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Open nowPosted 90 days ago

Senior Procurement Manager - Technology

The Economist Group50 open roles

Where
London - Commercial
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Your applicationOpen nowSenior Procurement Manager - TechnologyThe Economist Group · London - Commercial
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The clock on this job

Early applications get read.

13.9% of postings close within 7 days. Measured by our own scanner across the market. The Economist Group postings stay open a median of 22 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.7%3 days
  3. 13.9%7 days
  4. 22.4%14 days
  5. 38.1%30 days
  6. 59.0%60 days
This job: posted 90 days ago

The Economist Group median: 22 days open

The posting

Who we are

Since 1843, The Economist Group has championed independence, excellence and openness, helping people understand and tackle the critical challenges shaping the world. Today, we are building on that legacy as a global media and information-services company powered by digital innovation, analytical rigour and evidence-based insight.

Across our three businesses -The Economist, Economist Enterprise and Economist Education - we deliver trusted analysis and insights to individuals and organisations in more than 170 countries. United by a shared purpose to drive progress, we empower decision-makers to make sense of change and chart a course through an increasingly complex world.

As a colleague, you will be part of a culture that values ideas, encourages ownership and holds itself to high standards. We invest in people who are curious, thoughtful and adaptable, whether they are launching new products, reporting on global events or harnessing emerging technologies such as AI to improve how we work. Here, fresh thinking is taken seriously, ambition is matched by integrity, and great work is recognised. Working across disciplines, geographies and perspectives, we are united by a commitment to innovation, excellence and creating meaningful impact.

Want to discover more about life at The Economist Group? Follow @EconomistCareers on Instagram to discover the people, stories and opportunities that make TEG unique.

We are looking for an experienced Senior Procurement Manager to take a leading role in the management of our technology spend and supplier landscape. With responsibility for supporting approximately £13 million of technology spend, this is a senior and influential role requiring deep technology procurement expertise, strong commercial judgement and the confidence to work closely with senior stakeholders across the business. We are looking for someone who understands technology procurement beyond the sourcing process: someone who can build a detailed understanding of our technology portfolio and roadmap, anticipate future requirements and help shape commercial decisions before they are made.

The role

As Senior Procurement Manager, you will be a trusted partner to our Technology teams, helping us get the greatest possible value from our suppliers and investments. You will build strong relationships across the organisation, developing a clear understanding of our technology strategy, existing vendor landscape and supplier lifecycles. You will use that knowledge to identify opportunities, anticipate upcoming requirements and influence decisions through commercial insight and market expertise. You will also take ownership of strategic sourcing and vendor management across your categories, from identifying requirements and going to market through to negotiation, contracting and ongoing supplier relationship management.

How you will contribute

  • Develop and implement technology sourcing and category strategies in partnership with internal stakeholders, creating robust plans aligned with The Economist Group’s priorities and ambitions.
  • Lead complex and high-value sourcing activity, ensuring we secure high-quality products and services on commercially competitive terms.
  • Develop a deep understanding of our technology portfolio, roadmap and vendor landscape, allowing Procurement to anticipate requirements rather than simply respond to them.
  • Build trusted relationships with Technology and other stakeholders, using your expertise to influence decisions and challenge constructively where appropriate.
  • Take a proactive approach to existing vendors, contracts and supplier lifecycles, identifying opportunities and risks well ahead of renewal or sourcing decisions.
  • Lead strategic vendor and supplier relationship management following contract award, working with stakeholders to maximise value and supplier performance.
  • Identify and deliver sustainable commercial savings while considering the wider value, quality and risk associated with our strategic supply base.
  • Provide practical procurement guidance for lower-value delegated purchasing, helping colleagues make informed commercial decisions.
  • Work closely with colleagues in Finance, Legal and other functions to improve shared processes and create greater cross-functional efficiency.
  • Contribute to initiatives designed to strengthen and develop the Procurement function and its capabilities.

The experience we are looking for

You will be an established procurement professional with a strong specialism in technology procurement and experience working across the full procurement lifecycle.

You will bring:

  • At least five years’ experience across procurement, technology sourcing and vendor management.
  • Proven experience leading sourcing activity on a global scale, with a track record of delivering meaningful commercial benefits.
  • Strong knowledge of technology categories, markets and vendors, with the ability to turn that knowledge into practical commercial recommendations.
  • Excellent commercial judgement and strong negotiation skills.
  • Significant supplier and contract management experience, including building productive and trusted vendor relationships while proactively managing commercial and operational risk.
  • Confidence working across the full procurement lifecycle, from category planning and sourcing through to contracting and ongoing supplier management.
  • Strong stakeholder management and influencing skills, including the confidence to challenge established thinking and influence technology decisions.
  • The ability to make complex commercial issues clear and accessible to different audiences.
  • A strong understanding of commercial and contracting models and the different levers available to maximise value.
  • A proactive and pragmatic approach, with the ability to manage competing priorities and deadlines while working effectively as part of a wider team.

Experience within a commercial or private-sector environment is essential for this role. We are looking for someone comfortable operating in an environment where sound judgement, flexibility and pace matter, rather than relying on highly prescribed procurement processes.

What will make you successful

You will be someone who wants to understand the technology you are procuring, the problems it solves and where the organisation is heading next. You will be comfortable moving between strategic conversations with senior stakeholders and detailed negotiations with suppliers. You will know when to challenge, when to listen and how to bring commercial discipline to decisions without creating unnecessary complexity. Above all, you will see Procurement as a business partner: a function that can influence decisions, manage risk and create value well beyond the point of purchase.

#LI-Hybrid

Working Arrangements

The majority of our roles operate on a hybrid working pattern, with 3+ days office attendance required.

AI usage for your application

We are an innovative organisation that encourages the use of technology. We recognise that candidates may utilise AI tools to support with their job application process. However, it is essential that all information you provide truthfully and accurately reflects your own experience, skills, and qualifications.

What we offer

Our benefits package is designed to support your wellbeing, growth, and work-life balance. It includes a highly competitive pension or 401(k) plan, private health insurance, and 24/7 access to counselling and wellbeing resources through our Employee Assistance Program.

We also offer a range of lifestyle benefits, including our Work From Anywhere program, which allows you to work from any location where you have the legal right to do so for up to 25 days per year. In addition, we provide generous annual and parental leave, as well as dedicated days off for volunteering and even for moving home.

You will also be given free access to all The Economist content, including an online subscription, our range of apps, podcasts and more.

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