Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

Tailor your resume to this Strategic Supplier Value Lead role.

Rezi rewrites your resume against M&G plc's job description. Free.

Resume score gauge reading 58 out of 100

Don't guess if your resume is good enough.

See how it scores against the Strategic Supplier Value Lead posting at M&G plc — free, in seconds.

About the Role

The Strategic Supplier Value Lead will unlock value from M&G’s most strategic and cross-business unit suppliers, going beyond contractual obligations. This role convenes business unit leadership and supplier executives to foster innovation, joint savings, co-investment, and access to the supplier's network and expertise. Opportunities are originated and shaped by this role and then handed to procurement teams for negotiation and contracting, with success measured by the net value delivered to the group.

Responsibilities

Maintain a portfolio of approximately ten strategic suppliers, including seven anchor suppliers and three rotating slots.
Apply agreed eligibility criteria and prioritization scoring for supplier selection.
Lead the annual portfolio review and present recommendations for group executive approval.
Build and maintain a forward value agenda for each portfolio supplier.
Convene business unit leadership and supplier executives around the value agenda.
Present a unified group view of each supplier, sharing value found in one business unit across all.
Understand each supplier’s strategy, investment roadmap, capabilities, and client base.
Identify and shape opportunities for innovation, joint savings, co-investment, and capability utilization.
Build business cases for opportunities, including net value, costs, dependencies, and risks.
Evaluate supplier proposals for net group value and maintain the group's commercial position.
Hand qualified opportunities to procurement teams for negotiation and contract.
Align with relevant category leads before supplier executive conversations with commercial implications.
Share supplier intelligence and executive insight with category teams to strengthen negotiation strategies.
Operate the agreed joint attribution model with category heads for value crediting.
Maintain an informed view of supplier delivery through business commercial teams.
Redirect delivery, performance, and contract issues to the accountable vendor management team.
Track and report value delivered, including savings, cost avoidance, co-investment, and innovation.
Agree baselines and value methodology with Finance for reporting.
Report progress against supplier value agendas to leadership and stakeholders.
Use group spend data, dashboards, and AI tools to build an enterprise view of suppliers.
Question data accuracy and collaborate with procurement colleagues to maintain data integrity.

Requirements

Substantial experience in a senior commercial, strategic sourcing, strategic partnerships, or consulting role.
Track record of originating value that was subsequently realized.
Credibility with chief executives and senior leaders.
Evidence of convening senior stakeholders across organizational boundaries without formal authority.
Commercial judgment strong enough that negotiators trust the postholder’s insight.
Understanding of supplier economics and commercial models.
Experience in building business cases, including net value, total cost of ownership, and budget impact.
Comfortable with value being credited jointly and succeeding through others.
Confident using spend data and management information to form an enterprise view of a supplier relationship.
Able to work from the London office for the majority of the working week.

Skills

Strategic sourcing
Strategic partnerships
Consulting
Commercial judgement
Business case development
Spend data analysis
Management information analysis
Power BI or similar analytical tools (desirable)

Location

London

Work Type

Office-based (majority of the week)
Flexible working arrangements considered

Experience Level

Senior

Education Level

CIPS or an equivalent professional qualification (desirable)

Benefits

Pension scheme of up to 18% (13% employer, 5% employee)
Share Save and Share Incentive Plan
Financial wellbeing and support services
38 days annual leave (including bank holidays)
Opportunity to purchase up to five extra days of annual leave
Time Off When You Need It policy
Inspiring Families policy (comprehensive support and paid parental leave for maternity, adoption, surrogacy, and paternity)
Private Healthcare
Critical Illness cover
Life Assurance
Additional family options for Health & Protection cover

About the Company

M&G has a heritage dating back more than 175 years with a long history of innovation in savings and investments.
The company combines asset management and insurance expertise to offer a wide range of solutions.
M&G's two operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
The company culture is built on telling it like it is, owning it now, and moving it forward together with care and integrity.
M&G is committed to creating an exceptional place to work for exceptional talent.

Equal Opportunity

M&G strives to have a diverse workforce and an inclusive culture, underpinned by policies and employee-led networks.
Applications are welcomed from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme.
M&G welcomes applications from candidates with disabilities and long-term health conditions.
M&G is committed to providing an inclusive recruitment process.
Candidates have the opportunity to request reasonable adjustments when applying.
Support is available at any stage by contacting careers@mandg.com.