Global Procurement Strategist
1 month ago
The Prax Group, a global organisation with over 1,450 employees across 10 offices worldwide, is seeking an experienced professional to lead its procurement strategy. Headquartered in London, the company operates multiple businesses including refining, blending, and exploration and production, with a strong focus on sustainability and quality performance.
The successful candidate will work closely with stakeholders across the globe to develop and implement a comprehensive procurement strategy, driving long-term value and strategic relationships with suppliers. Key responsibilities include overseeing the procurement process, managing vendor documentation, and establishing robust due diligence procedures to mitigate legal and compliance risks.
Main Responsibilities:
- Lead and manage a professional procurement service that adds value and ensures compliance with legislative requirements.
- Develop and implement a procurement strategy aligned with corporate objectives, delivering cost savings and improving supplier relationships.
- Act as a principal adviser on procurement and commercial matters, supporting effective decision-making.
- Analyse financial data to identify opportunities for cost reduction and contract improvement.
Essential Knowledge, Skills, and Experience:
- Proven expertise in procurement best practices and experience in leading similar services.
- Strong knowledge of procurement regulations in multiple jurisdictions and ability to apply them effectively.
- Excellent communication and interpersonal skills, with the ability to engage specialist information with non-specialists.
- Strong persuasion, influencing, and negotiation skills, with the ability to build and maintain effective relationships with clients, suppliers, and stakeholders.
This role requires a strategic sourcing expert capable of working in a global matrix organisation, with a proven track record in evaluating and negotiating strategic relationships with suppliers across multiple categories. The ideal candidate will possess relevant professional qualifications (MCIPS or equivalent experience) and a degree-level education. Salary: £80,000 - £110,000 per annum.
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