Commercial Supplier Analyst

M247; United Kingdom; On-site; GBP 60,000 - 80,000; Full time

Job description

Job Role

The Commercial Supplier Analyst is responsible for evaluating, managing, and optimising supplier relationships to support M247’s strategic objectives. This role involves analysing supplier performance, ensuring compliance with contractual agreements, negotiating terms, and identifying cost-saving opportunities. The Commercial Supplier Analyst collaborates with internal teams, including finance, and operations, to ensure that M247 receives the best value from its supplier network.

Key Responsibilities

Supplier Relationship Management

·Develop and maintain strong relationships with key suppliers, ensuring alignment with M247’s strategic goals.

·Act as the primary point of contact for supplier-related communications and issue resolution.

·Conduct regular supplier reviews to evaluate performance, compliance, and risk management.

·Maintain supplier scorecards to track key performance indicators (KPIs) and service levels.

Procurement and Contract Negotiation

·Negotiate terms, pricing, and service-level agreements (SLAs) to secure favourable conditions.

·Oversee the procurement of goods and services, including hardware, software, and infrastructure essential for M247’s operations.

·Manage the end-to-end supplier lifecycle, including onboarding, performance monitoring, and renewal or termination of contracts.

Cost Management and Optimisation

·Develop strategies to reduce procurement costs while maintaining quality and service standards.

·Analyse supplier cost structures and market trends to identify opportunities for cost savings.

·Ensure budget adherence and align supplier agreements with financial objectives.

Risk Assessment and Compliance

·Identify and mitigate risks associated with supplier agreements, such as supply chain disruptions or regulatory non-compliance.

·Ensure suppliers adhere to the ISP’s standards, policies, and legal/regulatory requirements.

·Collaborate with internal teams to address compliance concerns and audit readiness.

Collaboration with Internal Teams

·Work closely with the technical, operations, and finance teams to forecast supplier needs and plan procurement activities.

·Provide insights on supplier capabilities to influence product development and service enhancements.

Performance Metrics and Reporting

·Develop and track key performance indicators (KPIs) for supplier performance, cost savings, and contract efficiency.

·Report on supplier-related activities, risks, and outcomes to senior management.

·Research market trends, industry benchmarks, and competitive pricing to enhance procurement decisions.