At a Glance
- Tasks: Lead cost reduction projects and collaborate with diverse teams to drive financial success.
- Company: Join Rolls Royce, a leader in aerospace innovation and inclusivity.
- Benefits: Gain valuable experience, develop transferrable skills, and work in a dynamic environment.
- Other info: Opportunity for career growth in a fast-paced, transformative setting.
- Why this job: Make a real impact on cost strategies while working with industry experts.
- Qualifications: Degree or CIPS qualifications, data analysis skills, and strong interpersonal abilities.
The predicted salary is between 55000 - 65000 £ per year.
We are looking for a Procurement Product Cost Manager to work closely with the Aerospace Procurement Category teams, lead the management of the Category Cost forecast and collaborate with the Category team to identify and deliver cost reduction and cost mitigation projects. The role is cross functional at its core and will give you the opportunity to work with a wide range of internal stakeholders, gain exposure to an extensive range of business processes and develop highly transferrable skills.
Responsibilities
- Manage the cost forecast of an extensive portfolio of cost reduction and cost mitigation projects, ensuring accuracy and credibility of the in year and long term product cost forecast to support business financial forecasting and portfolio decisions.
- Lead and support the regular product cost governance with internal stakeholders, communicating status, opportunities and risks to enable proactive management.
- Work with the Category to generate, develop and execute cost reduction and cost mitigation projects.
- Champion a wide range of cost opportunities using market intelligence, data analytics and digital tools.
- Build an understanding of the Category's critical cost drivers and strategy.
- Influence stakeholders and secure their support for cost initiatives.
- Champion a cost conscious culture throughout the organization.
- Manage and task Procurement Cost leads reporting to you and support their development.
Qualifications
- Degree (BA level) and/or CIPS qualifications.
- Experience in data analysis, with the ability to form hypotheses and identify financial opportunities.
- Strong business acumen and desire to develop a deep understanding of commercial and financial principles.
- Good interpersonal and people management skills, with the ability to engage stakeholders at various levels and functions.
- Ability to influence and challenge constructively.
- Capacity to work at pace, with pragmatism and tenacity.
- Transformational mindset, open to alternative approaches and different ways of working.
- Passion for driving change and creating measurable impact.
Relocation assistance is not available for this position. Rolls Royce is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to any protected characteristics.
Procurement Cost Programme Manager employer: Job Search Place Limited
At Rolls Royce, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Procurement Cost Programme Manager, you will have the opportunity to engage with diverse teams, develop your skills in a supportive environment, and contribute to impactful cost reduction initiatives within the aerospace sector. Our commitment to employee growth and a cost-conscious culture ensures that you will thrive in your career while making a meaningful difference.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Cost Programme Manager
✨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 Job Search Place Limited.
✨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 Cost Programme Manager
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 Job Search Place Limited:Your cover letter should read like you’re chatting directly to Job Search Place Limited. 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 Job Search Place Limited.
How to prepare for a job interview at Job Search Place Limited
✨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 Job Search Place Limited!
✨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 Job Search Place Limited. 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 Job Search Place Limited's culture.
