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- Tasks: Lead procurement activities, develop sourcing strategies, and negotiate contracts.
- Company: Dynamic organisation with a start-up mentality in Central and Greater London.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact by optimising procurement processes and driving cost savings.
- Qualifications: 3-5 years of procurement experience, strong communication, and relationship-building skills.
- Other info: Fast-paced environment with a focus on innovation and collaboration.
The predicted salary is between 48000 - 72000 £ per year.
Our client is seeking a Head of Procurement to be responsible for supporting a wide range of procurement activities across multiple categories, ensuring alignment with the organization's strategic objectives. The successful candidate will collaborate closely with various business units to develop and execute sourcing strategies that aim to reduce costs, mitigate risks, and enhance service quality. You will embody a start-up mentality: highly skilled, independently driven, and efficient in getting things done.
Responsibilities
- Analyse market trends and evaluate supplier capabilities to inform sourcing decisions.
- Implement procurement best practices and utilize spend data analytics to formulate effective sourcing strategies that yield cost savings and operational efficiencies.
- Assist with procurement-related projects, ensuring compliance with internal policies and procedures.
- Foster strong relationships within the organization and with external suppliers to align procurement planning with overall business strategies.
- Review contractual agreements with legal teams and advise on contractual obligations and considerations.
- Prepare RFx documentation and lead processes such as RFPs, RFIs, and competitive tenders.
- Negotiate pricing terms and conditions to secure favourable agreements.
Requirements
- Proven success with procurement management, demonstrating tangible results and leadership in the field.
- Between three and five years of relevant experience, preferably within the financial services sector, with a solid understanding of procurement principles and best practices.
- Strong work ethic, capable of performing effectively under pressure and adaptable to changing priorities.
- Self-driven and motivated, with the ability to work independently.
- Excellent relationship-building skills across all organizational levels, including executive leadership.
- Outstanding communication skills, both verbal and written, in English.
- Embodies a startup mentality: highly skilled, independently driven, and efficient in getting things done.
- Commitment to maintaining high standards of quality, integrity, and internal control processes in all activities.
Procurement Manager employer: Stott & May Professional Search Limited
Contact Detail:
Stott & May Professional Search Limited Recruiting 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 and let them know you're on the hunt for a new role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Show them you understand their needs and how you can help reduce costs and enhance service quality. Tailor your examples to highlight your relevant experience!
✨Tip Number 3
Don’t just wait for job postings! Be proactive and reach out to companies you admire, even if they’re not advertising roles. A well-crafted email expressing your interest can open doors you didn’t even know existed.
✨Tip Number 4
Apply through our website for the best chance at landing that Procurement Manager role. We love seeing candidates who are genuinely interested in joining us, so make sure to showcase your passion and skills when you apply!
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Procurement Manager. Highlight your experience in procurement management and any tangible results you've achieved. We want to see how you align with our strategic objectives!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your understanding of procurement principles and best practices. Let us know how your skills can help us reduce costs and enhance service quality.
Showcase Your Achievements: Don’t just list your responsibilities; share specific achievements that demonstrate your leadership in procurement. We love seeing how you've implemented best practices and driven efficiencies in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Stott & May Professional Search Limited
✨Know Your Procurement Stuff
Make sure you brush up on procurement principles and best practices. Be ready to discuss your past experiences and how they align with the responsibilities listed in the job description. Show them you know your stuff!
✨Show Off Your Analytical Skills
Since analysing market trends and supplier capabilities is key, prepare examples of how you've used data analytics in your previous roles. Bring specific instances where your analysis led to cost savings or improved efficiencies.
✨Build Relationships, Even in the Interview
Demonstrate your relationship-building skills during the interview. Engage with your interviewers, ask insightful questions, and show genuine interest in their organisation. This will highlight your ability to foster strong relationships within and outside the company.
✨Be Ready to Negotiate
Negotiation is a big part of the role, so be prepared to discuss your approach to securing favourable agreements. You might even want to role-play a negotiation scenario with a friend beforehand to get comfortable with the process.