M&G plc

Procurement Manager – Part Time

M&G plc

part-time

Posted on:

Location Type: Office

Location: Stirling • United Kingdom

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Job Level

Junior

About the role

  • Supporting the development and delivery of the procurement strategy for indirect spend, driving efficiencies and savings for the business and supporting delivery of business strategy and third party supply chain control
  • Delivering an excellent procurement service to internal customers/stakeholders
  • Managing supplier relationships during the procurement projects and interventions
  • Creating a supply chain that aligns with the Commercial & Business Strategy
  • Accountable for delivery of procurement projects driving efficiencies and savings for the business
  • Understanding and identifying market trends and intelligence to deliver value and innovative solutions that will achieve business success
  • Building strong working relationships with core centralised teams (such as IT Security, Legal and Financial Crime)
  • Driving continuous improvement for the processes utilized within their team and across the Procurement function

Requirements

  • Good knowledge of strategic procurement and category management theories and concepts, financial risk and liability, including understanding the commercial risks associated with indirect supply chain
  • Strong analytical skills with the ability to cut through information and draw out key trends / insight to support the development and improvement of the category
  • Excellent written and verbal communications skills, and the ability to communicate to a range of stakeholders at all levels of the organisation
  • Strong knowledge of procurement best practice, good network/links with external bodies and individuals in category management across other industries
  • Strong knowledge of UK indirect supplier marketplace in terms of pricing, breadth of suppliers and geographical coverage, supplier financial standing, including broad understanding of the market trends and dynamics
  • Experience drawing key trends and insight from a complex range of data and driving action from that insight
  • Experience of working with a range of external suppliers, able to tailor approach based on the nature of the relationship with a specific partner or client
  • Experience of commercial and contract negotiation, including the drafting and execution of commercial contracts with track record of delivering savings to target and timelines
  • Experience of building relationships and influencing a range of senior internal and external stakeholders with the ability to manage competing priorities and business objectives in a fast paced environment
  • Experience of working in a matrix environment / or virtual team environment
  • Experience of working in a financial services or services based procurement function
  • Desirable: Working knowledge of financial services, regulatory and legislative frameworks relevant to the UK business
  • Relevant professional or degree qualification (e.g. MCIPS, MBA)
Benefits
  • As a savings and Investments firm we are proud to offer a valuable pension scheme of 18% , with 13% made up of Employer Contributions and 5% Employee Contributions .
  • We also offer Share Save and our Share Incentive Plan , together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.
  • Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.
  • Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.
  • Health & Protection cover including Private Healthcare , Critical Illness cover and Life Assurance for you, with family options - for peace of mind.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
strategic procurementcategory managementfinancial riskcommercial negotiationcontract draftingdata analysissupplier relationship managementprocurement best practicesmarket trend analysissavings delivery
Soft Skills
analytical skillscommunication skillsrelationship buildinginfluencing skillsstakeholder managementcontinuous improvementadaptabilityproblem-solvingteam collaborationprioritization
Certifications
MCIPSMBA