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 Torquay
Torquay is located on the East-facing coastal area of Devon, in the area called Torbay. Exeter is 17 miles (27 km) to the north and Plymouth is 27 miles (43 k) to the west. Torquay was a tiny fishing and farming village until the Napoleonic wars, when the Royal Navy would take anchor in the bay and the members of the upper ranks would often go to shore in the area. It soon gained a reputation as being a healthy place to stay and by the 19th century, just in time for the arrival of the railways it became a famous spa town and later, a tourist resort. Nowadays it has a static population of around 65,000 but in high season this can swell to 200,000, the size of a small city.
Tourist towns almost always have great logistical requirements, which is why Fractional Chief Procurement Officer jobs can sometimes become available in the town or the surrounding area. Torquay is not particularly industrialised, but there are several trading estates dotted around the outskirts. Plymouth and Exeter are better employers and are both nearby, which does make Torquay a popular commuter town, and people living there seeking non-tourism related work will often look north and west.
For its population, Torquay has produced a fair number of world-famous people. Top of the pile is thriller author Agatha Christie, for whom a mile of plaques, the “Agatha Christie Mile”, is dedicated. Peter Cook, one half of Pete and Dud, was born in the town, as was comedy actor Miranda Hart and model Lily Cole. Sketches of The Goodies and Monty Python’s Flying Circus were filmed there, and it was during one of the latter’s stays that the team happened upon a grumpy hotelier who became the inspiration for Basil Fawlty, TV’s most famous Torquay-based hotel owner.
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