Procurement Specialist

The Procurement Specialist will champion the ongoing development of Mintel’s procurement process. They will be responsible for overseeing and facilitating the sourcing and purchasing strategy for the business, guiding/advising stakeholders through the process, ensuring adoption of procurement strategy and process across the organisation.

This individual will communicate regularly with various individuals in a wide range of roles and departments across the organisation including leadership teams in operations, finance, project managers and sales representatives. Act as the primary point of contact between suppliers and business stakeholders, secure business inquiries, arrange communications/meetings and improve the procurement process by identifying potential supplier sources, screening and negotiating favorable terms.

Responsibilities Include:

• Develop continuous improvements based on learnings, market and business needs to perform the Procurement process.
• Provide management, instruction and follow-up to drive effective and timely completions of RFP/bid, contracting and drive supplier performance levels. Be proactive and manage internal and external customer expectations.
• Inforce best practices within the procurement process and supplier management to support the business, commercial and operational objectives.
• Play a key role in development and execution of sourcing strategies across the organisation to manage timelines, set stakeholders expectations and determine sourcing plans.
• Ensure the execution of procurement practices, onboarding stakeholders, identifying and implementing policies and procedures for economical purchasing, managing business sourcing needs and budgeting/spend to plan and secure resources across the organisation, whilst  enforcing ongoing compliance of supplier contracts.
• Establish relationships with Corporate Legal and Risk Management to ensure all contractual terms and conditions comply with standard practices, privacy/law regulations. As standard practices change, review existing agreements and identify areas of opportunity. 
• Maintain supplier champion relationships between internal stakeholders and suppliers to ensure proper relationship and oversight of day-to-day business operations needs, including business review meetings to assess risk, determine future partnership strategies and identify potential cost reduction and improvement opportunities.
• Provide transparency and oversight over global supplier spend, provide guidance for strategic sourcing to ensure supplier bids and negotiations for best pricing possible. Focus contract negotiations around best commercial terms, competitive tenders, multiyear discounts and manage vendor selling cycles. Invoke proper contract negotiation resources as needed to achieve these goals.

Qualifications

• Bachelor’s degree preferred
• Minimum 3 years experience with sourcing third parties suppliers, securing contracts and master services agreements; redlining and/or negotiations
• Strong leadership skills and ability to direct others according to company standards
• Strong organizational and planning skills
• Excellent communication skills, including the ability to communicate at all levels within an organization
• Experience with vendors in the data, research, social marketing/advertising and AI categories a bonus 

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