Do you need fractional CPO services?
Employing a fractional Chief Procurement Officer (CPO) presents a strategic advantage for companies, especially startups and small to medium-sized businesses, looking to improve their procurement without the commitment to a full-time executive role. This approach allows access to top-tier leadership and expertise, enabling companies to drive innovation, strategy, and continuous improvement with the guidance of an experienced professional.
Fractional Chief Procurement Officer Jobs
The fractional chief procurement officer (CPO) is a senior executive who oversees and manages an organisation’s procurement strategies, policies and processes on a part-time or interim basis. They are responsible for ensuring that the organisation’s procurement activities are aligned with its overall goals and objectives. The fractional CPO plays a crucial role in optimising procurement and achieving cost savings, efficiency improvements and risk mitigation.
The interim CPO reports to the organisation’s top-level management, typically the CEO, CFO or COO. As a strategic role, the fractional CPO collaborates closely with these key executives, providing regular updates, analysis and recommendations regarding procurement performance, supplier selection, contract negotiations and risk management.
In addition to managing procurement operations, the interim CPO also leads a team of procurement professionals, overseeing their training, development, and performance. They ensure compliance with legal and regulatory requirements, establish supplier relationships, negotiate favourable contracts, and monitor vendor performance to ensure quality and delivery standards are met.
Fractional CPO skills required
To excel as a fractional CPO, you need a unique set of skills. First, you must possess strong leadership abilities, as you will be responsible for managing and guiding a procurement team towards achieving organisational objectives. Effective communication and interpersonal skills are vital to interact with stakeholders, negotiate contracts and build relationships with suppliers.
Analytical skills are essential, enabling you to evaluate procurement processes, identify cost-saving opportunities and implement data-driven strategies. Additionally, you should have a comprehensive understanding of procurement principles, supply chain management and risk assessment to make informed decisions.
Your ability to manage complex projects, prioritise tasks, and meet deadlines will be crucial in this role. Attention to detail and a strategic mindset are also necessary attributes to evaluate and optimise procurement practices. Staying up to date with industry trends, regulations and technological advancements is also vital.
Fractional Chief Procurement Officer Jobs in Humberside
Located in northern England, Humberside was a county until it was abolished in 1996 and replaced with several unitary authorities, including Kingston upon Hull, East Riding of Yorkshire, North Lincolnshire and North East Lincolnshire. Although it may be gone in name, the communities in Humberside offer a variety of roles for those seeking Fractional Chief Procurement Officer positions.
Humberside was created in 1972 as part of the Local Government Act. Before this, the regions that made up the county had been based in a variety of sectors, including agriculture, shipbuilding and manufacturing. However, the county suffered due to its north and south sections being separated by the River Humber until the Humber Bridge was completed in 1981.
These days, the regions that once made up Humberside have gone through significant regeneration and have economies that are predominantly based in the service sector and tourism.
Hull is an important port town, both for cargo and ferries to Europe. It's also home to a number of chemical and pharmaceutical companies like Reckitt Benckiser, BP, Seven Seas and Smith & Nephew.
Meanwhile, Grimsby is known for its fishing and it sees a lot of containerised cargo enter its ports every year. The fish that comes into the town is processed here and both Young's Seafood and Findus produce fresh and frozen fish products.
Other companies based in Humberside, or with large facilities in the region, include Tata Steel, Corus, Singleton Birch, BOC, Nisa Today and Ericsson.
Popular locations
Fractional CPO jobs at Cast UK
Do you think businesses could benefit from your fractional CPO services? Have you got the skills and the determination to oversee a company’s procurement strategy on an interim basis? Employers want to hear from you, and so why not register online with Cast UK and let us know what you can bring to the table.
If your business’s procurement operation needs some genuine talent at the top and you don’t know where to look, Cast UK has the experience and the contacts to fill the position. We only deal with management and executive-level recruitment, so we can help you to procure the perfect candidate. Call us on 0333 121 3345 today or get in touch here.
Contact us