At a Glance
- Tasks: Manage the entire tender process and coordinate with various teams for contract management.
- Company: Join a leading medical technology company with a focus on innovation.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative team culture with a focus on continuous improvement and career advancement.
- Why this job: Make a real impact in the healthcare sector while developing your skills in a dynamic environment.
- Qualifications: Experience in tenders and contracts, strong organisational and communication skills required.
The predicted salary is between 40000 - 50000 £ per year.
- Work Flexibility: Hybrid
- Tenders & Contracts Specialist
- Permanent Contract
- Hybrid Position, 1-2 Days in Office Per Week
In collaboration with the Associate Commercial Manager/Team Leader, you will manage the entire tender process (identification, qualification, response and evaluation).
You will manage the tender process, and coordinate key requirements in collaboration with Legal, Sales, Finance, Product Management and other relevant business functions specific to each tender submission terms and conditions.
For customer contracts you will be the first point of contact for all sales related legal inquiries and approval requests.
You will work closely with Stryker’s legal counsel and your sales colleagues in effectively managing the contract database.
The goal is to improve the efficiency and effectiveness of the contract compliance tracking and contract management process.
What you will do
- End to end tender and contract management
- Contract administration and management
- Contract compliance
- Nexus compliance
- Accurate visibility of tenders and contracts in your region/country
- Scout tender opportunities (internal/external) through the relevant platforms and websites.
- Manage the Go/No-Go decision process with relevant stakeholders, and record consensus.
- Register all identified tenders in Nexus for direct and indirect tenders.
- Review and understand key tender requirements and terms and conditions.
- Initiate and lead tender kick-off meetings, pricing meetings and lessons learned meetings.
- Create tender action plans with gant chart (tasks, docs, RACI and deadlines).
- Co-ordinate a multidisciplinary team in tender activities to create the commercial offer.
- Review total tender submission and get approvals according to the DOA approval matrix..
- Pro-actively communicate timelines and status updates with all stakeholders.
- Create teams channels for tenders-where gant chart tracker and other docs can be uploaded
- Support pricing specialists in price evaluations, providing current and previous tender award info.
- Support the divisions and pricing teams with publicly available competitor information.
- Evaluate the tender outcome (win/loss). Provide an award analysis to the business.
- Continuously evaluate the tender process and propose improvements.
- Communicate customer feedback on Stryker’s performance on tenders and contracts to the business as part of lessons learned.
- Manage and continuously update the COE content library for your region/country.
- Maintain the Tender forecast and pipeline for senior management.
- Manage the distribution of draft and finalized contracts (internal and external).
- Manage contract renewals through Nexus, and the contract compliance tools.
- Maintain and develop the internal contract management system, providing easy access to all proposals and contracts.
- Contract compliance tracking of sales and volume performance against customer commitments.
- Update, maintain and optimize the opportunity tracker and pipeline.
- Together with sales, gather publicly available market information on competitor contracts.
What you will need
- Relevant experience in Tenders & Contracts
- Good knowledge of MS Office (Word, PPT & Excel)
- Very good knowledge of Oracle software and Power Bi.
- The ability to multi-task and juggle multiple projects simultaneously
- A high level of discipline and be able to meet strict deadlines
- To be a structured and organizational planner
- To be articulate, numerical, process oriented
- To be detailed and results driven
- To be a diplomatic team player focused on hitting deadlines in a high pressure environment
- To be a strong communicator with strong writing/bid text authoring skills
- Travel Percentage: None
Tenders & Contracts Specialist in Newbury employer: Stryker
As a Senior Manager in Procare Services, you will join a dynamic and innovative team dedicated to transforming service delivery into a key driver of commercial success. Our company fosters a collaborative work culture that prioritises employee growth through continuous development opportunities and cross-functional partnerships, all while operating in a diverse and cross-cultural environment across the UK and Northern Europe. With a strong focus on performance metrics and customer outcomes, we offer a rewarding career path for those looking to make a meaningful impact in the healthcare technology sector.
StudySmarter Expert Advice🤫
We think this is how you could land Tenders & Contracts Specialist in Newbury
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Stryker looking for candidates who are engaged and informed.
We think you need these skills to ace Tenders & Contracts Specialist in Newbury
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Stryker. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Stryker
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Stryker’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
