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- Tasks: Source high-quality materials and manage contracts to support our innovative skincare brand.
- Company: Join Noble Panacea, a revolutionary skincare brand committed to sustainability and quality.
- Benefits: Competitive salary, professional development, and a chance to work in a dynamic environment.
- Why this job: Be part of a team that promotes natural beauty and empowers skin health globally.
- Qualifications: Bachelor's degree and 5+ years in procurement with strong negotiation skills.
- Other info: Opportunity to work with cutting-edge technology in the luxury skincare sector.
The predicted salary is between 50000 - 60000 ÂŁ per year.
Noble Panacea is a new revolutionary skincare brand founded by Nobel Laureate Sir Fraser Stoddart and launched in October 2019. The ground‑breaking OSMV™ Technology at the core of the brand enables transformational efficacy and precision. We create with intention and deep respect by adhering to the global principles of green chemistry. We take our commitment to nature and sustainability to all stages of product development, from R&D to packaging. Ultimately, we strive to promote absolute skin health by empowering all who seek authentic, natural, and ageless beauty.
About the Role
We are seeking a detail‑oriented and proactive Procurement & Contracts Specialist to join our team. This role is responsible for sourcing high‑quality materials and services, supporting the management of competitive contracts, and ensuring timely, cost‑effective purchasing to support our operational needs. As a subject matter expert, the role will lead and collaborate with business units in establishing quality improvements, process efficiencies, managing risks and maintaining positive relationships with stakeholders across Noble Panacea’s global operations. This position reports to the Procurement & Contracts Manager.
Key Responsibilities
- Support the procurement process, including sourcing, evaluating, and selecting suppliers based on quality, cost, and delivery performance.
- Support the Procurement & Contracts Manager in commercial negotiations, pricing, terms, and contracts to secure the best value.
- Create, process, and track purchase orders to ensure timely delivery.
- Monitor inventory levels and collaborate with internal teams to forecast demand.
- Conduct market research to identify cost‑saving opportunities and mitigate supply risks and report findings to the Procurement Department.
- Maintain accurate supplier records, contracts, and performance metrics.
- Work alongside the Operations Department to resolve issues related to delivery delays, quality discrepancies, or invoice mismatches to received material.
- Evaluate supplier performance regarding compliance with procurement policies and ethical standards.
- Act as a project manager to carry out the procurement process from start to finish using Monday.com software.
- Perform periodic reporting to the Procurement & Contracts Manager and Director of Finance about sourcing progress, cost saving achieved, major procurement activities, risks and mitigation plans.
- Support departments in drafting request for proposals (RFPs), terms of reference, evaluation criteria and sole‑source justifications.
- Support in evaluating current procurement processes, identifying gaps and implementing improvements to increase operational effectiveness and standardization.
- Maintain and optimize the company's Contract Lifecycle Management (CLM) system.
- Analyze the financial aspects of bids and proposals throughout the procurement process to ensure cost‑effectiveness and compliance.
- Communicate effectively with both technical and business stakeholders to drive clarity and alignment.
Qualifications
- Bachelor’s degree in supply chain management, business administration, or related field.
- 5+ years of experience managing procurement processes, including strategic sourcing, RFP development, and vendor selection.
- 5+ years of experience managing SaaS contracts and vendor agreements.
- Experience with ERP or procurement software (SAP) or project management software (Monday.com).
- Advanced Microsoft Excel proficiency.
- Experience in the luxury sector (e.g., high‑end skincare) is a plus, but not required.
- Professional certifications (CPSM, CPP, CSCP) are a plus.
Skills
- Attention to detail.
- Strong negotiation, communication, and analytical skills.
- Vendor relationship management.
- Cost analysis and budgeting.
- Strong problem‑solving to resolve procurement challenges efficiently and independently.
- Track record of cross‑functional collaboration with legal, finance, and operations teams.
- Ability to prioritize and manage multiple procurement projects under tight deadlines.
Procurement and Contracts Specialist employer: NOBLE PANACEA
Contact Detail:
NOBLE PANACEA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement and Contracts Specialist
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. For Noble Panacea, understanding their commitment to sustainability and quality will show you're genuinely interested and aligned with their mission.
✨Tip Number 3
Practice your negotiation skills! As a Procurement and Contracts Specialist, you'll need to demonstrate your ability to secure the best value. Role-play scenarios with friends or mentors to build confidence.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're keen on being part of the team at Noble Panacea right from the start.
We think you need these skills to ace Procurement and Contracts Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement and Contracts Specialist role. Highlight your experience in sourcing, vendor management, and any relevant software skills like SAP or Monday.com. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about procurement and how you can contribute to our mission at Noble Panacea. Be sure to mention any experience in the luxury sector if you have it!
Showcase Your Skills: Don’t forget to showcase your negotiation and analytical skills in your application. We’re looking for someone who can manage contracts effectively and drive cost-saving initiatives, so give us examples of how you've done this in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at NOBLE PANACEA
✨Know Your Stuff
Before the interview, dive deep into Noble Panacea's mission and values. Understand their commitment to sustainability and how it ties into procurement. This will show that you’re not just interested in the role, but also in the company’s ethos.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your procurement expertise. Focus on instances where you successfully managed vendor relationships or negotiated contracts, especially if they relate to high-quality materials or services.
✨Be Ready for Technical Questions
Brush up on your knowledge of procurement software like SAP and project management tools such as Monday.com. Be prepared to discuss how you've used these tools to streamline processes or improve efficiency in previous roles.
✨Ask Insightful Questions
At the end of the interview, ask questions that demonstrate your interest in the role and the company. Inquire about their current procurement challenges or how they measure success in supplier performance. This shows you’re thinking ahead and are genuinely invested in contributing to their goals.