Group Head of Procurement

2 weeks ago

London, United Kingdom GRG Executive Search Full time

GRG Executive Search are exclusively partnering with a IT Services & Telecommunications business at the forefront of their industry based in London, in their search for a Group Head of Procurement.


This role will lead the entirety of the Procurement & Supplier Relationships for the business focusing on transformation and centralisation of processes and policy.


Key Responsibilities:

  • Develop and implement a coherent procurement strategy, aligned with the organisation’s goals
  • Oversee the procurement process including sourcing, purchasing and inventory management;
  • Manage procurement documentation and records
  • Drive consolidation of suppliers where appropriate
  • Identify opportunities for cost savings and system, tool and process improvements
  • Ensure compliance with company policies, industry regulations and legal requirements
  • Own and deliver annual cost savings targets
  • Conduct regular audits and reviews of procurement activities; Supplier Relationships and Negotiations
  • Manage and develop supplier relationships to ensure that the business is positioned to secure optimum pricing and terms in both the short and long term
  • Negotiate supplier contractual terms for all cost categories
  • Evaluate and monitor vendor performance, ensuring compliance with contractual obligations. establish, and drive a regular supplier management service review for top key suppliers.
  • Take part in, and where appropriate lead, cross functional projects to deliver improvements to cost base, supplier terms and ability to deliver excellent services to customers;
  • Ensure accuracy and integrity of cost base
  • Proactive engagement with product team to agree renewal strategy and approach for each
  • Develop, optimise and own the group-wide purchasing process, ensuring appropriate controls are balanced with the requirement to execute quickly and efficiently
  • Communicate procurement policies and procedures across the organisation and conduct regular reports and updates (and exceptions reporting) to Management team
  • Identify process failures systematically, addressing them and eliminating the possibility of recurrence.
  • Establish robust due diligence and review procedures to ensure legal and compliance risks within vendor management are appropriately assessed and mitigated
  • Develop performance indicators for procurement and to monitor performance against agreed targets and to ensure the timely production of reports and statistical information; Change Management
  • Generate and lead projects to deliver step change improvements to the Group’s cost base and ability to deliver high quality services to its customers.


The Ideal Candidate:

  • Strong Procurement Experience specifically in I.T or Telecommunications
  • Must have experience within a Managed Service Provider
  • Experience Leading Procurement & Supplier Relationship functions
  • Experience reporting back to C-Suite
  • Experience centralising procurement within an organisation that has grown either through acquisition

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