At a Glance
- Tasks: Lead procurement strategies and drive sourcing decisions for indirect spend.
- Company: Join Lloyd’s, a prestigious institution in London with a strong reputation.
- Benefits: Competitive salary, opportunities for professional growth, and a dynamic work environment.
- Other info: Collaborate with stakeholders and promote sustainability in procurement.
- Why this job: Shape category strategies and make a real impact on procurement processes.
- Qualifications: Experience in procurement management and strong negotiation skills.
The predicted salary is between 60000 - 80000 £ per year.
Lloyd’s in London is seeking a Procurement Manager to lead indirect spend and shape category strategies while delivering commercial value across the marketplace.
You’ll support the Chief Procurement Officer and collaborate with stakeholders to drive sourcing decisions, supplier relationships and contract negotiations.
You’ll embed sustainability, risk governance and continuous improvements in procurement processes while building a focused, trusted function.
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Procurement Strategy Lead – Indirect Spend & Categories in London employer: CO1001 Corporation of Lloyd’s
At CO1001 Corporation of Lloyd’s, we pride ourselves on being an exceptional employer that fosters a culture of collaboration and continuous improvement. Our hybrid working model allows for flexibility, while our comprehensive benefits package, including healthcare and generous pension contributions, ensures that our employees feel valued and supported in their professional growth. Join us to be part of a dynamic team dedicated to enhancing the insurance market oversight in a rewarding and meaningful way.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Strategy Lead – Indirect Spend & Categories in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like CO1001 Corporation of Lloyd’s.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Strategy Lead – Indirect Spend & Categories in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to CO1001 Corporation of Lloyd’s:Your cover letter should read like you’re chatting directly to CO1001 Corporation of Lloyd’s. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like CO1001 Corporation of Lloyd’s.
How to prepare for a job interview at CO1001 Corporation of Lloyd’s
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at CO1001 Corporation of Lloyd’s!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at CO1001 Corporation of Lloyd’s. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into CO1001 Corporation of Lloyd’s's culture.
