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For Companies At a Glance
- Tasks: Provide data-led insights to drive commercial opportunities and support negotiations.
- Company: Leading UK business in the Southwest with a focus on collaboration.
- Benefits: Competitive salary, bonus, hybrid working, and great company perks.
- Why this job: Make a meaningful impact on commercial strategy and vendor management.
- Qualifications: Experience in buying or commercial roles, strong negotiation skills, and Excel proficiency.
- Other info: Opportunity for career growth in a dynamic environment.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Commercial Buying Analyst – 15-month FTC
Competitive salary subject to experience
Location - Southwest, United Kingdom (2 - 3 days office/ week)
T2M Resourcing are recruiting a Commercial Buying Analyst for a leading UK business based in the Southwest. This role is initially offered as a 15-month FTC which will likely become a permanent role for the right person.
As Commercial Buying Analyst, you will work closely with both the Trading and Category teams, providing the insight that informs key negotiations and vendor decisions. Your expertise will be critical in identifying commercial opportunities and advising on the most effective approaches, tactics, and strategies to deliver the best outcomes. This role is ideal for someone passionate about commercial strategy who wants to make a meaningful, business-wide impact.
Responsibilities
- The provision of data-led insights that help Trading teams identify and agree commercial opportunities.
- Use market data across commodities, currencies, and broader trends to support negotiations, validate costs, and strengthen commercial decision-making.
- Drawing on your understanding of negotiation principles, you’ll advise on strategies and tactics that support strong outcomes.
- Partner with Trading teams to support exceptional vendor agreements, influencing branded cost of sales spend.
- Challenge existing buying processes, uncovering opportunities for efficiency, effectiveness, and cost savings.
- Share knowledge across teams by leading workshops, developing templates, and embedding consistent approaches to buying and vendor management.
- Build strong relationships across the business, working closely with Category Managers, Finance Partners, and Commercial Operations.
Qualifications
To be successful in this Commercial Buying Analyst role you will demonstrate the following skills, experience and attributes:
- Ideally previous experience in Buying and/or commercial role within a sizeable business.
- Strong negotiation, influence skills.
- Experienced Microsoft Excel and PowerPoint user, with excellent analytical skills.
- Strong communication skills, a team player who uses initiative and diplomacy when liaising with internal and external stakeholders.
- Experience of Project Management.
- Able to build strong internal relationships to deliver commercial improvement through others.
This hybrid working role will attract a competitive salary, bonus and great company benefits. To apply you must have the right to work in the UK on a permanent basis. T2M Resourcing is an equal opportunities employer. Due to the volume of applications if you have not received a direct response within 10 working days, please assume your application has been unsuccessful.
Commercial Buying Analyst employer: T2M Resourcing
Contact Detail:
T2M Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Buying Analyst
✨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 competitors. Understand their market position and be ready to discuss how your skills as a Commercial Buying Analyst can help them achieve their goals.
✨Tip Number 3
Practice your negotiation skills! Since this role is all about influencing vendor agreements, being able to demonstrate your negotiation prowess in interviews will set you apart from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Commercial Buying Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Commercial Buying Analyst role. Highlight your experience in buying and commercial roles, and don’t forget to showcase those strong negotiation skills we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about commercial strategy and how your skills can make a meaningful impact at our company. Keep it engaging and relevant!
Show Off Your Analytical Skills: Since this role involves a lot of data-led insights, be sure to mention your experience with Microsoft Excel and any analytical projects you've worked on. We want to see how you can use data to drive decisions!
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 keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at T2M Resourcing
✨Know Your Numbers
As a Commercial Buying Analyst, you'll be expected to provide data-led insights. Brush up on your analytical skills and be ready to discuss how you've used data in past roles to influence decisions. Bring examples of market data you've worked with and how it shaped your strategies.
✨Master Negotiation Tactics
Since negotiation is key in this role, prepare by reviewing common negotiation principles. Think of specific instances where you successfully negotiated terms or agreements. Be ready to share your approach and the outcomes, showcasing your ability to influence and achieve strong results.
✨Build Relationships
This role requires collaboration with various teams. During the interview, highlight your experience in building strong internal relationships. Share examples of how you've partnered with others to drive commercial improvements, as this will demonstrate your team player mentality and communication skills.
✨Challenge the Status Quo
Show your proactive mindset by discussing how you've identified inefficiencies in previous buying processes. Prepare to talk about specific changes you implemented that led to cost savings or improved effectiveness. This will illustrate your ability to think critically and contribute to the company's success.
