At a Glance
- Tasks: Lead strategic procurement initiatives and develop sourcing strategies for key spend categories.
- Company: Join a dynamic finance team focused on operational excellence and strategic objectives.
- Benefits: Enjoy potential remote work options and a collaborative, high-performance culture.
- Why this job: Make a real impact by driving value and innovation in procurement while working with diverse teams.
- Qualifications: 5+ years in procurement with expertise in category management and strong analytical skills required.
- Other info: This is an initial 3-month FTC with the possibility of extension.
The predicted salary is between 43200 - 72000 £ per year.
We are seeking an experienced Category Manager to join our Procurement team within the Finance Department on an initial 3 month FTC (with the possibility to extend). This role is integral to ensuring the firm acquires the right goods and services at the best value, supporting our strategic objectives while maintaining operational excellence.
As a Category Manager, you will lead and drive strategic procurement initiatives across key spend categories, shaping best practices and delivering commercial value across the organisation. This role requires someone who thrives in an autonomous environment, bringing deep expertise, commercial acumen, and a forward-thinking approach to procurement. You will be part of a team fostering a high-performance culture and ensuring procurement strategies align with the firm’s overarching business priorities.
KEY RESPONSIBILITIES
- Category Strategy Development:
- Develop and execute category specific sourcing strategies that align to departmental business objectives and overall business goals.
- Perform spend analysis to identify areas of spend optimisation and return on investment.
- Monitor, collate and analyse supplier performance data, to assess value for money and supplier improvement opportunities.
- Monitor market trends and benchmarks to ensure competitiveness and market leading innovation.
- Lead end to end category sourcing activity.
- Build a fit for purpose supply chain to deliver departmental objectives.
- Support, and in some cases lead, all relevant negotiations.
- Ensure application of robust supplier approval.
- Draft, review, and agree all relevant third-party contracts.
- Lead supplier performance reviews and development improvement initiatives.
- Identify and build plans to mitigate risk in the short-, medium- and long-term horizon.
- Lead on segmenting suppliers and develop long term relationships and supply plans executed through cross-functional teams.
- Collaborate in cross-functional teams such as finance, operations, and legal to align procurement goals.
- Provide procurement partnering support services within dedicated category department, and other categories when required.
- Manage and resolve supply chain performance related issues with the relevant department.
- Ensure compliance to internal policies, ethical standards, and regulatory requirements.
- Use and build analytical dashboards to identify trends, risks, and opportunities within procurement.
- Provide regular reports on category performance, spend management, and procurement partner metrics.
- Develop dashboards and tools to enhance visibility of spend and performance.
CANDIDATE PROFILE
- Results driven mindset focused on delivering measurable value to the firm.
- Deep knowledge of market dynamics and supplier ecosystems across varying managed categories.
- Ability to foster innovation and challenge the status quo in procurement process.
- Commitment to ethical and sustainable procurement practices, with an aptitude for continuous improvement.
Experience:
- Minimum 5 years of experience in procurement, with expertise in category management.
- Proven history in cost management, profit protection, value creation, supplier commercial negotiation, and supplier management.
Technical and Analytical Skills:
- Strong understanding of procurement processes, supplier management, and category-specific trends.
- Proficiency in procurement systems and tools.
- Excellent knowledge in contract law and drafting agreements.
- Advanced data analytics and knowledge of BI and Excel.
Soft Skills:
- Exceptional communication and negotiation skills.
- Strong project management and organisational skills, with the ability to manage multiple priorities.
- Collaborative and able to influence stakeholders across all levels of management in the firm.
Education:
- Degree in supply chain, business administration or a related field.
- CIPS highly desirable.
You will also be expected to display the attributes set out under the firm’s Key Behaviours for Business Services staff for this level of role.
Contact Detail:
Slaughter and May Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Category Manager (Procurement)
✨Tip Number 1
Network with professionals in the procurement field, especially those who have experience as Category Managers. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and best practices.
✨Tip Number 2
Familiarise yourself with the specific procurement tools and systems that are commonly used in the industry. Being well-versed in these technologies can give you an edge during interviews and demonstrate your readiness for the role.
✨Tip Number 3
Prepare to discuss your previous experiences in detail, particularly focusing on how you've successfully managed supplier relationships and driven cost savings. Use specific examples to illustrate your impact and results.
✨Tip Number 4
Stay updated on market dynamics and trends relevant to the categories you'll be managing. This knowledge will not only help you in interviews but also show your commitment to continuous improvement and innovation in procurement.
We think you need these skills to ace Category Manager (Procurement)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and category management. Use specific examples that demonstrate your ability to deliver measurable value, manage supplier relationships, and lead strategic sourcing initiatives.
Craft a Compelling Cover Letter: In your cover letter, express your passion for procurement and how your skills align with the role's requirements. Mention your results-driven mindset and commitment to ethical practices, and provide examples of how you've fostered innovation in previous roles.
Highlight Technical Skills: Emphasise your proficiency in procurement systems, data analytics, and contract law. Mention any specific tools or software you are familiar with, as well as your ability to create analytical dashboards that identify trends and opportunities.
Showcase Soft Skills: Demonstrate your exceptional communication and negotiation skills in your application. Provide examples of how you've successfully influenced stakeholders and managed multiple priorities in a collaborative environment.
How to prepare for a job interview at Slaughter and May
✨Showcase Your Procurement Expertise
Make sure to highlight your experience in procurement and category management. Be prepared to discuss specific examples of how you've developed sourcing strategies, managed supplier relationships, and delivered measurable value in previous roles.
✨Demonstrate Analytical Skills
Since data analytics is crucial for this role, come equipped with examples of how you've used analytical tools to identify trends and optimise spend. Discuss any dashboards or reports you've created that have influenced procurement decisions.
✨Prepare for Negotiation Scenarios
Expect to be asked about your negotiation tactics. Prepare to share successful negotiation experiences, focusing on how you achieved cost savings or improved supplier terms while maintaining strong relationships.
✨Emphasise Collaboration and Stakeholder Management
This role requires working closely with various departments. Be ready to discuss how you've collaborated with cross-functional teams in the past, and how you’ve influenced stakeholders to align with procurement goals.