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Procurement Transformation Lead

2 months ago

London, Greater London, United Kingdom Shift F5 Ltd. Full time
Job Description

**Job Title:** Procurement Transformation Lead

**Company:** Shift F5 Ltd.

**Job Type:** Full-time

**Location:** Remote

**About Us:

Shift F5 Ltd. is a leading company in the industry, and we are seeking a highly skilled Procurement Transformation Lead to join our team.

**Job Summary:

We are looking for a seasoned Procurement Transformation Lead to lead the transformation of our procurement function. The successful candidate will have a proven track record of driving procurement transformation initiatives, improving efficiency, and reducing costs.

**Key Responsibilities:

Discovery:

  • Conduct a thorough analysis of our current procurement processes and identify areas for improvement.
  • Develop a detailed business case for procurement transformation, including cost savings and efficiency opportunities.

Design:

  • Design a new procurement operating model that aligns with our company's strategic objectives.
  • Develop a comprehensive procurement strategy that includes process improvements, cost reductions, and enhanced efficiency.

Delivery:

  • Lead the implementation of the new procurement operating model and strategy.
  • Develop and implement a plan to achieve the identified cost savings and efficiency opportunities.

Division Creation and Strategic Transformation:

  • Develop and implement a comprehensive procurement transformation strategy aligned with our company's overall business objectives.
  • Lead the establishment of a new procurement division from the ground up, including staffing, processes, and systems.

Process Optimization:

  • Conduct thorough analysis of current procurement processes, identifying bottlenecks and inefficiencies.
  • Design and implement streamlined, scalable procurement processes and systems for the new division.

Technology Integration:

  • Lead the selection and implementation of procurement technologies and tools (e.g., e-procurement systems, procurement analytics platforms) for the new division.
  • Ensure effective integration of new technologies with existing systems and processes.

Change Management:

  • Develop and execute change management plans to ensure smooth adoption of new processes and technologies.
  • Provide training and support to procurement staff and other stakeholders.

Performance Measurement:

  • Establish key performance indicators (KPIs) to measure the effectiveness of procurement activities and transformation initiatives.
  • Regularly monitor and report on procurement performance, providing insights and recommendations for further improvement.

Stakeholder Management:

  • Collaborate with internal stakeholders (e.g., finance, operations, legal) to ensure alignment and support for procurement transformation initiatives.
  • Build and maintain strong relationships with key suppliers and external partners.

Risk Management:

  • Identify and mitigate risks associated with procurement activities and transformation projects.
  • Ensure robust contract management and supplier performance monitoring processes are in place.

Cross-functional Collaboration:

  • Collaborate with various departments within the company, such as PCM, Legal, and Operations, to ensure procurement activities are aligned with business needs and comply with internal policies.