At a Glance
- Tasks: Lead the Indirect Procurement team and drive innovative procurement strategies.
- Company: Join a dynamic company committed to inclusivity and professional growth.
- Benefits: Enjoy competitive salary, generous discounts, 25 days holiday, and excellent pension scheme.
- Other info: Collaborative environment with opportunities for personal and professional development.
- Why this job: Make a real impact by optimising procurement processes and delivering significant cash savings.
- Qualifications: Bachelor's degree in business or related field; CIPS qualified preferred.
The predicted salary is between 60000 - 75000 £ per year.
Responsibilities include leading the Indirect Procurement team, driving procurement strategies, embedding category management and initiatives that enhance cost-effectiveness and deliver significant cash savings. Develop and maintain effective measures of procurement performance and use them to target and drive continuous improvement, e.g., KPIs and savings trackers.
Develop and maintain strong relationships with internal stakeholders, including merchandising, marketing, facilities, IT, legal, people and finance teams, to align procurement objectives with business goals. Oversee and develop robust sourcing processes for all external products and services to ensure they are fit for purpose, agile, and efficient. This will include early involvement of legal and procurement functions, supplier onboarding and lead-time from initiation to order.
Negotiate contracts and agreements with suppliers to achieve favourable terms. Implement and monitor performance metrics to evaluate supplier performance and identify areas for improvement. Collaborate with the Finance team to ensure a seamless transition to NetSuite, leveraging the new system to streamline procurement processes and reporting.
Coach other members of the team on best practice procurement and support the head of Procurement in delivering and updating the target operating model for the procurement function. Bring in new insights to improve the way Indirect operates as well as insights to support finding opportunities and risks in key high-risk category areas.
Qualifications:
- Bachelor's degree in business, Supply Chain Management, or a related field.
- CIPS (Chartered Institute of Purchasing and Supply) or MCIPS qualified.
- An experienced procurement professional, who understands what 'good' looks like within both process and practice, with the ability to turn this into strategy and execution.
- Strong demonstrable experience in indirect procurement category management, with a strong focus on IT spend optimisation.
- Demonstrated track record of delivering significant cash savings and improving EBITDA through procurement strategies.
- Exceptional negotiation, people management and contract management skills, with the ability to influence and build productive relationships with internal and external stakeholders.
- A confident and personable demeanour, ensuring approachability and effective communication.
- Experience with transitioning to new Finance/Procurement systems.
- Excellent Excel skills with the ability to manipulate data and present it in a way to identify opportunities for the business.
Benefits:
- Competitive salary
- A generous store and restaurant discount of up to 40%
- 25 days holidays (excluded bank holidays) and an extra day off for your birthday
- A fantastic subsidised staff restaurant which uses Fortnum's ingredients
- A range of opportunities to develop and grow personally and professionally
- Excellent pension scheme
We are committed to developing your career and nurturing your talent, regardless of age; disability; gender reassignment; marriage and civil partnership; pregnancy and maternity; race; religion or belief; sex; sexual orientation. We respect and embrace each other's differences, to create a truly inclusive environment. In the last year alone, our people have been recognised and celebrated, winning awards for their outstanding contributions to Retail, Technology, Global Hospitality & Tourism, Visual Merchandising & Display, Customer Service and Local Community Awards.
Indirect Procurement Lead in City of Westminster employer: Fortnum & Mason
As an Indirect Procurement Lead, you will thrive in a dynamic and inclusive work environment that prioritises employee growth and development. With competitive salaries, generous discounts, and a commitment to nurturing talent, our company fosters a culture of collaboration and innovation, ensuring that every team member can contribute meaningfully to our procurement strategies. Located in a vibrant area, we offer a fantastic subsidised staff restaurant and a supportive atmosphere where your contributions are recognised and celebrated.
StudySmarter Expert Advice🤫
We think this is how you could land Indirect Procurement Lead in City of Westminster
✨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 Fortnum & Mason.
✨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 Indirect Procurement Lead in City of Westminster
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 Fortnum & Mason:Your cover letter should read like you’re chatting directly to Fortnum & Mason. 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 Fortnum & Mason.
How to prepare for a job interview at Fortnum & Mason
✨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 Fortnum & Mason!
✨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 Fortnum & Mason. 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 Fortnum & Mason's culture.
