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For Companies At a Glance
- Tasks: Lead procurement strategies, manage suppliers, and drive cost savings while ensuring quality.
- Company: Join a dynamic organisation focused on innovation and efficiency in procurement.
- Benefits: Enjoy a competitive salary, hybrid working, bonuses, and additional perks.
- Why this job: Make a real impact by optimising costs and collaborating with diverse teams.
- Qualifications: Experience in procurement or supply chain management is essential; strong analytical skills preferred.
- Other info: This role offers a chance to work in a fast-paced environment with growth opportunities.
The predicted salary is between 65000 - 75000 £ per year.
Overview:
Responsible for developing and executing category strategies that align with business goals, drive cost efficiency, ensure supplier reliability, and deliver measurable value across the organisation.
Key Responsibilities:
- Category Strategy & Execution: Develop and implement global and local category strategies in collaboration with business stakeholders. Analyse market trends to identify opportunities, risks, and cost-saving initiatives.
- Supplier & Contract Management: Select and manage suppliers based on performance, cost, and quality. Lead contract negotiations, ensuring compliance with company policies and regulatory standards. Oversee contract renewals and amendments.
- Cost Optimisation & Risk Mitigation: Drive savings without compromising service or quality. Monitor market fluctuations to adjust procurement strategies proactively. Identify and manage supply chain risks and ensure ethical sourcing practices.
- Stakeholder Collaboration: Partner with cross-functional teams (IT, HR, Sales, Marketing) to align procurement with business needs. Work closely with in-country procurement and Centre of Excellence teams to ensure consistent and effective delivery.
- Performance Tracking & Reporting: Develop KPIs and assess supplier performance. Provide regular reports to leadership on savings, risk, and performance metrics. Support continuous improvement of procurement processes.
Salary - £65,000 - £75,000 plus bonus & benefits
Location: London - hybrid working
Procurement Lead - indirects employer: Investigo
Contact Detail:
Investigo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Lead - indirects
✨Tip Number 1
Familiarise yourself with the latest trends in procurement and supply chain management. Understanding current market dynamics will not only help you during interviews but also demonstrate your proactive approach to category strategy development.
✨Tip Number 2
Network with professionals in the procurement field, especially those who have experience in indirect procurement. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed supplier relationships and driven cost savings in previous roles. Being able to articulate your achievements will set you apart from other candidates.
✨Tip Number 4
Research StudySmarter's values and mission to align your responses during interviews. Showing that you understand our culture and how your skills can contribute to our goals will make a strong impression on the hiring team.
We think you need these skills to ace Procurement Lead - indirects
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement, particularly in developing category strategies and managing suppliers. Use specific examples that demonstrate your ability to drive cost efficiency and deliver measurable value.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and how your skills align with the key responsibilities outlined in the job description. Mention your experience in contract negotiations and stakeholder collaboration to showcase your fit for the position.
Highlight Relevant Achievements: When detailing your work history, focus on achievements that relate to cost optimisation and risk mitigation. Use quantifiable metrics to illustrate your impact, such as percentage savings achieved or successful supplier management outcomes.
Prepare for Potential Questions: Anticipate questions related to market analysis, supplier management, and performance tracking. Be ready to discuss specific strategies you've implemented in previous roles and how they align with the company's goals.
How to prepare for a job interview at Investigo
✨Understand the Category Strategy
Make sure you have a solid grasp of category strategies relevant to the role. Be prepared to discuss how you would develop and implement these strategies in alignment with business goals, showcasing your analytical skills and market knowledge.
✨Showcase Supplier Management Experience
Highlight your experience in selecting and managing suppliers. Be ready to provide examples of successful contract negotiations you've led, focusing on compliance and performance metrics that demonstrate your ability to drive cost efficiency.
✨Discuss Cost Optimisation Techniques
Prepare to talk about specific cost-saving initiatives you've implemented in previous roles. Discuss how you monitor market trends and adjust procurement strategies proactively to mitigate risks while maintaining quality.
✨Emphasise Stakeholder Collaboration
Illustrate your ability to work with cross-functional teams. Share examples of how you've partnered with departments like IT, HR, or Sales to align procurement strategies with broader business needs, ensuring effective delivery and communication.
