FAQs
What are the primary responsibilities of the Procurement Manager at Selfridges?
The Procurement Manager is responsible for developing commercial solutions, managing multiple procurement projects, engaging with stakeholders, negotiating contracts, delivering cost savings, and overseeing supplier performance.
What qualifications are required for the Procurement Manager position?
A degree level education or CIPS qualification is preferred, along with a proven track record in procurement management and strong negotiation skills.
Is experience in a specific industry necessary for this role?
While experience in retail or a similar fast-paced service environment is preferred, a strong background in procurement management across various sectors may also be considered.
How does the Procurement Manager support stakeholders?
The Procurement Manager acts as a critical business partner by challenging and supporting stakeholders, ensuring procurement strategies align with overall business goals, and maintaining relationships to meet business needs.
What skills are essential for success in this role?
Essential skills include strong stakeholder management, effective negotiation and influencing abilities, analytical skills, team orientation, and the ability to manage multiple projects simultaneously.
How does the Procurement Manager ensure cost-saving opportunities are identified?
The Procurement Manager identifies, implements, and reports on cost-saving and waste-reduction opportunities, while managing demand to identify potential cost actions.
Is prior experience with supplier relationship management necessary?
Yes, effective supplier performance management is a key aspect of the role, and having a deep understanding of Supplier Relationship Management best practices is advantageous.
What tools and software should a Procurement Manager be proficient in?
Proficiency in Microsoft Excel and other MS Office applications (e.g., Word, PowerPoint) is essential, especially for creating and managing complex tenders and benchmarking exercises.
How does the Procurement Manager interact with the finance team?
The Procurement Manager effectively manages the relationship with the finance team regarding budgets, cost savings, consumption, and spend reduction targets and reports.
Does the role require a collaborative approach with team members?
Yes, collaboration is essential, and the Procurement Manager is expected to encourage teamwork, adherence to procedures, and a seamless service delivery to internal customers.