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 Wigan
Wigan could be the archetypal northern town, fulfilling practically every stereotype people might have of the region. It was a relatively sleepy farming and market town in between the minor cities of Manchester and Liverpool and then along came the Industrial revolution and everything changed. While most northern towns had a single trade, be it coal, mills, glass or engineering, Wigan got a bit of everything, particularly the first two. The canals and railways came to town and the population exploded, and Wigan became a real powerhouse in the region, with an estimated thousand mines running simultaneously.
And then, true to the script, the town went into decline as manufacturing went abroad or the demand for its produce waned. But the population of Wigan weren’t cowed by this. They diversified and the town is still thriving to this day. The Tote, Heinz, JJB Sports and Chinamex all have a presence here, and it’s also the home of Uncle Joe’s mintballs!
The town, which is situated between the M61 and the M6, has good shopping and employment, and has a lively entertainment sector, with revellers travelling miles for its night life. It also boasts two top-flight sports clubs: Wigan Athletic Football Club and the rugby league club Wigan Warriors. Ukulele and saucy song maestro George Formby was born in Wigan, as was 80s pop sensation Limahl (he of Kajagoogoo fame, not one of the other Limahls) and the band The Verve. Much-missed actor Roy Kinnear was born there too.
With great links to the major North West cities and towns, an active population of approaching 300,000 throughout the borough and a diverse employment status, Wigan is a great place to find a Fractional Chief Procurement Officer position.
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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.
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