Chief Procurement Officer jobs
Maintaining the efficiency of the procurement efforts of the employer’s key operations will be the responsibility of the chief procurement officer. She or he will need to keep in constant touch with the suppliers to ensure they are aware of future needs and also to keep costs as low as possible. Because procurement is so closely tied to profitability, the chief procurement officer will also need to be constantly surveying the market to find out whether savings could be made by switching suppliers, or indeed to decide whether a close client relationship is worth paying extra for if it brings efficiencies in other ways.
The procurement officer will need to have a keen sense of the market in which his or her employer operates, in order to gauge good costs and spot trends that could lead to prices rising or falling. Good intelligence will allow better planning to take place at board level, and the longer in advance they are made aware of such changes, the better will be their decisions.
The job will probably also involve a good deal of negotiation with suppliers to drive down prices, but a sensitivity towards their own requirements will be required; in some markets, suppliers themselves have a lot of bargaining power.
Good chief procurement officers can make a huge difference to the company’s expenditure, and therefore particularly skilled and experienced operatives can be remunerated extremely well.
The skills required
For such a senior procurement role, the entry requirements will be strict. Typically, experience of working in a procurement environment should be several years, but ten or fifteen would not be an unusual request. Management skills will be required, as the chief procurement officer will be overseeing a whole team, especially in larger companies. And finally, experience in the type of goods being supplied to the employer will be hugely advantageous to potential candidates.
An ability to work independently of senior management and make critical decisions without constantly referring them to the board will be highly valued. Chief procurement officers will be judged on their experience and results, and as long as they are delivering and maximising profits, their personal stock will be forever on the up.
Chief Procurement Officer Jobs in Stockport
Only six miles south of Manchester, Stockport is situated on the confluence of the rivers Goyt, Tame and Mersey. It's a town that has long been associated with manufacturing and is a good location for those seeking Chief Procurement Officer opportunities.
Contrary to what you would expect by looking at the town's name, Stockport was never much of a port town since the Mersey is a fairly narrow and shallow waterway in this region. Rather, the name simply combines the Old English words for 'marketplace' and 'hamlet'.
Indeed, Stockport has been a hub of commerce for hundreds of years, mainly as a source for textiles and hats, producing as many as six million pieces of headwear a year at the industry's peak.
Silk weaving and cotton spinning expanded during the 18th century with mills that were first powered by water, then steam. Other related industries included block making, trimming manufacture and leather ware.
Hat making in Stockport finally came to an end in the 1990s and the textile industry has also declined significantly. However, the town has moved with the times and its economy is now mainly based in the service sector.
The financial industry employs a large portion of Stockport's population, with companies like the Co-Op Bank and Swinton Insurance having facilities in the area.
In addition, manufacturing plays a part in the local economy. For example, BAE Systems, United Biscuits, PZ Cussons and NXP Semiconductors have factories in Stockport. What's more, Robinsons is a regional brewery that produces around 35,000 barrels of beer a year.
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Cast UK’s procurement opportunities
Cast UK were founded by specialists in the logistics, supply chain and procurement trade, and our consultants are also drawn from these backgrounds, so we know what employers and candidates are looking for.
If you’re looking for a job in procurement, whether you’re relocating for personal reasons or are simply looking for more job fulfilment, there could well be an employer who’s looking for the skills you have, so please get in touch with Cast UK. At any given time, we have jobs all over the UK, so wherever you live, or plan to live, we are well placed to find work that suits your skills. Employers often approach us to find managerial and executive candidates, so if you’re in logistics, we’d be delighted to hear from you.
To find out more about how Cast UK can help you recruit a Chief Procurement Officer for your business or find you a job as a Chief Procurement Officer then contact one of our consultant team on 0333 121 3345.
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