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- Tasks: Source high-quality materials and manage contracts to support our revolutionary skincare brand.
- Company: Join Noble Panacea, a groundbreaking skincare brand committed to sustainability and innovation.
- Benefits: Competitive salary, professional development, and a chance to work in a dynamic environment.
- Why this job: Be part of a team that empowers natural beauty while making a real impact on the industry.
- Qualifications: 5+ years in procurement with strong negotiation and analytical skills.
- Other info: Opportunity for career growth in a luxury skincare sector with a focus on green chemistry.
The predicted salary is between 50000 - 60000 £ 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 OSMVâ„¢ 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 & Contracts Specialist: Strategic Sourcing employer: NOBLE PANACEA
Contact Detail:
NOBLE PANACEA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement & Contracts Specialist: Strategic Sourcing
✨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. Understand their commitment to sustainability and how your skills in procurement can contribute to their mission. Show them you’re not just another candidate!
✨Tip Number 3
Practice your negotiation skills! As a Procurement & Contracts Specialist, you’ll need to demonstrate your ability to secure the best value. Role-play with a friend or use online resources to sharpen those skills before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Noble Panacea.
We think you need these skills to ace Procurement & Contracts Specialist: Strategic Sourcing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement & Contracts Specialist role. Highlight your experience in strategic sourcing and vendor management, and don’t forget to mention any relevant software skills like SAP or Monday.com.
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 your skills align with our commitment to sustainability and quality at Noble Panacea.
Showcase Your Achievements: When detailing your experience, focus on specific achievements. Did you save costs or improve supplier relationships? Quantify your successes to make your application stand out!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Noble Panacea!
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 experience in strategic sourcing and vendor management. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easy for the interviewer to see your impact.
✨Be Ready to Negotiate
Since the role involves commercial negotiations, brush up on your negotiation skills. Think of scenarios where you successfully negotiated terms or prices in the past, and be prepared to discuss your approach and the outcomes.
✨Ask Insightful Questions
Prepare thoughtful questions about the procurement processes at Noble Panacea. Inquire about their current challenges or goals in sourcing materials. This not only shows your interest but also your proactive mindset in wanting to contribute to their success.