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We’re recruiting for a Sourcing Manager to join our Technology team with knowledge and experience of Technology and Outsourcing procurement. We’re offering a competitive base salary and a strong benefits package. Our Group Procurement team launched a 3-year transformation strategy in 2023 and secured investment in people and systems to deliver the vision of creating a Procurement Centre of Excellence for Legal and General. We have embed category management and expertise, drive innovative sourcing strategies and are partnering with stakeholders to become a strategic enabler for the business. The Technology sourcing team is a key component of the transformation activity taking place across L&G. We are looking for a Sourcing Manager who brings experience and knowledge, who can work flexibly, and who will prioritise engagement and collaboration with our L&G colleagues to ensure great business partnering and to deliver the best outcomes. A typical working week is two days in an office and three days at home.
Job Responsibility:
Managing a variety of procurement/sourcing engagements
Leading and conducting sourcing activities and negotiations for renewals, in-life negotiations and new supplier engagements ensuring relevant control and governance requirements are met, as demand dictates
Collaborating with senior stakeholders and cross-functional teams to drive strategic procurement initiatives
Support monitoring of adherence to established contracts and realisation of savings, collaborating with contract management and supplier relationship management (SRM) teams as required
Actively identify and lead opportunities to drive value and improve performance of potential supply base while seeking to reduce cost and risk and improve performance and value
Supporting the development and implementation of procurement strategies
Ensuring all contracting and commitment to spend is undertaken and governed in accordance with compliance with procurement policies and procedures
Contributing to the continuous improvement of procurement processes and tools
Providing guidance and support to junior team members
Participating in the transformation and optimisation of supply spend
Requirements:
An in-depth knowledge of technology category management, sourcing execution and using procurement technology
Experience of undertaking and managing activities and negotiations in a regulated environment
A good knowledge of contracting principles and associated legal frameworks, understanding of spend categories, financial models, regulatory landscape, and impact on commercial agreements. A working knowledge of Master Services Agreements is essential
A solid knowledge of tools and techniques to execute strategic sourcing (e.g., RFI and RFP processes, spend analytics, e-RFQ tools, etc.)
Someone who is adaptable, collaborative and can drive good business outcomes
Someone with a willingness to learn and a drive for continuous improvement
Someone with the ability to use as appropriate their judgement, communication and influencing skills
Excellent oral and written skills
What we offer:
The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
Generous pension contribution
Life assurance
Healthcare Plan (permanent employees only)
At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
Competitive family leave
Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
There are many discounts we offer – both for our own products and at a range of high street stores and online