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For Companies At a Glance
- Tasks: Manage sourcing, supplier relationships, and procurement processes to optimise cost and quality.
- Company: Join a dynamic team focused on strategic procurement and supplier management.
- Benefits: Enjoy flexible working options, professional development opportunities, and a collaborative culture.
- Why this job: Be part of a role that drives efficiency and innovation while making a real impact.
- Qualifications: 2+ years in procurement or supply chain, with strong negotiation and analytical skills required.
- Other info: Opportunity to work closely with various teams and enhance your professional network.
The predicted salary is between 28800 - 43200 £ per year.
Job Purpose
Reporting to the Head of Procurement, the Procurement Specialist will be responsible for sourcing goods and services, managing supplier relationships, and ensuring procurement activities align with company policies and objectives. This role plays a key part in optimising cost, quality, risk, and delivery performance.
Key Responsibilities
- Sourcing & Purchasing: Execute end-to-end procurement processes including project management, market engagement (RFx), supplier selection, and supplier onboarding.
- Contract Drafting & Negotiation: Draft, review, and negotiate a wide range of commercial contracts, including vendor agreements, service contracts, NDAs, and partnership agreements in line with company policies and risk tolerances.
- Supplier Management: Build and maintain strong relationships with suppliers to ensure quality, reliability, and performance.
- Stakeholder Collaboration: Work closely with internal business functions to define and support business needs. Provide guidance and training to internal teams on procurement approaches, contract terms, and best practices.
- Cost Optimization: Identify cost-saving opportunities through negotiation, supplier consolidation, and alternative sourcing methods.
- Contract Management: Maintain a central repository of contracts and track key milestones, renewals, and obligations.
- Compliance & Documentation: Ensure procurement activities comply with internal policies, legal requirements, and audit standards.
- Data Analysis & Reporting: Analyze procurement data, monitor KPIs, and prepare reports to support strategic decision-making.
Qualifications & Experience
- 2+ years of experience in procurement, purchasing, or supply chain roles
- Experience with procurement systems and contract management tools
- Strong negotiation, analytical, and communication skills
- Analytical mindset with attention to detail
Key Competencies
- Organizational and time management skills
- Strong negotiation skills
- Problem-solving and critical thinking
- Team collaboration and stakeholder engagement
- Ethical and professional conduct
- Adaptability in a fast-paced environment
- Attention to detail and data accuracy
Note: The date \”July 2025\” appears to be a placeholder or incorrect; consider clarifying or removing it.
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Procurement Specialist employer: PayPoint plc.
Contact Detail:
PayPoint plc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Specialist
✨Tip Number 1
Familiarise yourself with procurement systems and contract management tools commonly used in the industry. This knowledge will not only boost your confidence during interviews but also demonstrate your proactive approach to understanding the role.
✨Tip Number 2
Brush up on your negotiation skills by practising real-life scenarios or role-playing with friends. Being able to showcase your negotiation prowess can set you apart from other candidates, especially since it's a key competency for this position.
✨Tip Number 3
Network with professionals in the procurement field through LinkedIn or industry events. Building relationships can provide you with valuable insights into the role and may even lead to referrals, increasing your chances of landing the job.
✨Tip Number 4
Stay updated on market trends and best practices in procurement. Being knowledgeable about current developments will help you engage in meaningful discussions during interviews and show that you're committed to continuous improvement in the field.
We think you need these skills to ace Procurement Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement, purchasing, or supply chain roles. Emphasise your skills in negotiation, data analysis, and supplier management, as these are key for the Procurement Specialist position.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities outlined in the job description. Mention your experience with contract drafting and negotiation, as well as your ability to optimise costs and manage supplier relationships.
Showcase Relevant Achievements: Include specific examples of past achievements in procurement or supply chain roles. Highlight any cost-saving initiatives you led or successful supplier negotiations that resulted in improved performance.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. Ensure that all information is clear and concise, reflecting your attention to detail, which is crucial for this role.
How to prepare for a job interview at PayPoint plc.
✨Know Your Procurement Processes
Familiarise yourself with end-to-end procurement processes, including market engagement and supplier onboarding. Be prepared to discuss your experience in these areas and how you can apply them to the role.
✨Showcase Your Negotiation Skills
Since negotiation is a key part of the role, come equipped with examples of successful negotiations you've conducted. Highlight your strategies and the outcomes to demonstrate your effectiveness.
✨Emphasise Supplier Relationship Management
Discuss your approach to building and maintaining strong supplier relationships. Share specific instances where your relationship management led to improved quality or performance.
✨Prepare for Data Analysis Questions
Expect questions related to data analysis and reporting. Be ready to explain how you've used data to inform procurement decisions and optimise costs in previous roles.
