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- Tasks: Join our team to analyse and improve procurement processes and systems.
- Company: Be part of a dynamic organisation focused on transforming procurement operations.
- Benefits: Enjoy flexible working with remote options and a collaborative team environment.
- Why this job: Make a real impact on supplier risk management and procurement transformation.
- Qualifications: Experience in business analysis and procurement is essential.
- Other info: Immediate start required; must be onsite 2 days a week in North London/Hertfordshire.
The predicted salary is between 36000 - 60000 £ per year.
We require a skilled Procurement Business Analyst to work on a TPRM and Supplier Risk Management project. This is an immediate start role to work in North London/Hertfordshire (must be onsite 2 days per week) and outside IR35.
We are seeking an experienced Business Analyst to join our team to support our Procurement Transformation programme. The programme will be run by a small team of one Project Manager & BAs, supported by SMEs from the business and reporting into the Head of Group Procurement.
The programme aims to:
- Help redesign our Group Procurement Op Model - policy, processes, structure, RACI etc.
- Design and implement Supplier Risk Management - determine which risks are of concern, identify them in the supply chain and design and implement appropriate controls.
- Develop Group wide contract management, including implementing a contracts database - linking up with the legal team, who will be procuring a CLM system.
- Design, develop and implement Group wide procurement data - spend analytics, supplier details.
- Specify, procure and implement a Supplier Risk Management System, Contracts Database and Source to Pay - likely to be extension of current One.
This role will play a critical part in analysing, designing, and implementing the necessary processes and systems improvements. The Business Analyst will work closely with the project team and stakeholders across the organisation to ensure the successful delivery of procurement transformation initiatives.
Contact Detail:
Next Ventures Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Business Analyst (TPRM and Supplier Risk)
✨Tip Number 1
Familiarise yourself with the latest trends in procurement and supplier risk management. Understanding current best practices and tools will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the procurement field, especially those who have experience in TPRM and supplier risk. Attend industry events or join relevant online forums to connect with potential colleagues and learn about their experiences.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented process improvements in previous roles. Highlighting your analytical skills and ability to work collaboratively with stakeholders will set you apart from other candidates.
✨Tip Number 4
Research the company’s current procurement processes and any recent news related to their operations. This knowledge will allow you to tailor your discussions and show genuine interest in contributing to their transformation programme.
We think you need these skills to ace Procurement Business Analyst (TPRM and Supplier Risk)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and risk management. Use keywords from the job description, such as 'Supplier Risk Management' and 'Procurement Transformation', to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the requirements of the Procurement Business Analyst position. Explain how your skills and experiences align with the goals of the project, particularly in redesigning procurement processes and implementing risk management systems.
Showcase Relevant Projects: In your application, mention specific projects where you have successfully implemented procurement strategies or risk management solutions. This will help illustrate your capability to contribute to the team's objectives.
Highlight Collaboration Skills: Emphasise your ability to work closely with project teams and stakeholders. Provide examples of how you've collaborated with different departments, such as legal or finance, to achieve successful outcomes in previous roles.
How to prepare for a job interview at Next Ventures
✨Understand the Role
Make sure you have a clear understanding of the Procurement Business Analyst role, especially in relation to TPRM and Supplier Risk Management. Familiarise yourself with key concepts and terminology, as this will help you answer questions confidently and demonstrate your expertise.
✨Showcase Relevant Experience
Prepare to discuss your previous experience in procurement transformation projects. Highlight specific examples where you've successfully redesigned processes or implemented risk management strategies, as this will show that you can bring valuable insights to the team.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's procurement transformation programme and the specific challenges they face. This not only shows your interest in the role but also helps you assess if the company is the right fit for you.
✨Demonstrate Collaboration Skills
Since the role involves working closely with project teams and stakeholders, be ready to discuss how you've effectively collaborated in past projects. Share examples of how you’ve navigated differing opinions and built consensus to achieve project goals.
