Sourcing Business Partner
Sourcing Business Partner
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£ 40000 - 50000
1 Vacancy
Job Description
Team Sourcing
Working Pattern - Hybrid 2days per week in the Vitality Bournemouth Office.Full time 35 hours per week.
Top 3 skills needed for this role:
- Supplier negotiation skills
- To be able to build strong relationships with senior stakeholders within a function
- Can understand the bigger picture when managing Risk to the business
What this role is all about:
Key Actions
Sourcing / Category Management
- Build strong relationships with key stakeholders to define category focused sourcing strategies
- Meet sourcing and business objectives in terms of assurance of supply quality service performance cost innovation and regulatory compliance
- Identify and deliver value through spend reduction opportunities supplier consolidation and value adding activities
- Utilise existing knowledge and conduct market research to identify potential suppliers define the preferred sourcing solution and manage any competitive (RFI/RFP) exercises to meet business and commercial requirements
- Negotiate the best deals possible with short-listed suppliers to achieve the best value for Vitality
- Draft and implement robust contracts and service schedules with selected suppliers in order to maximise business value
- Mitigate risk with supplier onboarding and liaise with Legal as required
Supplier Management
- Provide effective management of supplier relationships within Vitalitys defined supplier management framework managing all associated risk and compliance activities driving post contract value and stakeholder management
- Act as an escalation point for issues with suppliers and support the business in the resolution of issues
Contract Management
- Effectively manage a portfolio of contracts via the Contract Lifecycle Management process. Identify efficiency improvements and cost savings whilst enabling the business to maintain required service levels and mitigate risk
What do you need to thrive
- Possess specific knowledge within one or more sourcing categories
- Have a proven track record in a sourcing environment with a history of savings delivery
- Have impressive experience of negotiations with suppliers to deliver value and mitigate contractual risk
- Show a broad understanding of contract drafting service definition performance and commercial structures
- Have a proven record of effective category management demonstrating the implementation of sourcing strategy supplier rationalisation and supplier innovation
- Show a strong understanding of supplier management including analysis to mitigate risk through contingency planning and driving initiatives to seek greater performance
- Be able to communicate influence and network with stakeholders at all levels both internally and externally
- Bonus Schemes A bonus that regularly rewards you for your performance
- A pension of up to 12% We will match your contributions up to 6% of your salary
- Our award-winning Vitality health insurance With its own set of rewards and benefits
- Life Assurance Four times annual salary
These are just some of the many perks that we offer! To view the extensive range of benefits we offer please visit our careers page.Fantastic Benefits. Exciting rewards. Great career opportunities!
- Help you to be the healthiest youve ever been.
- Create an environment that embraces you as you are and enables you to be your best self.
- Give you flexibility on how where and when you work.
- Help you advance your career by playing you to your strengths.
- Give you a voice to help our business grow and make Vitality a great place to be.
- Give you the space to try fail and learn.
- Provide a healthy balance of challenge and support.
- Recognise and reward you with a competitive salary and amazing benefits.
- Be there for you when you need us.
- Provide opportunities for you to be a force for good in society.
We commit to all these things because we want you to feel that you belong and are supported to be happy and healthy.
About You
About Us
Were really excited to announce that we have recently been awarded Top 10 Best Places To Work in The Sunday Times Awards 2024!
Vitality is a multi-award-winning UK insurance brand here to make the world a healthier happier place.
Weve been a purpose and values-driven business from day 1- long before it became fashionable. Our core purpose is to make people healthier and enhance protect their lives. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives they benefit our business benefits and society benefits. Were successful because we attract develop and retain the best people and because we care.
At Vitality were committed to diversity and inclusion because its good for our employees for our business and for society. We welcome applications from individuals of all backgrounds experiences and perspectives.
Vitalitys approach to sustainability
Vitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page. #LI-Hybrid
If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested please submit your application as soon as possible.
Employment Type
Full-Time
