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Formula 1 covers a huge range of disciplines across a wide array of industry sectors, drawing the very best from our teams of technicians, engineers and media rights specialists and encouraging the creativity of experts in the fields of digital and traditional media, marketing and communications.
We are recruiting for a Category Manager for our Procurement team who would be based at our Biggin Hill office. Do you have what it takes to be part of the world’s greatest sport and entertainment spectacle?
Main Duties and Responsibilities:
- Manage stakeholder relationships to provide a good commercial support service to the company, procurement category management of Travel, Unform & Temporary Power (F1 Race related) within the organisation.
- Identify and deliver sourcing opportunities within your category through insight and analysis of the category, including analysis of procurement spend & supply base to ensure best fit suppliers; supplier & marketplace research; regular interaction with Group Managers and Finance in prioritising the opportunities for the short, medium, and long term.
- Develop effective relationships and collaborative working styles with key stakeholders
- Using Category insight and analysis (spend data, tools & processes) to create a category plan to socialize and agree with all relevant stakeholders. Creation of a yearly project plan for all key category priorities to be delivered, ensuring that resources are optimally used.
- Collaborate with business leads to ensure best deal has been achieved through taking responsibility in commercial and contractual negotiations & drafting with external suppliers.
- Running the end-to-end Procurement Cycle including the preparation of (RFx) pretender, tender documents, tender execution and contract award and subsequent contract management.
- Manage supplier performance and collaborate with suppliers to drive innovation and continuous improvement.
- Negotiate with suppliers to ensure best value for the Formula One Group with robust terms & conditions that manages the Group’s risk appropriately and are in alignment with business needs.
- Support and coach direct reports through regular feedback meetings, setting of yearly objectives and completing End of Year assessments.
- Support the business in drafting specifications and ensure the final product is clear, unambiguous, and meaningful to the marketplace.
- Contribute to Procurement’s Supply Risk Register within category and ensure that risk mitigation strategies are applied to all sourcing decisions.
- Manage the completion and accuracy of the Contracts Register for all Work In Progress projects and contract renewals / expiries.
- Own the verification process of all Purchase Order Requisition’s (POR) within your category and ensure that the businesses are compliant in their requests
Specification Essentials:
- Minimum 5 years procurement experience at a senior level position
- Minimum 3 years experience of the strategic sourcing of Worldwide Travel, Travel Management, Hotel programme in a Category Management environment
- MCIPS required
- Experience of drafting and negotiating contracts
- Experience of setting up, managing, Framework agreements & Statement of Works.
- Knowledge of P2P systems including Microsoft D365
- Indirect coaching experience
- Experience managing a team
- Stakeholder management
Division:
CorporateFormula 1 London, England Office
No 2, St James' Market, , London, United Kingdom, SW1Y 4AH,
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