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Head of Procurement Innovation

Procurement Heads
Posted a day ago, valid for 23 days
Location

Luton, Bedfordshire LU1 5BL, England

Salary

£75,000 - £75,000 per annum

Contract type

Full Time

Retirement Plan

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Sonic Summary

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  • Procurement Heads is seeking a Head of Procurement Innovation for a rapidly growing property services group, offering a salary of up to £75,000.
  • The role requires a highly commercial individual with strong analytical skills to oversee procurement activities and identify revenue growth opportunities from a £600m annual spend.
  • Candidates should have leadership experience as they will manage a procurement team of 10, including 1 direct report, and work closely with senior stakeholders.
  • The position is based in Bedfordshire, with a hybrid work model of 3 days in the office and 2 days working from home.
  • Applicants should have proven experience in procurement, with a focus on strategic vision and team development, as well as a minimum of 5 years in a relevant role.
Procurement Heads is delighted to be working with a rapidly growing property services group to hire a newly created Head of Procurement Innovation role.

A unique position, this role will suit a highly commercial individual who can oversee procurement activities as well as make recommendations for revenue growth opportunities through analysis of the business's £600m annual spend.

This business is rapidly growing and insights derived from procurement analytics will help inform future investment decisions, making this a crucial role for their future growth plans. 

Leadership experience will also be highly beneficial as you'll have 1 direct report and oversee an overall procurement team of 10.

You'll be working closely with the Managing Director and their leadership team, so you need to be comfortable liaising with senior stakeholders.

The role is Bedfordshire-based, with 3 days a week in the office and the rest spent working from home. 

Key Responsibilities
  • Lead and manage the procurement team, fostering a growth and development mindset for direct and indirect reports
  • Identify business opportunities through the supply chain to support organic growth across the group
  • Monitor and analyse market trends to identify potential risks and opportunities
  • Implement procurement best practices and continuous improvement initiatives
  • Manage the procurement budget and ensure cost savings and efficiency
  • Build and maintain strong relationships with key suppliers and vendors
  • Evaluate supplier performance and ensure compliance with quality standards
  • Develop and implement risk management strategies to mitigate supply chain risks
  • Work closely with key stakeholders in the group to understand and fulfil their procurement needs and business opportunities
Key Experience: 
  • Excellent analytical and strategic thinking abilities to analyse commercial and business information
  • Strategic Vision: Ability to develop and implement long-term procurement strategies
  • Leadership: Proven track record of leading and developing high-performing teams
  • Collaboration: Excellent ability to work cross-functionally and influence stakeholders
  • Integrity: Commitment to ethical procurement practices and compliance
  • Strong negotiation and contract management skills
  • Proficiency in procurement software and tools
  • Effective communication and interpersonal skills
  • Strong organisational and project management skills
Key Benefits: 
  • Up to £75,000 salary
  • £6,500 car allowance
  • Performance related bonus
  • Private medical insurance
  • 25 days holiday + bank holidays
  • Matched pension scheme

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