Procurement Specialist
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Key skills for this role
About the Role
DICETEK LLC is seeking a Procurement Specialist to support procurement activities across multiple categories. The role involves managing the full sourcing lifecycle, contract negotiations, vendor management, and delivering cost savings.
Key Skills for This Role
Responsibilities
- Support the Procurement Manager and Category Managers with sourcing activities, while independently managing own procurement projects.
- Manage the procurement process end to end, from requisition through to delivery, including supporting payment processing.
- Carry out procurement activities across multiple spend categories, applying category management principles.
- Lead contract and vendor negotiations, negotiating commercial terms and cost with suppliers.
- Identify and deliver procurement savings through strategic sourcing, optimization, negotiation, and alternative suppliers.
- Generate cost savings and value add through management of procurement activities.
- Support the cost take out and optimization strategy across the Group.
- Manage supplier relationships and performance, including performance evaluation and risk management.
- Manage supplier due diligence, including financial due diligence and vendor on boarding.
- Drive improvement in procurement processes through standardization, supplier catalogues, and automation.
- Support standardization and sharing of best practices across Group entities.
- Ensure governance and compliance with Group policies and Delegation of Authority.
Requirements
- Bachelor's degree in a relevant discipline
- 5+ years' experience in a sourcing/procurement role
- Demonstrated track record of delivering sourcing projects and savings
- Knowledge of end to end procurement and sourcing process
- Proven experience in contract negotiations and knowledge of contract terms
- Proven experience in vendor negotiations including cost and commercial negotiation
- Knowledge and experience of category management
- Experience in operational procurement and strategic sourcing
- Experience in spend analysis and driving optimization initiatives
- Strong negotiation and relationship management skills
- Experience within a bank or financial services company is preferred
- Technology/IT category knowledge is a plus
Full Job Posting
Role Overview
- The role carries out procurement activities across multiple categories for the Group, supporting the Procurement Manager and Category Managers on sourcing initiatives while independently owning and delivering their own projects.
- The successful candidate will bring proven experience across the full sourcing lifecycle, category management capability, and a demonstrable track record of delivering measurable savings.
KEY RESPONSIBILITIES
- Support the Procurement Manager and Category Managers with sourcing activities, while independently managing and delivering own procurement projects.
- Manage the procurement process end to end, from requisition through to delivery, including supporting payment processing.
- Carry out procurement activities for the Group across multiple spend categories, applying category management principles.
- Lead some contract and vendor negotiations — negotiating commercial terms and cost with suppliers.
- Identify and deliver procurement savings — both cost avoidance and run rate reductions — through strategic sourcing, optimisation, negotiation and alternative suppliers.
- Generate cost savings and value add through the management of procurement activities.
- Support the cost take out and optimisation strategy across the Group.
- Manage supplier relationships and performance — including performance evaluation, supplier risk management, and continuous improvement.
- Manage supplier due diligence, including financial due diligence and the vendor on boarding process.
- Drive improvement in procurement processes through standardisation, supplier catalogues, preferred suppliers and automation.
- Support standardisation and the sharing of best practices across the Group entities.
- Ensure governance and compliance with Group policies and the Delegation of Authority.
EXPERIENCE & QUALIFICATIONS
- Education: Bachelor's degree in a relevant discipline.
- Experience: 5+ years' experience in a sourcing / procurement role.
- Track record: Demonstrated track record of delivering sourcing projects and savings.
JOB SPECIFIC SKILLS & KNOWLEDGE
- Knowledge of, and hands on experience in, the end to end procurement and sourcing process.
- Proven experience in contract negotiations, with a sound working knowledge of contract terms and conditions.
- Proven experience in vendor negotiations, including cost and commercial negotiation.
- Knowledge and experience of category management is required.
- Technology / IT category knowledge is a plus.
- Experience in operational procurement and strategic sourcing.
- Experience in spend analysis and in identifying, highlighting and driving optimisation initiatives.
- Supplier Relationship Management experience is a plus.
- Excellent working knowledge of Oracle Fusion ERP, especially across the procure to pay process, is an advantage.
- Strong negotiation and relationship management skills.
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