This position plays a pivotal role in overseeing procurement activities across assigned categories, with specialisation in a dedicated category. The role is central to ensuring cost-effective procurement process, maintaining supplier database, and promoting efficiencies through Oracle NetSuite and other procurement technologies.
As the key link between the Finance team and various stakeholders, Procurement Business Partner performs as a procurement Subject Matter Expert (SME) within their dedicated categories.
Key Responsibilities
Category Management:
- Lead the development and implementation of procurement strategies for the assigned category.
- Actively participate in negotiations for new contracts and renewals, ensuring the best quality/price balance.
- Manage supplier performance and relationships for the category, ensuring alignment with organisational goals and objectives.
- Analyse market trends, assess risks, and identify opportunities for cost savings and process improvements.
Due Diligence:
- Conduct thorough due diligence processes for suppliers within the dedicated category to ensure financial stability, reputability, and adherence to regulatory, organizational, and ESG standards.
- Monitor the supplier’s data on an ongoing basis, addressing any concerns or discrepancies promptly to maintain a resilient and ethical supply chain.
Stakeholder Management:
- Collaborate closely with internal stakeholders, understanding their needs and ensuring procurement activities align with their objectives.
- Educate and influence stakeholders on best practices and standards related to procurement.
Procurement Systems Expertise & Integration:
- Serve as the primary expert and liaison for all procurement-related systems, including Oracle NetSuite and other utilized procurement software platforms.
- Facilitate continuous training and development for the procurement team and relevant stakeholders in utilizing and maximizing the benefits of these systems.
- Monitor the effectiveness of current systems and processes, recommending improvements as necessary.
Reporting & Analytics:
- Generate regular reports on category spend, supplier performance, and procurement metrics using relevant software.
- Provide insights and recommendations based on data-driven analysis.
Compliance & Governance:
- Ensure adherence to organisational procurement policies, procedures, and compliance requirements.
- Drive continuous improvement initiatives to enhance procurement processes and standards.
Key Working Relationships:
- Marketing Team and Product Owners
- Legal
- Finance
Person Specification, Skills, Experience & Qualifications:
- Deep understanding of procurement strategies and practices, especially in the marketing and licensing category (gaming industry would be an advantage).
- Proficiency in contract negotiation, ensuring optimal balance of quality and cost.
- Experience in managing contract renewals and establishing favourable terms.
- Thorough understanding of due diligence processes for potential suppliers.
- Knowledge of organisational and ESG standards in procurement.
- Ability to work effectively with various internal stakeholders, understanding and integrating their needs into procurement activities.
- Skills in educating and influencing stakeholders on procurement best practices.
- Expertise in ERP and procurement-related systems such as Oracle NetSuite, Coupa, Ivalua.
- Ability to drive continuous improvement in procurement processes and standards.
- Solid communication and interpersonal skills, accompanied by problem-solving and decision-making capabilities.
- Flexibility to adapt to changing market conditions and procurement trends.
- Commitment to continuous learning and staying updated with the latest in procurement and relevant industry sectors.