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For Companies At a Glance
- Tasks: Lead sourcing strategies and manage supplier relationships to drive value and innovation.
- Company: Join Vitality, a top-rated workplace committed to diversity and inclusion.
- Benefits: Enjoy bonuses, health insurance, pension contributions, and flexible working options.
- Why this job: Make a real impact in a dynamic team while advancing your career.
- Qualifications: Experience in sourcing, negotiation skills, and stakeholder management required.
- Other info: Be part of a supportive environment that values your growth and well-being.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
- Supplier negotiation skills
- To be able to build strong relationships with senior stakeholders within a function
- Can understand the bigger picture when managing Risk to the business
What this role is all about:Join our dynamic Sourcing team and take the lead in shaping how Vitality partners with the market. As a Sourcing Business Partner (Business Services), you’ll own the end-to-end sourcing and supplier strategy for our People function. This will cover Human Resources and Property/Facilities, delivering solutions that drive value, innovation, and impact. From identifying and onboarding the right partners to managing supplier relationships and optimising spend across key categories, you’ll play a critical role in ensuring Vitality gets the best from its partnerships.Key ActionsSourcing / Category Management
- Build strong relationships with key stakeholders to define category focused sourcing strategies
- Meet sourcing and business objectives in terms of assurance of supply, quality, service performance, cost, innovation and regulatory compliance
- Identify and deliver value through spend reduction opportunities, supplier consolidation and value adding activities
- Utilise existing knowledge and conduct market research to identify potential suppliers, define the preferred sourcing solution and manage any competitive (RFI/RFP) exercises to meet business and commercial requirements
- Negotiate the best deals possible with short-listed suppliers to achieve the best value for Vitality
- Draft and implement robust contracts and service schedules with selected suppliers in order to maximise business value
- Mitigate risk with supplier onboarding and liaise with Legal as required
Supplier Management
- Provide effective management of supplier relationships within Vitality’s defined supplier management framework, managing all associated risk and compliance activities, driving post contract value and stakeholder management
- Act as an escalation point for issues with suppliers and support the business in the resolution of issues
Contract Management
- Effectively manage a portfolio of contracts via the Contract Lifecycle Management process. Identify efficiency improvements and cost savings, whilst enabling the business to maintain required service levels and mitigate risk
What do you need to thrive?
- Possess specific knowledge within one or more sourcing categories
- Have a proven track record in a sourcing environment, with a history of savings delivery
- Have impressive experience of negotiations with suppliers to deliver value and mitigate contractual risk
- Show a broad understanding of contract drafting, service definition, performance and commercial structures
- Have a proven record of effective category management, demonstrating the implementation of sourcing strategy, supplier rationalisation and supplier innovation
- Show a strong understanding of supplier management, including analysis to mitigate risk through contingency planning, and driving initiatives to seek greater performance
- Be able to communicate, influence, and network with stakeholders at all levels, both internally and externally
So, what’s in it for you?
- Bonus Schemes – A bonus that regularly rewards you for your performance
- A pension of up to 12%– We will match your contributions up to 6% of your salary
- Our award-winning Vitality health insurance – With its own set of rewards and benefits
- Life Assurance – Four times annual salary
These are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!If you are successful in your application and join us at Vitality, this is our promise to you, we will:
- Help you to be the healthiest you’ve ever been.
- Create an environment that embraces you as you are and enables you to be your best self.
- Give you flexibility on how, where and when you work.
- Help you advance your career by playing you to your strengths.
- Give you a voice to help our business grow and make Vitality a great place to be.
- Give you the space to try, fail and learn.
- Provide a healthy balance of challenge and support.
- Recognise and reward you with a competitive salary and amazing benefits.
- Be there for you when you need us.
- Provide opportunities for you to be a force for good in society.
We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.About The CompanyWe're really excited to announce that we have recently been awarded "Top 10 Best Places To Work" in The Sunday Times Awards 2024!Diversity & InclusionAt Vitality, we’re committed to diversity and inclusion because it’s good for our employees, for our business, and for society. We welcome applications from individuals of all backgrounds, experiences, and perspectives.Vitality’s approach to sustainabilityVitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page. If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early.
Procurement Business Partner employer: Vitality
Contact Detail:
Vitality Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Business Partner
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Vitality on LinkedIn. Ask them about their experiences and any tips they might have for your application process. Building connections can give you insider info that could set you apart.
✨Tip Number 2
Prepare for the interview by researching Vitality’s values and recent projects. Show us that you understand their mission and how your skills in supplier negotiation and stakeholder management can contribute to their goals. Tailor your answers to reflect their needs!
✨Tip Number 3
Practice your negotiation skills! Since this role is all about getting the best deals, consider role-playing scenarios with a friend. This will help you articulate your strategies and demonstrate your value during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the Vitality team. Let’s get you that job!
We think you need these skills to ace Procurement Business Partner
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your supplier negotiation skills and experience in sourcing. We want to see how your background aligns with the role, so don’t hold back on showcasing your achievements!
Showcase Your Stakeholder Management Skills: In your application, emphasise your ability to build strong relationships with senior stakeholders. Share examples of how you've successfully influenced decisions or driven initiatives in previous roles – we love a good story!
Demonstrate Your Risk Management Knowledge: Since understanding risk is key for this role, include any relevant experiences where you’ve managed supplier risks or implemented contingency plans. This will show us that you can think strategically and keep the business safe.
Apply Through Our Website: We encourage you to submit your application through our careers page. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. Plus, it’s super easy!
How to prepare for a job interview at Vitality
✨Know Your Sourcing Strategies
Before the interview, brush up on your knowledge of sourcing strategies and category management. Be ready to discuss how you've successfully implemented these in past roles, as this will show your understanding of the bigger picture Vitality is looking for.
✨Showcase Your Negotiation Skills
Prepare specific examples of successful negotiations you've led with suppliers. Highlight the outcomes and how they benefited your previous employers. This will demonstrate your ability to deliver value and mitigate risk, which is crucial for the role.
✨Build Relationships in the Interview
During the interview, focus on your interpersonal skills. Talk about how you’ve built strong relationships with stakeholders in the past. This will help convey that you can effectively communicate and influence at all levels, a key requirement for the position.
✨Understand Risk Management
Familiarise yourself with risk management principles related to supplier onboarding and contract management. Be prepared to discuss how you've identified and mitigated risks in previous roles, as this will align with Vitality's emphasis on managing supplier relationships effectively.
