Junior Procurement Sourcing Specialist

Farfetch is a leading global marketplace for the luxury fashion industry, connecting customers in over 190 countries with items from more than 50 countries and over 1,400 of the world’s best brands and charming boutiques from around the world. Farfetch opens a world of luxury for endless expressions of style, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a global marketplace. 

ROLE OVERVIEW

WHAT YOU WILL DO

• RFx Management Support: Lead the preparation, distribution, and coordination of Requests for Proposal (RFP) for non-critical supply chain categories, with the support of your manager.

• Commercial & Bid Analysis: Build comparative bid models (clean sheets) to analyze supplier pricing structures, evaluate proposals side-by-side, and identify hidden cost drivers.

• Supplier Market Intelligence: Conduct proactive market research and benchmarking studies to stay ahead of industry trends, capacity constraints, fuel surcharges, and macroeconomic shifts impacting supply chain categories.

• Negotiation Preparation: Assist Category Managers in preparing negotiation strategies by compiling historical spend data, performance metrics, and market price baselines.

• Contracting Support: Coordinate with legal and compliance teams to assist in the drafting, reviewing, and execution of supplier agreements, Non-Disclosure Agreements (NDAs), and Master Service Agreements (MSAs).

• Supplier Onboarding & Qualification: Shepherd newly sourced vendors through the internal onboarding, risk assessment, and compliance approval processes.

• Internal Stakeholder Management: Engage with key internal clients within the Supply Chain area, build strong relationship and support their business and procurement needs
• Finance Integration: Work with Financial Planning & Analysis to support budget processes (including savings execution) and with Accounts Payable to support correct invoice processing

WHO YOU ARE