At a Glance
- Tasks: Lead procurement strategies and manage supplier relationships to optimise purchasing operations.
- Company: Join a prestigious legal firm with a commitment to excellence and innovation.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for career growth and to work with a dynamic team.
- Why this job: Make a significant impact on procurement practices and drive efficiency across the firm.
- Qualifications: Proven experience in procurement, strong negotiation skills, and a strategic mindset.
The predicted salary is between 80000 - 100000 € per year.
We are recruiting for a Head of Procurement reporting into the Chief Operating Officer (COO) who will be responsible for strategic oversight and management of all procurement, contract management (including renewals) and third-party relationship management activities across the firm. The Head of Procurement will lead the procurement function and be responsible for developing and implementing proactive, progressive procurement strategies, policies, and processes to optimise the firm’s purchasing and supply chain operations. The role holder will be required to build strong relationships with key stakeholders and develop a clear understanding of business priorities to influence across various departments and ensure high quality, cost-effective and efficient procurement practices.
KEY RESPONSIBILITIES
- Develop, educate and embed procurement strategy, policy, procedures, and standards to align with business priorities and ensure compliance with regulatory and responsible business requirements.
- Work with key stakeholders and embed appropriate integration and change management of consistent procurement policies and frameworks.
- Conduct market research and analysis to identify potential suppliers and evaluate and assess their capabilities, quality, and competitiveness.
- Regularly monitor and evaluate supplier performance, agreeing KPIs and addressing any issues of non-compliance with contractual obligations.
- Audit existing contracts to ensure they are fit for purpose and delivering value and if necessary, initiate and manage retendering.
- Actively mitigate and manage risk across all of the firm’s procurement contracts and activities.
- Implement value initiatives and continuous improvement measures to optimise procurement operations.
- Monitor industry trends and technological advancements to identify opportunities for innovation and efficiency in procurement practices.
Strategy:
- Develop and execute (in collaboration with the firm’s legal and risk teams) proactive procurement strategies that are aligned with the firms’ business priorities, values, risk appetite and wider operating model.
- Ensure that the procurement strategies are effective in building and maintaining a resilient supply chain for the firm.
- Manage the end-to-end procurement process, including sourcing, negotiation, contracting and supplier relationship management.
- Build and maintain relationships with key suppliers, ensuring favourable terms, pricing, and service levels.
Leadership:
- Lead and manage the Procurement team, providing guidance, support, and professional development opportunities.
- Promote and model behaviour in accordance with Slaughter and May’s values.
Collaboration:
- Positively collaborate with internal stakeholders to understand their procurement needs and provide guidance on sourcing strategies.
- Ensure the procurement strategy is responsive to the needs of internal stakeholders and aligned to agreed standards and governance procedures.
- Work closely with all offices to build strong working relationships and create opportunities for further collaboration.
CANDIDATE PROFILE
Candidates for this position must have:
- Proven experience as a Head of Procurement or in a similar senior procurement role within a legal or professional services organisation.
- Strong knowledge of procurement processes, indirect sourcing, best practices, and legal requirements.
- Excellent negotiation, contract management, and supplier relationship management skills.
- Demonstrated ability to develop and implement procurement strategies to achieve cost savings and operational efficiency.
- Analytical mindset with the ability to interpret data, conduct market research, and make informed decisions.
- Ability to “roll sleeves up” as well as being able to give a “big picture” view.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively and to influence stakeholders at all levels.
- Strong leadership and team management skills, with the ability to motivate and inspire others.
- Proficiency in procurement software and tools.
- Bachelor's degree in business administration, CIPS Level 6 Diploma. A master’s degree would be desirable.
We welcome applications irrespective of race, colour, ethnic or national origin, disability, sex, gender identity, sexual orientation, age, religion, belief or marital status.
Head of Procurement in City of London employer: Slaughter and May
At Slaughter and May, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is evident through comprehensive professional development opportunities and a culture that values diversity and inclusion. Located in the heart of London, our firm not only provides competitive benefits but also encourages a healthy work-life balance, making it an ideal place for talented individuals to thrive in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Procurement in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the procurement field. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with hiring managers or during interviews, make sure to highlight your experience in developing procurement strategies and managing supplier relationships. Use specific examples to demonstrate how you've added value in previous roles.
✨Tip Number 3
Research the company! Before any interview, dive deep into the firm’s procurement practices and recent projects. This will not only help you tailor your responses but also show that you’re genuinely interested in the role and the company’s success.
✨Tip Number 4
Apply through our website! We’ve got a streamlined application process that makes it easy for you to showcase your skills. Plus, it shows us you’re serious about joining our team. Don’t miss out on the chance to land that dream job!
We think you need these skills to ace Head of Procurement in City of London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in procurement and contract management. We want to see how your skills align with our needs, so don’t hold back on showcasing your achievements!
Showcase Your Leadership Skills:As a Head of Procurement, leadership is key! Use your application to demonstrate how you've successfully led teams and influenced stakeholders in previous roles. We love seeing examples of how you’ve motivated others and driven change.
Be Data-Driven:We’re looking for someone with an analytical mindset, so include any relevant data or metrics that showcase your success in procurement strategies. Whether it’s cost savings or supplier performance improvements, numbers speak volumes!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Slaughter and May
✨Know Your Procurement Strategies
Before the interview, brush up on your knowledge of procurement strategies and best practices. Be ready to discuss how you've developed and implemented these in previous roles, especially in a legal or professional services context.
✨Showcase Your Negotiation Skills
Prepare specific examples of successful negotiations you've led. Highlight how you achieved cost savings and built strong supplier relationships. This will demonstrate your ability to influence stakeholders and manage contracts effectively.
✨Understand the Business Priorities
Research the company’s business model and priorities. Be prepared to discuss how your procurement strategies can align with their goals and enhance operational efficiency. This shows that you’re not just focused on procurement but also on the bigger picture.
✨Demonstrate Leadership and Team Management
Think of examples where you've successfully led a team or managed change within an organisation. Discuss how you motivate and inspire others, as well as how you handle challenges in team dynamics. This is crucial for a leadership role like Head of Procurement.
