**Procurement Category Manager**
**About the role**
Come aboard our team as a Procurement Category Manager and assume responsibility for supporting the sourcing, purchasing, and supplier relationships within designated goods or services categories. Your duties will involve improving contract and vendor management practices in collaboration with Youi business and contract owners. Engage in market analysis, develop sourcing strategies, conduct negotiations, and collaborate with internal stakeholders to optimise procurement processes.
In response to regulatory changes (CPS230), we are expanding our team to meet increased workload demands, primarily within the corporate realm. This role is situated at our headquarters on the Sunshine Coast and will entail close collaboration with the Head of Corporate Procurement.
We value strong negotiation skills, experience in engaging with people, and adept stakeholder management abilities. Pragmatic, lateral thinking, autonomy, proactivity, and innovative thinking are essential for meeting varied and frequent deadlines.
If this sounds like you, we would love to hear from you
Key priorities:
- Category Strategy Development: Develop and implement comprehensive category strategies aligned with organisational objectives, considering factors such as cost reduction, risk management, and supplier diversity.
- Supplier Management: Support the identification, evaluation, and onboarding of suppliers; negotiating contracts; and maintain relationships to ensure the availability of high-quality goods or services at competitive prices whilst managing suppler performance.
- Contract Negotiation: Lead negotiations with suppliers to secure favourable terms and conditions, including pricing, delivery schedules, quality standards, and service level agreements.
- Cost Management: Monitor and analyse category spend, identify cost-saving opportunities, and implement measures to optimise procurement costs while maintaining quality standards.
- Risk Management: Assess and mitigate risks related to suppliers, market volatility, regulatory compliance, and other factors that may impact category performance.
- Collaboration: Collaborate with cross-functional teams, including finance, legal, operations, and other stakeholders, to ensure alignment of procurement activities with overall business objectives.
- Continuous Improvement: Drive continuous improvement initiatives within the procurement function, including process enhancements, technology adoption, and best practices sharing.
- Compliance: Ensure compliance with internal procurement policies, industry regulations, regulatory obligations (such as CPS230 and CPS234), ethical standards (including Modern Slavery), and sustainability requirements throughout the procurement process.
- Stakeholder engagement: High level of stakeholder management to provide governance assurance and / or support Third-Party supplier engagement and performance management.
**About you**
You will:
- Ideally, possess a Bachelor's degree in a Business-related discipline, Supply Chain Management, or a related field, though equivalent experience will also be considered.
- Prior experience within the Financial Services and/or Insurance sectors is highly desirable.
- A proven track record in procurement, sourcing, or supply chain management, with suitable experience in a comparable role, demonstrating competence and proficiency (5 year's is a general indicator).
- Possess outstanding negotiation and contract management skills, supported by a history of achieving significant cost savings and fostering improved supplier relationships.
- Strong interpersonal and communication abilities are essential, facilitating effective relationship-building and collaboration with both internal and external stakeholders.
- Possess comprehensive knowledge of procurement best practices, market dynamics, and relevant regulatory requirements pertaining to assigned categories.
- Willingness to travel occasionally for supplier visits, conferences, or training programs, reflecting a commitment to ongoing professional development.
- Ability to thrive independently within a fast-paced environment, adept at managing multiple priorities and meeting deadlines.
- A pragmatic and practical thinker, with a keen cost-consciousness and commercial acumen when pursuing desired outcomes.
- Capable of assessing risks and implementing measured responses to effectively address and resolve incidents.
- Maintain an engaging and positive attitude, coupled with a problem-solving mindset conducive to collaborative work across multiple teams.
**How to apply**
No agencies currently, thanks; we have this one covered.
**About Youi**
At Youi, we don't believe in conforming to the status quo. We're not your typical insurance company - and that goes for our approach to both selling insurance and hiring our team. With over 1,800 employees, we have ambitious goals to keep growing and continue delivering awesome ins