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For Companies At a Glance
- Tasks: Lead procurement strategy and supplier relationships for a top IT Services & Telecommunications company.
- Company: Join a leading firm in the IT and telecommunications sector based in London.
- Benefits: Enjoy competitive salary, career growth opportunities, and a dynamic work environment.
- Why this job: Be at the forefront of transformation and make a real impact on procurement processes.
- Qualifications: Strong experience in procurement, especially in IT or telecommunications, is essential.
- Other info: Ideal for candidates with a background in Managed Service Providers and C-Suite reporting.
The predicted salary is between 72000 - 100000 £ per year.
Job Description
GRG Executive Search are exclusively partnering with an IT Services & Telecommunications business at the forefront of their industry based in London, in their search for a Group Head of Procurement.
This role will lead the entirety of the Procurement & Supplier Relationships for the business focusing on transformation and centralisation of processes and policy.
Key Responsibilities:
- Develop and implement a coherent procurement strategy, aligned with the organisation’s goals.
- Oversee the procurement process including sourcing, purchasing, and inventory management.
- Manage procurement documentation and records.
- Drive consolidation of suppliers where appropriate.
- Identify opportunities for cost savings and system, tool, and process improvements.
- Ensure compliance with company policies, industry regulations, and legal requirements.
- Own and deliver annual cost savings targets.
- Conduct regular audits and reviews of procurement activities; Supplier Relationships and Negotiations.
- Manage and develop supplier relationships to ensure that the business is positioned to secure optimum pricing and terms in both the short and long term.
- Negotiate supplier contractual terms for all cost categories.
- Evaluate and monitor vendor performance, ensuring compliance with contractual obligations; establish and drive a regular supplier management service review for top key suppliers.
- Take part in, and where appropriate lead, cross-functional projects to deliver improvements to cost base, supplier terms, and ability to deliver excellent services to customers.
- Ensure accuracy and integrity of cost base.
- Proactive engagement with product team to agree renewal strategy and approach for each.
- Develop, optimise and own the group-wide purchasing process, ensuring appropriate controls are balanced with the requirement to execute quickly and efficiently.
- Communicate procurement policies and procedures across the organisation and conduct regular reports and updates (and exceptions reporting) to Management team.
- Identify process failures systematically, addressing them and eliminating the possibility of recurrence.
- Establish robust due diligence and review procedures to ensure legal and compliance risks within vendor management are appropriately assessed and mitigated.
- Develop performance indicators for procurement and monitor performance against agreed targets to ensure the timely production of reports and statistical information.
- Generate and lead projects to deliver step change improvements to the Group’s cost base and ability to deliver high-quality services to its customers.
The Ideal Candidate:
- Strong Procurement Experience specifically in I.T or Telecommunications.
- Must have experience within a Managed Service Provider.
- Experience Leading Procurement & Supplier Relationship functions.
- Experience reporting back to C-Suite.
- Experience centralising procurement within an organisation that has grown either through acquisition.
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Group Head of Procurement employer: GRG Executive Search
Contact Detail:
GRG Executive Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Head of Procurement
✨Tip Number 1
Make sure to highlight your experience in procurement specifically within the IT or Telecommunications sectors. This is crucial as the role requires strong industry-specific knowledge.
✨Tip Number 2
Demonstrate your ability to lead and manage supplier relationships effectively. Share examples of how you've negotiated contracts and improved vendor performance in previous roles.
✨Tip Number 3
Showcase your experience with centralizing procurement processes, especially in organizations that have grown through acquisitions. This will align well with the company's goals for transformation.
✨Tip Number 4
Prepare to discuss your experience reporting to C-Suite executives. Highlight your communication skills and ability to present complex procurement strategies clearly and effectively.
We think you need these skills to ace Group Head of Procurement
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Group Head of Procurement position. Tailor your application to highlight your relevant experience in procurement and supplier relationships, especially within IT or Telecommunications.
Craft a Compelling CV: Your CV should clearly outline your procurement experience, particularly in managed service environments. Emphasize your leadership roles and any successful projects that demonstrate your ability to centralize procurement processes and achieve cost savings.
Write a Targeted Cover Letter: In your cover letter, address how your background aligns with the key responsibilities listed in the job description. Discuss specific examples of how you've developed procurement strategies, managed supplier relationships, and driven process improvements.
Highlight Relevant Achievements: When detailing your experience, focus on quantifiable achievements such as cost savings, improved supplier terms, or successful audits. Use metrics to showcase your impact in previous roles, which will resonate well with the hiring team.
How to prepare for a job interview at GRG Executive Search
✨Showcase Your Procurement Strategy Skills
Be prepared to discuss your experience in developing and implementing procurement strategies. Highlight specific examples where your strategies aligned with organizational goals and led to measurable improvements.
✨Demonstrate Supplier Relationship Management
Share your approach to managing supplier relationships. Discuss how you've negotiated terms, evaluated vendor performance, and ensured compliance with contractual obligations in previous roles.
✨Highlight Cost Savings Achievements
Prepare to talk about your past successes in identifying cost-saving opportunities. Provide concrete examples of how you have driven consolidation of suppliers or improved processes that resulted in significant savings.
✨Emphasize Cross-Functional Collaboration
Illustrate your experience in leading cross-functional projects. Explain how you engaged with different teams to deliver improvements in procurement processes and enhance service delivery to customers.
