Junior IT Procurement Analyst

Chain IQ; Greater London; Hybrid; GBP 28,000 - 40,000; Full time

Job summary

Chain IQ is seeking a Junior IT Procurement Analyst in London to support IT sourcing activities. You will work with cross-functional teams on software, hardware, IT services, and cloud spends while developing procurement expertise.

The role emphasizes collaboration, stakeholder engagement, and contract support in a global client-facing environment. You will gain exposure to IT licensing, SaaS agreements, and strategic sourcing, with a pathway to build your career within a dynamic, international

Qualifications

• Degree educated or equivalent professional experience.
• Progress towards CIPS qualification is desirable.
• 2–3 years of experience in procurement, sourcing, purchasing, or category support roles in a fast-paced environment.
• Exposure to IT categories such as software, hardware, telecoms, cloud services, or IT services is desirable.
• Experience supporting sourcing activities, contract administration, supplier management, or negotiations.

Responsibilities

• Support the delivery of IT sourcing projects of low to medium complexity.
• Drive sourcing processes including RFIs and RFPs with guidance from senior colleagues.
• Collaborate with stakeholders to define requirements and sourcing strategies.
• Conduct supplier and market research to identify opportunities and trends.
• Assist in contract and commercial negotiations under supervision.
• Prepare and review commercial documents, SOWs, and supplier proposals.
• Build and maintain strong relationships with stakeholders and suppliers.
• Identify cost-saving opportunities and process improvements for clients.
• Maintain sourcing documents and governance across Chain IQ processes.
• Support larger initiatives when required and contribute to market intelligence.

Skills

Procurement experience

IT procurement

Stakeholder management

Analytical skills

Excel

Education

Bachelor's degree

CIPS progress desirable

Tools

Excel

PowerPoint

Pivot tables

Job description

Title: Junior IT Procurement Analyst

Location: London, GB

Date: Aug 5, 2026

At Chain IQ, your ideas move fast.

Chain IQ is a global AI-driven Procurement Service Partner, headquartered in Baar, Switzerland, with operations across main centers and 16 offices worldwide. We provide tailored, end-to-end procurement solutions that enable transformation, drive scalability, and deliver substantial reductions in our clients' indirect spend. Our culture is built on innovation, entrepreneurship, ownership, and impact. Here, your voice matters - bold thinking is encouraged, and action follows ambition.

Purpose:

The UK Sourcing team consists of procurement professionals supporting Clients across a range of indirect spend categories. The team provides sourcing services throughout the procurement lifecycle, including market research, supplier engagement, tender support, commercial evaluations, negotiations, and contract administration.

TheAssociateConsultant will support sourcing activities across IT-related categories, including software, hardware, IT services, telecommunications, and infrastructure. Working alongside more experienced team members, the successful candidate will contribute to sourcing projects, supplier management activities, and contract negotiations while developing their procurementexpertise.

The role is suited to an individual with 2–3 years of procurement or sourcing experience who is keen to build their knowledge of the IT market and procurement best practices within a client-focused environment.

This is anexcellent opportunity for an early-career procurement professional looking to buildexpertisein IT sourcing, supplier negotiations, software licensing, and strategic sourcing within a global client-facing environment

Key Responsibilities:

• Support the delivery of low to medium complexity IT sourcing projects.
• Knowledge of and ability to drive Sourcing process including the development of requests for, issuance of request, receiving and evaluation of RFI and RFP.
• Work with stakeholders to understand business requirements and support the development of sourcing strategies.
• Conduct supplier&market researchidentifyingsourcing opportunities& trends
• Support contract and commercial negotiations under the guidance of senior team members.
• Assistin the preparation and review of commercial documents, contracts, Statements of Work (SOWs), and supplier proposals.
• Build,maintainpositive working relationships with stakeholders and suppliers.
• Helpidentifyopportunities for cost savings, process improvements, and value creation for Clients.
• Maintain sourcing documentation and ensure sourcing activities follow Chain IQ processes, tools, and governance requirements.
• Support senior colleagues on larger or more complex sourcing initiatives whenrequired.
• Contribute to category knowledge and market intelligence for assigned IT spend areas.

Requirements:

Education & Qualifications

Degree educated or equivalent professional experience.

Progress towards CIPS qualification (or interest in obtaining CIPS) is desirable.

Experience

2–3 years of experience in procurement, sourcing,purchasing, or category support rolesin afast-pacedenvironment.

Exposure to IT-related categories such as software, hardware, telecommunications, cloud services, or IT professional services is desirable.

Experience supporting sourcing activities, contract administration, supplier management, or commercial negotiations.

Familiarity with procurement processes and supplier engagement activities.

Strong organisational skills with the ability to manage multiple tasks and deadlines.

Good analytical and problem-solving abilities, minimum be able to develop pivot tables and spend analytical skills.

Effective communication and stakeholder management skills.

Confident working with cross-functional teams and suppliers.

Basic understanding of contracts and commercial terms.

Willingness to learn about software licensing, SaaS agreements, IT services, and commercial models.

Advancedin Microsoft Office applications, particularly Excel and PowerPoint.

A proactive and collaborative team player with a customer-focused mindset.

Enthusiastic about developing a career in IT procurement and strategicsourcing.

Join a truly global team.

We offer a dynamic and international environment where high performance meets real purpose. We're proud to be Great Place to Work-certified and even prouder of the people who make that possible. Let’s shape the future of procurement - together.

Chain IQ – Create. Lead. Make an impact.