At a Glance
- Tasks: Support the Race Logistics Category Manager with procurement tasks and supplier relationships.
- Company: Join a dynamic team at Formula 1, where innovation meets high-speed excitement.
- Benefits: Enjoy a fixed-term contract with opportunities for growth and development in a thrilling environment.
- Why this job: Be part of a fast-paced industry, making impactful decisions while collaborating with diverse teams.
- Qualifications: Prior experience in procurement and strong Excel skills are essential for this role.
- Other info: This position is based at our Biggin Hill Campus and offers a unique insight into the F1 world.
The predicted salary is between 28800 - 43200 £ per year.
Job requisition id JR100680F1 is looking for a Junior Category Manager to support the Race Logistics Category Manager in dealing with the transactional/administrative aspects within their category. This role is a Fixed Term Contract (FTC) for 14 months based in our Biggin Hill Campus.
This position would suit an individual who has some prior experience of working in a Procurement team at a Junior Category Manager level.
Main Responsibilities and Duties:- Work closely with the Race Logistics Category Manager in identifying opportunities for the short & medium term through the provision of insight via business feedback, analysis of procurement spend, and supplier research.
- Take ownership of transactional category relationships with the business and suppliers involved in categories such as aerial filming, crane & plant, circuit and compound setup, mechanical design, and Freight/Cargo.
- Collaborate with the business to enhance their buying experience, considering any identifiable sustainability concerns, and addressing wastage within the business or procurement process for your category of expenditure and wider procurement spend.
- Support the Race Logistics Category Manager in conducting end-to-end Procurement Cycle activities including supplier research, issue of tender documentation, and facilitation of supplier clarifications.
- Negotiate with suppliers to ensure best value for the Formula One Group with robust terms & conditions that manage the Group's risk appropriately and are in alignment with business needs.
- Manage the relationship with internal and external stakeholders through regular and close working relations to provide a valuable commercial service whilst upholding the businesses procurement policy.
- Administer key procurement processes as well as ensuring compliance of both procurement and wider business processes and procedures.
- Provide guidance to business where specifications are required and ensure the final product is clear, unambiguous, and meaningful to the marketplace.
- Support the Category Manager where requested, and own the verification process of all Purchase Order Requisitions (POR) within your sub-categories and ensure that the businesses are compliant in their requests.
- Provide administrative support to cover Procurement Administrator if absent or on annual leave.
- Ability to understand key contractual terms and to challenge suppliers where necessary to meet business objectives.
- An understanding of Category management and its role within Procurement and the wider business.
- Excellent communication with strong written and presentation skills.
- Intermediate/Advanced Excel skills to create pivot tables & other data analysis insights to support the Race Logistics Category Manager in providing strategic direction.
- Ability to influence and drive behavioral change both internally and with the supply chain.
- Excellent interpersonal and stakeholder management skills.
Formula 1 operations cover a huge range of disciplines across a wide array of industry sectors, drawing the very best from our teams of technicians, engineers, and media rights specialists, and encouraging the creativity of experts in the fields of digital and traditional media, marketing, and communications.
Junior Category Manager employer: Formula 1
Contact Detail:
Formula 1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Category Manager
✨Tip Number 1
Familiarise yourself with the specific categories mentioned in the job description, such as aerial filming and freight/cargo. Understanding these areas will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your negotiation skills, as this role involves negotiating with suppliers. Consider role-playing scenarios with a friend or mentor to practice articulating your points clearly and confidently.
✨Tip Number 3
Network with professionals in procurement and category management, especially those who have experience in the motorsport industry. Attend relevant events or join online forums to gain insights and potentially get referrals.
✨Tip Number 4
Prepare to discuss how you can enhance the buying experience for stakeholders. Think of examples from your past experiences where you've improved processes or addressed sustainability concerns, as these are key aspects of the role.
We think you need these skills to ace Junior Category Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and category management. Emphasise any previous roles where you supported senior managers or worked on supplier relationships.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities of the Junior Category Manager role. Mention your understanding of procurement processes and how your skills can contribute to enhancing the buying experience.
Showcase Your Skills: In your application, highlight your Excel skills and any experience with data analysis. Provide examples of how you've used these skills to support decision-making in previous roles.
Demonstrate Communication Abilities: Since excellent communication is key for this role, include examples of how you've effectively communicated with stakeholders in past positions. This could be through presentations, reports, or negotiations.
How to prepare for a job interview at Formula 1
✨Research the Company and Role
Before your interview, make sure to thoroughly research the company and the specific role of Junior Category Manager. Understand their values, recent projects, and how this position fits into their overall strategy. This will help you tailor your answers and show genuine interest.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle real-life situations. Prepare examples from your past experiences where you successfully managed supplier relationships or improved procurement processes. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Analytical Skills
Given the emphasis on data analysis in this role, be ready to discuss your experience with Excel and any analytical tools. Highlight specific instances where your data insights led to better decision-making or cost savings. This will demonstrate your capability to support the Race Logistics Category Manager effectively.
✨Demonstrate Strong Communication Skills
As a Junior Category Manager, you'll need to communicate effectively with various stakeholders. Practice articulating your thoughts clearly and confidently. Be prepared to discuss how you've successfully collaborated with teams in the past and how you can enhance the buying experience for the business.