At a Glance
- Tasks: Support sourcing and onboarding of suppliers while managing vendor relationships.
- Company: Join a leading financial services organisation with a collaborative culture.
- Benefits: Enjoy flexible working, 25 days holiday, private medical cover, and more.
- Other info: Dynamic role with opportunities for growth and development in a regulated environment.
- Why this job: Kickstart your career in procurement and make a real impact on vendor management.
- Qualifications: Experience in indirect procurement or purchasing; CIPS Level 3 is a plus.
The predicted salary is between 28800 - 32000 £ per year.
Job Title
Procurement & Vendor Management Coordinator
Location
Bracknell Hybrid Min. of 1 day in the office a week
Salary
Working Hours
Monday to Friday 9 am to 5.30 pm
Benefits
- Flexible working
- 25 Days holiday
- Day off for your birthday
- Private medical cover
- Life Assurance 4 times salary
- Pension (contributory employer contribution up to 8%)
- Discretionary annual bonus
- Free onsite parking
- Health shield
- Enhanced Maternity/Paternity & Adoption leave
About the role: Procurement & Vendor Management Coordinator
An excellent opportunity to join the Procurement & Contracts team of a leading financial services organisation, supporting the sourcing, onboarding and ongoing management of third-party suppliers.
This is a varied role where you'll work closely with internal stakeholders and external vendors, carrying out market research, supporting tender processes, analysing spend and commercial data, assisting with supplier negotiations and ensuring robust vendor management processes are followed throughout the contract lifecycle.
This role would suit someone with indirect procurement or purchasing experience gained in a corporate or regulated environment, particularly across areas such as professional services, IT, facilities, marketing or business services, rather than direct purchasing of goods or manufacturing materials.
Candidates with a CIPS Level 3 qualification (or equivalent) will also be considered, even if they have limited commercial procurement experience, provided they can demonstrate strong analytical skills, excellent stakeholder management and a genuine interest in developing a career within procurement and vendor management.
- Responsibilities for the role of Procurement & Vendor Management Coordinator
- Support the sourcing and onboarding of new suppliers and vendors.
- Assist with tender and procurement activities, including market research.
- Conduct spend, trend and cost-benefit analysis to support commercial decisions.
- Manage low-risk purchasing activities and supplier quotations.
- Support vendor negotiations to achieve best value.
- Maintain supplier records, procurement systems and contract information.
- Assist with vendor onboarding and ongoing supplier management.
- Ensure procurement activities comply with company policies and regulatory requirements.
- Build effective relationships with internal stakeholders and external suppliers.
- Support the continuous improvement of procurement and vendor management processes.
- Provide reporting and administrative support to the Procurement & Contracts team.
- Experience required for the role of Procurement & Vendor Management Coordinator
- Experience in indirect procurement, purchasing, supplier or vendor management
- CIPS Level 3 (or equivalent) candidates will be considered even without extensive procurement experience.
- Strong analytical, organisational and stakeholder management skills, with good Excel and Microsoft Office knowledge.
- Financial services or other regulated industry experience is desirable but not essential.
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Procurement & Vendor Management Coordinator in London employer: Stellar Select Limited
Stellar Select Limited is an excellent employer, offering a dynamic work environment in London where you can make a significant impact in the mortgage servicing sector. With a competitive salary, flexible working arrangements, and a strong focus on employee growth and process improvement, we foster a culture that values innovation and collaboration, ensuring that our team members thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement & Vendor Management Coordinator in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Stellar Select Limited.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement & Vendor Management Coordinator in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Stellar Select Limited:Your cover letter should read like you’re chatting directly to Stellar Select Limited. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Stellar Select Limited.
How to prepare for a job interview at Stellar Select Limited
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Stellar Select Limited!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Stellar Select Limited. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Stellar Select Limited's culture.
