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Group Procurement
1 month ago
Client: Phoenix Group Holdings
Location: Worcestershire, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: 57e5da59561d
Job Views: 7
Posted: 02.03.2025
Expiry Date: 16.04.2025
Job Description:Job Type: Permanent
Location: Role could be based in either our Telford, Wythall or Edinburgh offices with time spent working in the office and at home.
Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Closing Date: 31.1.25
We have an incredible opportunity to join us as a Group Procurement & Partner Manager – Technology Category within our new function.
Salary and benefits: £55,000 - £75,000 plus 16% - 32% bonus potential, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
The role:
The role holder will play a critical role in managing the procurement of Technology products and services. Developing procurement strategies to increase profitability and ensure a competitive market position. They will be responsible for the full procurement lifecycle within Technology procurement including procurement, supplier relationship and commercial management and cross functional team leadership aiming to meet or exceed financial targets.
- Execute strategic sourcing exercises in line with the category strategy.
- Understand how to utilise market trends to inform and shape the category approach.
- Use a variety of skills and tools to drive commercial management and negotiation.
- Share and promote your understanding of the technology market and its current innovation to develop category plans.
- Influencing and persuasion – Leverage procurement skills to enable optimal business outcomes.
Category Strategy Development: Develop and implement strategic procurement plans aligned with category objectives and organisational goals.
Supplier selection and management: Identify, assess and commercially manage end to end relationships with Tier 1, Tier 2 and other material suppliers to ensure the delivery of high-quality services and products that are competitively priced.
Commercial Management and Negotiation: Lead the procurement process for technology requirements in line with the technology strategy. Negotiate contracts and manage supplier performance to achieve cost savings and mitigate risks.
Cost optimisation: Implement cost optimisation strategies including, but not limited to, demand management, volume consolidation, and process efficiencies to drive savings and improve profitability.
Risk Management: Proactively identify and mitigate risks associated with procurement activities, including managing regulatory contractual change, ESG standards, supplier risks, contract risks and ensure business continuity.
Cross functional collaboration: Collaborate with internal stakeholders, including Finance, Legal, Risk, and Business Unit Executives to understand their needs and requirements and provide strategic guidance and support.
Continuous Improvement: Drive continuous improvement initiatives with the Centre of Excellence team ensuring that procurement and third-party management best practices along with technology is adopted to enhance the efficiency and effectiveness of Commercial Partnerships.
Performance Measurement: Establish key performance indicators (KPIs) and metrics to monitor supplier performance, track savings and identify areas for improvement.
What are we looking for?
Proven track record and demonstrable experience in procurement, or supply chain management with a focus on the financial services industry.
Experience of working in IT procurement including but not limited to, IT categories and commodities such as IT Outsourcing, Infrastructure including Networks and Telephony, Hardware and Software/Applications.
Current knowledge of the IT market and emerging IT technologies.
Proven track record of developing and implementing successful procurement strategies, driving cost savings and managing supplier relationships.
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
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