Procurement Specialist 3P

Job Description

To maintain a detailed understanding of supply and demand dynamics to be able to allow effective understanding of the spend category. The collation and analysis of supplier data and to use this to identify and manage risks and opportunities for business advantage To deliver related procurement projects to realise planned savings, maintain quality and continuity of supply and minimise business risk; reporting procurement outcomes as required / where appropriate. As appropriate, to work closely with the procurement Hubs / Sectors to support and enable regional delivery of globally defined category strategies. To undertake procurement / sourcing activity in a compliant manner in accordance with corporate policies and processes, defined governance, and delegations of authority. Key Accountabilities: Contribute to development of the 3P strategy, plans and priorities Course correct the categorys evolving position based on the risk and opportunity using the procurement chessboard Subject matter expert in sourcing, make vs buy for the 3P category and maintaining key stakeholder connectivity Track the market, developing an improvement plan to build more value from supply base interactions Define and meet performance measures for the category, reflecting business requirements and market opportunities Track levels of risk and provide management information on risk assessments and feedback to the Regional 3P Procurement Manager via agreed risk reporting mechanism Lead the full sourcing process to ensure delivery of business plans and category strategies in collaboration with business customers Generate the supplier portfolio, select suppliers, and lead the supplier negotiation. Integrate suppliers through the implementation of new contracts, ensuring efficient change management Maintain an outward focus on the supply base with pro-active, investigative supply market tracking and receptiveness to innovation and change instigated by suppliers Support and drive ODI activities to promote supply and specification developments in line with business needs and supplier capabilities Ensure full compliance with all category, regulatory and BP corporate social, environmental and financial risk and HSSE Support provision of timely supply market knowledge to the business, relaying current and future impactful events and their potential consequences Support supplier management, including ongoing contract management and control, collation of performance data (through supervising supplier performance data collection and analysis), and plan and complete supplier meetings Identify, select, and handle key suppliers for continuous improvement through rigorous cost and value analysis Summary Decision Rights: 3P contracts- toll manufacturing Purchased FG Cash/inventory management for all 3P Education: Degree Qualified Related technical knowledge pertaining to the sourcing role (for some roles this may be desirable but not essential). CIPS or equivalent (desirable but not essential).