At a Glance
- Tasks: Lead category strategies for professional services and manage supplier relationships.
- Company: Join a dynamic team focused on optimising procurement activities globally.
- Benefits: Enjoy hybrid work options and opportunities for professional development.
- Why this job: Make an impact in a role that combines strategy, negotiation, and collaboration.
- Qualifications: Extensive experience in procurement and contract management required.
- Other info: Ideal for those looking to grow in a fast-paced environment.
The predicted salary is between 43200 - 72000 £ per year.
The role will be responsible for developing and executing category strategies for professional services, including consulting, legal, financial, and other related services. The Category Manager – Professional Services will also work on master agreements with our suppliers to ensure streamlined procurement activities globally.
Skills / experience
- Extensive experience in professional services procurement.
- Experience / Knowledge of category, supplier, and contract management (specifically contracts over £1m).
- Experience of marking up statements of work, and the ability to translate and communicate the effect of contractual language to stakeholders.
- Experience of procuring and negotiating contracts.
- Experience running end-to-end RFPs for senior stakeholders.
- Experience of implementing procurement policy, procedures, and governance.
- Experience operating at both a tactical and strategic level with a track record of success in delivering financial savings.
Role
- Strategy and Planning
- Develop and implement category strategies to optimise cost, quality, and service levels for professional services.
- Conduct market analysis and benchmarking to identify trends, opportunities, and best practices.
- Lead the sourcing process, including RFPs, RFQs, and contract negotiations.
- Manage supplier relationships, including performance management, risk assessment, and continuous improvement initiatives.
- Collaborate with internal stakeholders to understand business needs and ensure alignment with category strategies.
- Monitor and report on category performance, including savings, compliance, and supplier performance metrics.
- Stay informed about industry trends, market conditions, and regulatory changes that may impact the category.
- Comply with all Group Procurement policies and procedures in conjunction with department leads and department-specific requirements.
- Direct and manage sourcing strategies from beginning to end.
- Define purchasing recommendations that support business goals, in collaboration with management and stakeholders.
- Negotiate pricing and terms and conditions of contracts with contractors and/or service providers.
- Monitor service provider, outsourcer, and/or contractor performance to ensure quality of service.
- Provide periodic oversight and execution of vendor requalification.
- Establish and maintain regular written and in-person communications with the organisation’s executives, department heads, and end users regarding pertinent sourcing activities.
- Effectively communicate procurement strategies to team members and stakeholders in a timely and clear way.
- Manage escalated issues between the service provider and the company and coordinate key mitigation actions.
Desirable:
- Working knowledge of the Category Management process.
- MCIPs qualified or willing to work towards a CIPS qualification.
- Experience working in an environment where customer needs are variable.
- Experience working under category management-based approaches.
- Experience implementing best practice contract and supplier management.
- Proficient using PowerPoint and Excel.
- Experience of presenting to senior stakeholders.
- Using self-directed work to draw insights in support of influencing senior stakeholders.
Excellent role, team and company, apply now!!!
Category Manager - Professional Services employer: Initialize
Contact Detail:
Initialize Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Category Manager - Professional Services
✨Tip Number 1
Familiarise yourself with the latest trends in professional services procurement. Understanding current market conditions and best practices will not only enhance your knowledge but also demonstrate your commitment to staying ahead in the field during interviews.
✨Tip Number 2
Network with professionals in the procurement and category management space. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Prepare to discuss specific examples of your experience with RFPs and contract negotiations. Being able to articulate your past successes and how they relate to the role will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to collaborate with stakeholders by preparing anecdotes that highlight your communication skills. This is crucial for a Category Manager, as you'll need to align various interests and ensure everyone is on the same page.
We think you need these skills to ace Category Manager - Professional Services
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in professional services procurement. Focus on specific achievements related to category, supplier, and contract management, especially those involving contracts over £1m.
Craft a Compelling Cover Letter: In your cover letter, emphasise your ability to develop and implement category strategies. Mention your experience with RFPs and your skills in negotiating contracts, as these are crucial for the role.
Showcase Relevant Skills: Clearly outline your experience in managing supplier relationships and performance management. Use examples that demonstrate your success in delivering financial savings and aligning procurement strategies with business goals.
Prepare for Interviews: Be ready to discuss your approach to market analysis and benchmarking. Prepare to explain how you communicate procurement strategies to stakeholders and manage escalated issues effectively.
How to prepare for a job interview at Initialize
✨Showcase Your Procurement Expertise
Make sure to highlight your extensive experience in professional services procurement. Be prepared to discuss specific examples of contracts you've managed, especially those over £1m, and how you successfully navigated the complexities involved.
✨Demonstrate Strategic Thinking
The role requires a strategic mindset, so be ready to talk about how you've developed and implemented category strategies in the past. Discuss any market analysis or benchmarking you've conducted to identify trends and opportunities.
✨Communicate Clearly with Stakeholders
Since you'll be working closely with various stakeholders, practice explaining complex contractual language in simple terms. Prepare to share examples of how you've effectively communicated procurement strategies and managed relationships with suppliers.
✨Prepare for RFP Discussions
As the role involves leading the sourcing process, brush up on your experience with end-to-end RFPs. Be ready to discuss your approach to negotiating contracts and how you've ensured compliance with procurement policies in previous roles.