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.
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.
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.
A town located in Hertfordshire, Watford is just 18 miles from London and is a busy area with many opportunities for those seeking Chief Procurement Officer roles.
It also boasts easy access to the capital - via overground trains or the Metropolitan underground line - making it perfect for those who want to work in London, but live away from the hustle and bustle of the big city.
Situated on the River Colne, Watford is thought to have originated during the Saxon period and was mainly an agricultural area until the Industrial Revolution. Thanks to the completion of the Grand Union Canal in 1798 and the London and Birmingham Railway in 1837, the city quickly began to expand.
During this period, manufacturing became an important part of the local economy, particularly paper-making, printing and brewing.
For most of the 20th century, a Rolls-Royce factory was located in Watford, which was responsible for manufacturing jet engines. This site was shut down in the early 1990s and re-born as the world-famous Leavesden Film Studios, which has been used for work on blockbuster franchises like James Bond, Star Wars and Harry Potter.
In line with the rest of the country, the service sector has taken over in Watford during the last 20 years and the city is now home to various multimedia companies. What's more, a number of large companies have the headquarters here - including Mothercare, Hilton and JD Wetherspoons.
To find out more about the Chief Procurement Officer opportunities in Watford or elsewhere in the country, contact Cast UK today.
Our team of regional experts have significant knowledge of the procurement, logistics and supply chain vacancies in their areas of expertise and they can provide the advice and assistance you need to secure a role that suits your skills and qualifications.
To find out more about how Cast UK can help you find and recruit candidates within Watford or source a new job in Watford then contact one of our consultant team on 0333 121 3345.
As a candidate, our consultants work to ensure your next role adheres to all of your requirements, taking the time to discuss your career aspirations, long-term goals, suitable opportunities, and compatible businesses.