At a Glance
- Tasks: Lead procurement strategies and manage supplier relationships for cost efficiency.
- Company: Established insurance organisation committed to excellence and employee growth.
- Benefits: Competitive salary, comprehensive benefits, and real career advancement opportunities.
- Other info: Hybrid role based in London with a focus on continuous improvement.
- Why this job: Join a dynamic team and make a significant impact in procurement.
- Qualifications: Proven procurement expertise, strong negotiation skills, and relevant qualifications.
The predicted salary is between 45000 - 70000 £ per year.
In this completely new role, the Procurement Manager will oversee and optimise procurement activities across indirect categories, ensuring effective supplier management and cost efficiencies. This permanent hybrid position based in London requires a strategic thinker with a strong understanding of indirect procurement processes.
The employer is a well-established organisation within the insurance industry, known for its robust operations and commitment to excellence. As part of a medium-sized team, they focus on delivering value through effective procurement strategies and fostering long-term supplier relationships.
Description
- Develop and implement procurement strategies to support business objectives.
- Manage supplier relationships, ensuring quality, compliance, and cost-effectiveness.
- Oversee tendering and contract negotiation processes with key suppliers.
- Monitor market trends to identify potential cost-saving opportunities.
- Ensure adherence to procurement policies and regulatory requirements.
- Collaborate with internal stakeholders to understand procurement needs and provide solutions.
- Analyse procurement data to track performance and drive continuous improvements.
- Provide leadership and guidance to the procurement team.
Profile
- Proven expertise in procurement preferably in regulated industries, with financial services being a bonus!
- Varied experience across indirect categories.
- Strong negotiation and contract management skills.
- Knowledge of procurement policies, procedures, and regulations.
- Ability to analyse data and implement cost-saving initiatives.
- Experience in managing supplier relationships and driving performance improvements.
- Excellent communication and stakeholder management skills.
- A relevant qualification in procurement, supply chain, or a related field.
Job Offer
- Competitive salary ranging from GBP45,000 to GBP70,000 per annum.
- Permanent role based in London with REAL opportunities for career growth.
- Opportunity to work for a fantastic employer in the Financial services that takes pride in rewarding and fostering the growth of employees.
- Comprehensive benefits package to support your professional and personal needs.
If you are an experienced Indirect Procurement professional seeking a new challenge where you can grow alongside the department, we encourage you to apply today!
Procurement Manager employer: Michael Page Procurement & Supply Chain
At Michael Page, we pride ourselves on being an excellent employer, particularly for the Strategic Procurement Leader role at London Luton Airport. Our dynamic work culture fosters collaboration and innovation, offering employees ample opportunities for professional growth and development. With a competitive salary package and a hybrid working model, we ensure that our team members enjoy a fulfilling work-life balance while making impactful contributions to airport operations.
Contact Details:
Michael Page Procurement & Supply Chain Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field, especially those in the insurance industry. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Show them you understand their needs and how you can add value. Tailor your examples to highlight your negotiation skills and supplier management experience.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website for the best chance at landing that Procurement Manager role. We’re all about connecting talent with opportunity, so make sure your application stands out!
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Procurement Manager role. Highlight your expertise in indirect procurement and any relevant achievements in supplier management or cost efficiencies.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this role. Share specific examples of how you've developed procurement strategies or managed supplier relationships in the past, and don’t forget to show your enthusiasm for the position!
Showcase Your Analytical Skills:Since analysing procurement data is key for this role, make sure to mention any tools or methods you’ve used to track performance and identify cost-saving opportunities. We love seeing how you can drive continuous improvements!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at Michael Page Procurement & Supply Chain
✨Know Your Procurement Stuff
Make sure you brush up on your knowledge of indirect procurement processes and strategies. Be ready to discuss how you've successfully managed supplier relationships and implemented cost-saving initiatives in the past.
✨Show Off Your Negotiation Skills
Prepare examples of your negotiation experiences, especially in tendering and contract management. Highlight specific situations where you achieved favourable outcomes for your previous employers.
✨Data is Your Best Friend
Be prepared to talk about how you've used data analysis to drive performance improvements. Think of instances where you've monitored market trends to identify cost-saving opportunities and be ready to share those insights.
✨Communicate Like a Pro
Since this role involves collaboration with various stakeholders, practice articulating your thoughts clearly. Prepare to discuss how you've effectively communicated procurement needs and solutions in your previous roles.
