Senior Sourcing Analyst

Entity : Finance

Job Family Group :

Procurement & Supply Chain Management Group

Job Description :

Job Title : Senior Sourcing Analyst

Job Summary :

FBT Procurement S2C is an integral part of how the BP business and functions operate. FBT Procurement S2C support delivery of functional strategies by driving efficiency and effectiveness. The FBT Procurement S2C team is part of the sourcing pillar and drives the way in which bp approaches the market to source third party supply, balancing efficiency and value drivers in line with category strategy.

This is an Individual Contributor role and will support various bp businesses with a range of sourcing, contracting and supplier performance management activities.

Working within a defined global process framework, this role will contribute to an enhanced Service Delivery Model around how bp manage costs through third-party contract agreements, and ensure maximum value is achieved. This role is encouraged to deliver value using the provisions of the Category Management Policy (CMP) and within boundaries of relevant laws and regulations, and approved budgets.

Key Accountabilities :

• Case Management
• Receive, implement and continuously prioritize multiple project requests via the Case Management tool.
• Strategy
• Gather and analyze market intelligence data on a regular basis relative to supported categories and regions, to evaluate market and industry conditions to formulate the Sourcing strategies and decisions.
• Supplier Prequalification and Set-Up
• Perform Suppliers' screening / prequalification and monitor / implement the process status as per the related guidelines.
• Handle the setup of transactional suppliers in P2P systems.
• Sourcing Event Management
• Handle the bidder selection process.
• Build case and liaise with Event Management team for sourcing projects & events (RFI / RFP / Auctions).
• Handle interactions and relationship throughout a sourcing project.
• Coordinate with business customer and Bidders to ensure Technical and Commercial Bid Evaluation performed in accordance with CMP and Regional / NOC requirements.
• Develop and acquire approvals for Award Recommendation document as per Governance Framework in respective regions.
• Contracting and Conduct Negotiation
• Use the appropriate contract template and develop the contract content based on the information contained in the Sourcing Strategy, sourcing event and / or detailed scope of work specifications.
• Negotiate relevant contract terms with suppliers, within the defined parameters of legal and category guidance.
• Conduct commercial benchmark analysis, develop negotiation plan and parameters, conduction negotiation for optimized commercial terms and conditions.
• Raise any contract term exceptions per the deviation process and handle the approval process.
• Draft and compile contract for execution, operationalize contract in system.
• Award Contract Management
• Ensure Contract is fit for purpose, valid and updated in the systems at all times. This will include the extension, amendment and close-out of Contracts based on request from Business.
• Resolve any dispute in invoice payments by proactively engaging with Suppliers and Accounts Payable team to ensure timely payment with complete compliance.
• Ensure Price-books are up-to date by adding / removing items based on agreements made with Business and Suppliers.

Essential Education : Bachelor's degree.

Essential experience and skills : More than 5 years of experience

Desirable Criteria

Travel Requirement

No travel is expected with this role

Relocation Assistance :

This role is eligible for relocation within country

Remote Type :

This position is a hybrid of office / remote working

Skills :

Agreements and negotiations, Analytical Thinking, Building sustainability, Category spend profiling, Category Strategy, Commercial Acumen, Communication, Cost modelling, Decision Making, Digital Fluency, Market Analysis, Negotiation planning and preparation, Sourcing strategy, Stakeholder Management, Supplier Selection, Sustainability awareness and action, Value creation and management

Legal Disclaimer :

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity / neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment / accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment / accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

Skills Required

Sourcing Strategy, Supplier Selection, Market Analysis, Stakeholder Management, Communication, Analytical Thinking, Decision Making