Head of Procurement

Company:  Som3
Location: Staffordshire
Closing Date: 11/08/2024
Salary: £75,000 - £80,000 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Role: Head of Procurement Benefits: Up to £80,000 + benefits Location: Staffordshire (Hybrid) Job Type: Full-time Job Overview: The Head of Procurement will lead the procurement function, ensuring efficient and cost-effective acquisition of goods and services necessary for the company's operations. This role involves developing procurement strategies, managing supplier relationships, and ensuring compliance with company policies and industry regulations. You will be required to build a procurement function from the ground up so a very hands on individual will be required. Key Responsibilities: Develop and implement comprehensive procurement strategies aligned with the company's goals and objectives. Analyse market trends to identify opportunities for cost savings and quality improvements. Build and maintain strong relationships with key suppliers. Negotiate contracts, terms, and conditions with suppliers to secure advantageous terms. Build out a successful procurement team from the ground up Lead, mentor, and develop the procurement team to enhance their skills and performance. Foster a collaborative and high-performance culture within the procurement department. Continuously improve procurement processes and systems to increase efficiency and reduce costs. Develop and manage the procurement budget. Monitor and report on procurement costs and savings. Identify and mitigate risks associated with the procurement process. Ensure compliance with legal, regulatory, and internal policies Work closely with other departments to understand their procurement needs and provide effective solutions. Communicate procurement strategies and policies to stakeholders across the organisation. Qualifications: Bachelor's degree in Business Administration, Supply Chain Management, or a related field. A Master's degree is preferred. Professional certification in procurement (e.g., CIPS, CPM, CSCP) is an advantage. Ideally a minimum of 10 years of experience in procurement, with at least 5 years in a senior leadership role. Strong negotiation and contract management skills. Excellent analytical and problem-solving abilities. Proven experience in strategic sourcing and supplier relationship management. Familiarity with procurement software and tools. Exceptional leadership and team management skills. Excellent communication and interpersonal skills. Competencies: Strategic Thinking Decision Making Leadership and Influence Negotiation Financial Acumen Relationship Management Change Management
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