Procurement Business Analyst (TPRM and Supplier Risk)

Next Ventures; London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is looking for a skilled Procurement Business Analyst to join their dynamic team in London. This exciting role focuses on supporting a transformative procurement initiative, involving the redesign of operational models and the implementation of critical systems for supplier risk management. You will collaborate with a dedicated team to drive significant improvements in procurement processes and data management. If you are passionate about making impactful changes and thrive in a collaborative environment, this position offers a unique opportunity to contribute to a vital transformation project.

Qualifications

• Experience in procurement analysis and business analysis is essential.
• Strong understanding of risk management and data analysis required.

Responsibilities

• Analyze and redesign procurement processes and models.
• Implement supplier risk management and contract management systems.

Skills

Procurement Analysis

Business Analysis

Risk Management

Data Analysis

Education

Bachelor's Degree in Business or related field

Tools

Contracts Database

Supplier Risk Management System

Job description

We require a skilled Procurement Business Analyst to work on a TPRM and Supplier Risk Management project. This is an immediate start role to work in North London/Hertfordshire (must be onsite 2 days per week) and outside IR35.

Here are the details:

We are seeking an experienced Business Analyst to join our team to support our Procurement Transformation programme. The programme will be run by a small team of one Project Manager & BAs, supported by SMEs from the business and reporting into the Head of Group Procurement. The programme aims to:

1. Help redesign our Group Procurement Op Model - policy, processes, structure, RACI etc.
2. Design and implement Supplier Risk Management - determine which risks are of concern, identify them in the supply chain and design and implement appropriate controls.
3. Develop Group wide contract management, including implementing a contracts database - linking up with the legal team, who will be procuring a CLM system.
4. Design, develop and implement Group wide procurement data - spend analytics, supplier details.
5. Specify, procure and implement a Supplier Risk Management System, Contracts Database and Source to Pay - likely to be extension of current One.

This role will play a critical part in analysing, designing, and implementing the necessary processes and systems improvements. The Business Analyst will work closely with the project team and stakeholders across the organisation to ensure the successful delivery of procurement transformation initiatives.