Category Management Lead
1 day ago
Salary Range: £65,000 - £85,000 per annum
About the RoleWe are seeking an experienced Category Management Lead to join our team in Stockport. As a key member of our procurement function, you will be responsible for overseeing all aspects of procurement within a designated category of spend.
Your primary objective will be to optimise costs, streamline processes, and ensure the highest quality of goods and services are obtained while adhering to our organisation's procurement policies and procedures.
Key Responsibilities- Category Strategy Development: Develop and implement strategic plans for the assigned category, aligning with our overall procurement and organisational objectives. This includes analysing market trends, conducting supplier assessments, and identifying opportunities for cost savings and process improvements.
- Supplier Management: Build and maintain strong relationships with key suppliers within the category. Negotiate contracts, terms, and conditions to secure favourable pricing, quality, and delivery terms. Monitor supplier performance and address any issues or concerns in a timely manner.
- Sourcing and Procurement: Lead the sourcing process for the category, from supplier identification and selection to contract award and implementation. Utilise best practices and procurement tools to drive efficiency and effectiveness throughout the procurement lifecycle.
- Cost Management: Drive cost reduction initiatives within the category through price negotiations, supplier consolidation, and demand management strategies. Monitor and track spend against budget targets, providing regular updates and recommendations for cost-saving opportunities.
- Risk Management: Identify and mitigate risks associated with the category, such as supply chain disruptions, quality issues, and regulatory compliance. Develop contingency plans and alternative sourcing strategies to ensure continuity of supply and minimise business impact.
- Cross-functional Collaboration: Work closely with internal stakeholders, including finance, operations, and legal teams, to understand business requirements and priorities. Collaborate on projects and initiatives that involve the procurement category, ensuring alignment with organisational goals and objectives.
- Continuous Improvement: Drive continuous improvement initiatives within the procurement function, seeking opportunities to enhance processes, systems, and policies related to the category. Stay abreast of industry best practices and emerging trends to maintain a competitive advantage.
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