Head of Procurement

4 weeks ago

Edinburgh, United Kingdom Tesco Bank Full time

**General information**:

Job Title
Head of Procurement
Ref #
8238
Location
Edinburgh
Department
Finance Leadership
Business Area
Finance Leadership
Working time
Full-Time
Date Published
02-06-2023

**Serving our customers, communities, and planet a little better every day.**:

Head of Procurement
Permanent
Edinburgh, Flexible working available
Up to £110,000 DOE & Benefits
What we’ll offer
Leading the Bank’s procurement agenda, being responsible for actively developing a customer-centric, best-in-class strategic procurement function. Partners with Head of Commercial Finance, Executive Committee business and functional leaders and Tesco Group Procurement in development and roll out of procurement strategy to optimise spend while improving performance and quality, driving innovation and reducing risk.
Leads cross-functional teams providing the end-to-end procurement cycle driving optimisation of the cost base to support delivery of the Bank’s strategy; and effective business partnering support to functional owners with material supplier spend and relationships.
Tesco Bank have moved to an agile way of working you will be responsible for establishing the frameworks, policies and practices required for sustainable, high-quality procurement of goods and services that supports the organisation's goals and objectives.
What you’ll bring
We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us at Tesco Bank.
- Strong commercial acumen and a track record of delivering insight into an organisation’s procurement base and ensuring procurement is aligned with overall business needs.
- Proven ability to continuously develop procurement across all spend categories, contract management, devising sourcing plans, develop and embed policies.
- Strong leadership capabilities across diverse teams.
- Significant experience in procurement leadership roles.
The Role
- Procurement - Develop and manage the delivery of the Bank’s sourcing, procurement and category strategies. Evolve the function from being reactive and mostly operationally centric to that of a strategic business advisor and leader with vision, driving decisions through data-driven, co-ordinated sourcing, and procurement efforts
- Stakeholder Engagement - Strategically engage with and understand the business requirements of stakeholders and business partners to be able to represent the needs of local stakeholders and market dynamics and to inform procurement strategies that enable the achievement of Bank business objectives.
- Benefits Delivery - Deliver benefits identified in strategies through effective execution aligned to assurance of supply (risk management), quality, service, cost and innovation including partnering with Finance to ensure visibility of planned spend and impact of value delivery to business budgets
- Leadership and Direction - Identify and communicate the actions needed to implement the function's strategy and business plan; link to the Bank’s, vision and values; motivate people to commit to these and to doing extraordinary things to achieve local business goals
- People Leadership - Lead, manage and develop a team of procurement professionals to facilitate delivery of Bank strategy including attract, develop and retain a strong talent base
- Contract Requirements - Identify contract requirements and write specifications for a large portfolio or area of the business for existing contracts and/or new contracts.
- Category Management - Manage a major category plan/program in line with the organizations’ purchasing/procurement and/or sales strategy ensuring realization of synergies, like cost savings and risk-reduction, and/or optimization of the category profit.
- Sourcing - Collect and analyse the key cost drivers, market dynamics and issues, areas of innovation, and alternative suppliers for business-critical risk area(s) with few alternatives / high costs of changing, in consultation with relevant functions to provide solid market information for decision making.
- Strategic Planning - Take responsibility for developing and delivering the strategic planning approach for a key part of the organization.
LI-LC2
We value our people and diverse team and believe the variety of backgrounds and experiences make us stronger to achieve our goals. We encourage colleagues to be productive, focus on meaningful work, and look for ways to further develop themselves & career, and have an excellent work/life balance.

**Why Tesco Bank?**:

At Tesco Bank everyone is welcome, we value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger in achieving our goals. It’s important to us that we make sure you’re supported by your team and colleague networks every day, celebrating when it matters and helping you to be the best version of yourself. The people make Tesco Bank, and we take pride in what we achieve

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