FAQs
What is the main purpose of the Lead Buyer position?
The main purpose of the Lead Buyer position is to support the successful delivery of the AMP8 procurement programme by collaborating with Category Managers, Buyers, and various stakeholders to procure and oversee goods, works, and service agreements while influencing business change and improvements.
What are the key accountabilities of a Lead Buyer?
Key accountabilities include developing category plans and sourcing strategies, ensuring regulatory and contractual compliance, managing supplier performance, supporting stakeholder engagement, providing procurement support, and mitigating commercial risks.
What experience is required for the Lead Buyer role?
A minimum of 3 years of relevant experience in procurement is required, along with knowledge of category management processes and the procurement life-cycle.
What qualifications or certifications are preferred for this position?
The desirable criteria include Chartered Membership of a relevant institution (e.g., Chartered Institute of Purchasing & Supply), a working knowledge of regulated procurement and contract law, and preferably being CIPS qualified or working towards a CIPS qualification.
Who will the Lead Buyer work with in their role?
The Lead Buyer will work closely with Category Managers, Buyers, the wider Commercial team, operational stakeholders, and external stakeholders to achieve procurement objectives.
What skills are essential for the Lead Buyer position?
Essential skills include effective communication, commercial negotiation, problem resolution, and the ability to work collaboratively with different stakeholders to support commercial proposals.
How does the Lead Buyer contribute to risk management?
The Lead Buyer proactively supports the management and mitigation of commercial risks by ensuring compliance, managing supplier contracts, and collaborating across departments to align with business strategies.
What is the role of the Lead Buyer in supplier management?
The Lead Buyer is responsible for managing supplier contracts, ensuring performance meets expectations, and acting as the first point of contact for queries within the category.
What are the main tools and methodologies that a Lead Buyer needs to be familiar with?
A Lead Buyer needs to be familiar with key category management processes, tools, and methodologies used throughout the procurement life-cycle.
What are the chances for career progression from the Lead Buyer role?
The Lead Buyer role can provide a pathway to more senior positions within procurement and commercial management, especially with the experience and skills gained in this role.
How does the Lead Buyer ensure value for money for UU?
The Lead Buyer supports the development of category plans and sourcing strategies, engages with stakeholders for alignment, and is responsible for evaluating and awarding contracts to ensure optimum value for money.