At a Glance
- Tasks: Support procurement activities and analyse spend data to drive value and cost savings.
- Company: Join a dynamic team focused on innovative procurement solutions.
- Benefits: Gain hands-on experience, develop analytical skills, and enjoy a collaborative work environment.
- Other info: Opportunity for career growth in a fast-paced, supportive setting.
- Why this job: Make a real impact by optimising costs and improving supplier performance.
- Qualifications: Strong analytical skills and a passion for procurement.
The predicted salary is between 30000 - 40000 £ per year.
We are looking for a high-potential Procurement Analyst to support the delivery of a business-wide procurement and supplier management programme. This role combines hands-on sourcing with strong analytical and commercial capability. You will support procurement activity end-to-end while providing insight into spend, supplier performance, and cost optimisation opportunities. You will work across a broad range of third-party spend, partnering with stakeholders to drive value, improve commercial outcomes, and embed structured procurement processes. This is a delivery-focused role with real ownership and visibility across the business.
Your key responsibilities
- Sourcing & Commercial Delivery
- Lead and support sourcing activity across a range of third-party spend, both direct and indirect
- Run structured RFQs/RFPs, evaluate, and produce clear award recommendations
- Analyse supplier pricing, cost drivers, and commercial models to ensure value for money
- Support negotiations, driving cost savings and improved commercial terms
- Identify opportunities for demand management, consolidation, and cost optimisation
- Spend Analysis & Insight
- Analyse spend data to identify trends, risks, and savings opportunities
- Build and maintain spend baselines across key areas
- Provide data-driven insights to support sourcing decisions and stakeholder discussions
- Support development of category insights where required
- Stakeholder Engagement
- Partner with budget holders to shape requirements and sourcing approaches
- Act as a trusted advisor on procurement processes and commercial considerations
- Drive early procurement engagement to maximise value and control
- Influence stakeholders to adopt best practice procurement behaviours
- Supplier & Contract Management
- Support onboarding of new suppliers in line with governance and control requirements
- Assist with due diligence, risk checks, and documentation
- Maintain accurate contract and supplier data, including key commercial terms and renewal dates
- Support proactive renewal management and supplier performance tracking
- Process, Governance & Control
- Ensure procurement activity aligns with internal policy, approval thresholds, and controls
- Support rollout and continuous improvement of procurement processes and tools
- Maintain audit-ready documentation to support compliance requirements
- Reporting & Performance Tracking
- Track and report savings, cost avoidance, and commercial outcomes
- Maintain procurement pipelines, contract registers, and opportunity logs
- Support production of monthly reporting and dashboards
- Highlight risks, issues, and opportunities to leadership
Procurement Analyst (9 Month FTC) in Worcester employer: Open GI Limited
As a Procurement Analyst at our company, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. We offer a comprehensive benefits package, a culture of collaboration, and the opportunity to make a tangible impact on our procurement processes. Located in a vibrant area, our team enjoys a balance of professional challenges and personal fulfilment, making us an excellent employer for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Analyst (9 Month FTC) in Worcester
✨Tip Number 1
Network like a pro! Reach out to people in the procurement field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement processes. We recommend practising common interview questions and having examples ready that showcase your analytical skills and commercial acumen.
✨Tip Number 3
Showcase your skills with a portfolio! If you’ve worked on relevant projects, compile them into a neat presentation. We love seeing real-life examples of your sourcing and spend analysis capabilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for high-potential candidates like you to join our team!
We think you need these skills to ace Procurement Analyst (9 Month FTC) in Worcester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Procurement Analyst role. Highlight your hands-on sourcing experience and analytical skills, as these are key for us. Use specific examples that demonstrate your ability to drive value and improve commercial outcomes.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share your passion for procurement and how your previous experiences align with our needs. Don’t forget to mention your ability to partner with stakeholders and influence best practices!
Showcase Your Analytical Skills:Since this role involves a lot of spend analysis and data-driven insights, make sure to showcase your analytical skills in your application. Include any relevant tools or methodologies you’ve used to analyse spend data and identify savings opportunities.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Open GI Limited
✨Know Your Numbers
As a Procurement Analyst, you'll be dealing with a lot of data. Brush up on your spend analysis skills and be ready to discuss how you've used data to drive decisions in the past. Prepare some examples of trends you've identified or savings you've achieved through your analytical prowess.
✨Master the Art of Negotiation
Negotiation is key in procurement. Think about your previous experiences where you successfully negotiated terms or prices. Be prepared to share specific strategies you used and the outcomes. This will show your potential employer that you can drive cost savings effectively.
✨Engage Stakeholders Like a Pro
This role requires strong stakeholder engagement. Think about how you've partnered with budget holders or influenced others in your previous roles. Prepare to discuss how you can act as a trusted advisor and drive early procurement engagement to maximise value.
✨Stay Compliant and Organised
Understanding governance and compliance is crucial. Familiarise yourself with procurement policies and be ready to talk about how you've maintained audit-ready documentation in the past. Highlight your attention to detail and how it contributes to successful procurement processes.
