Category Intelligence and Optimisation Lead

Job description

Entity: Technology Job Family Group: Procurement & Supply Chain Management Group Job Description: The Category Intelligence and Optimization Lead is responsible for identifying actionable category insights that drive procurement strategies and help make decisions which align with business needs. You will demonstrate advanced analytics to uncover trends, identify cost-saving opportunities, and support BP's global procurement initiatives by providing data-driven insights that align with business requirements, regulatory compliance and shifting market conditions. Key Accountabilities In this role, you will be responsible for improving internal and external data sources to create insights and seeing opportunities to re-negotiate commercial or contractual terms, and presenting impact of changing market patterns towards category strategy. You will work cross-functionally within the Procurement organizations to bring actionable insights to the Category team. Conduct detailed analysis of demand, consumption, and market patterns to identify trends and opportunities that are relevant to the category team Identify cost-saving opportunities and areas for continuous improvement including improving supplier performance and reducing supply or contractual risk. Collaborate with category managers to translate insights into critical initiatives and monitor the impact of implemented strategies to ensure continuous improvement Provide regular reports and updates on market conditions and their potential impact on procurement activities Facilitate cross-functional collaboration to ensure insights are effectively integrated into procurement strategies Establish self as the Category subject matter expert on procurement analytics and data science. Implement standards and innovative approaches to enhance the effectiveness of analytics efforts! Essential Education: An undergraduate degree (ideally in procurement or business) or equivalent experience. Minimum 8 years professional experience in Indirect Procurement is required. Ability to communicate and influence across different levels in the organisation Engaging and collaborative way of working Resilient and experienced in working in multidimensional environment Essential Experience and Job Requirements: Business Requirements Analysis- Use understanding of stakeholder strategy and category knowledge to develop a viable, long term view of business requirements. Product & Market Intelligence- Uses deep knowledge of supply markets to create strong sourcing solutions. Uses supply market insights to determine future sourcing strategies for the business. Networks internally and externally and stay up to date via industry publications, conferences, and events. Mentors and coach’s category managers / specialists / analysts / lead in the use of analytical tools. Leads governance discussions with executive sponsors regarding progress and business results. Relationship Management- Takes full ownership of engagement issues with stakeholders, monitors relationships and acts on relevant feedback. Category Spend Profiling- Develops insights on spend profiles that result in elimination of non-value add spend within the category. Identifies key external and environmental drivers and uses this to recommend sourcing initiatives. Contract Management- Manage contracts to optimally control spend, reduce risk, avoid supplier driven scope creep. Manages BP’s and supplier’s compliance to the contract and proactively resolves issues before they become major problems. Supplier Relationship Management- Works collaboratively with suppliers. Links value proposition to strategic objectives. Value Creation & Management- Develops opportunities that provide mutual value and drive competitive advantage. Challenges suppliers to generate value-based solutions that deliver improved business results. Cost Modelling- Proposes internal and external solutions to reduce costs over the life of the purchase and implements solutions as agreed. Influencing- Proactively handles a wide range of stakeholders to overcome resistance and achieve a successful result from projects. Varies communication to address specific stakeholder needs and to gain commitment and support. Innovation- Experiments with new insights. Brings together the creative ideas into a detailed approach or solution, seeking better solutions for new requirements. Analytical Thinking- Applies analytical techniques to solve complex problems. Identifies, evaluates, and makes clear recommendations based on analysis. People Management: Demonstrated ability to lead and support a team within a cross-functional project environment, with a strong attention to detail and timelines. At bp, we provide the following environment and benefits to you: A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued Possibility to join our social communities and networks Learning opportunities and other development opportunities to craft your career path Life and health insurance, medical care package And many other benefits. We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform crucial job functions, and receive other benefits and privileges of employment. Travel Requirement No travel is expected with this role Relocation Assistance: This role is not eligible for relocation Remote Type: This position is a hybrid of office/remote working Skills: . Legal Disclaimer: We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us . If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.