At a Glance
- Tasks: Negotiate and purchase assets, services, and equipment for a top F1 team.
- Company: Join the dynamic Visa Cash App Racing Bulls F1 Team, part of Red Bull.
- Benefits: Enjoy tailored training, company events, gym access, and a bonus scheme.
- Other info: Flexible work culture with excellent career growth opportunities.
- Why this job: Make an impact in a fast-paced environment while working with a passionate team.
- Qualifications: 3-5 years purchasing experience and strong negotiation skills required.
The predicted salary is between 30000 - 40000 £ per year.
Visa Cash App Racing Bulls F1 Team is one of two Red Bull-owned F1 teams. Today’s Formula 1 calls for a high level of specialist skills in every area. At Visa Cash App Racing Bulls F1 Team we strongly believe that every member of our staff can and should lead innovation and continuous improvement in such a competitive and dynamic working environment. Sounds exciting, doesn't it? Don't miss your chance to make an impact!
We are looking for a brilliant Buyer reporting to the Lead Buyer Indirect. The role is responsible for negotiating and purchasing new assets, services and equipment ensuring the agreed technical specifications, budget requirements and delivery dates.
Please note that recruitment for this position will take place on a rolling basis, meaning that should the ideal candidate be identified the vacancy will be closed. Should you be interested in the role, we encourage you to promptly apply by sending your updated CV and a brief motivation letter highlighting:
- Funded projects managed (program, role, budget);
- Measurable results achieved (funds secured, audits passed, process improvements);
- Tools and methodologies used.
Purchasing and Contract Management
- Purchasing goods based on the company investments program and in agreement with the budget owner’s department;
- Working closely with finance, factory, production & IT departments to ensure that the products are purchased respecting the technical requirements, timetable and containing costs;
- Negotiating the terms of supply contracts, based on the asset type, including prices, payment agreements, warranties and after sales conditions;
- Entering into customized contracts.
Professional Conduct and Operational Flexibility
- Always working in a professional manner regardless of the task set and being pro-active in promoting a positive image for the department/team/sponsors;
- Providing flexible attendance and attitude to work both in line with the requirements of the role and any specific requirements of the projects.
What We Offer
- Working in a young, collaborative and international environment;
- Tailored training;
- Company Events / Briefings;
- Onsite Gym;
- Bonus scheme;
- Annual salary review process;
- Meal Tickets;
- Free additional health insurance.
Your Application
Once you’ve submitted your application, you’ll most likely receive an invitation to complete the Red Bull Wingfinder assessment. Taking the test is not mandatory for your application to be reviewed; however, we strongly recommend completing it, as it’s a great way to better understand your own strengths and potential! Due to the very high volume of applications, we’re unfortunately not able to provide individual feedback or application status updates, except for candidates who have interviewed with our team.
In line with pay transparency regulations (Legislative Decree 96/2026), the minimum fixed salary for this role is the contractual minimum set by the National Collective Labour Agreement for the Metalworking Industry (Federmeccanica/Assistal) for classification level C3. We specify that the above mentioned level is a minimum threshold and does not correspond to the overall compensation package, which is determined by objective, measurable and gender-neutral criteria, being significantly higher than the contractual minimum indicated.
Experience
- Three to five years purchasing experience, preferably on indirect goods and services.
- Proficient with English, both written and spoken.
- Good knowledge of Microsoft Office.
- Good communication ability with external suppliers.
- Resilience and ability to work under pressure.
- Solid decision making and negotiating skills.
- Team playing skills with a “can do” attitude.
Buyer employer: Visa Cash App RB F1 Team
At Visa Cash App Racing Bulls F1 Team, we pride ourselves on fostering a dynamic and collaborative work environment where innovation thrives. As a Buyer, you will not only engage in exciting purchasing negotiations but also benefit from tailored training, a bonus scheme, and additional health insurance, all while working alongside passionate professionals in the fast-paced world of Formula 1. Join us to make a meaningful impact in a team that values your contributions and supports your growth.
StudySmarter Expert Advice🤫
We think this is how you could land Buyer
✨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 Visa Cash App RB F1 Team.
✨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 Buyer
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 Visa Cash App RB F1 Team:Your cover letter should read like you’re chatting directly to Visa Cash App RB F1 Team. 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 Visa Cash App RB F1 Team.
How to prepare for a job interview at Visa Cash App RB F1 Team
✨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 Visa Cash App RB F1 Team!
✨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 Visa Cash App RB F1 Team. 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 Visa Cash App RB F1 Team's culture.