Procurement Portfolio Manager
octoenergy
Leicester (GB)
Posted Jan 13, 2026
- Full-time
- Remote
- Octopus Energy Services 🧰
Job description
### Help us make a big green dent in the universe. We are on a mission to drive the global renewable energy revolution, and we need talented people to help make our vision a reality. ### We are spearheading the transition to greener, cheaper energy through the installation of in-home technologies, from smart meters and electric vehicle chargers to low-carbon heating, home batteries, and solar PV. Harnessing our technology platform, we deliver smart energy solutions that help decarbonise homes worldwide. ### This role sits at the commercial heart of that mission. As a Procurement Manager, you'll own end-to-end procurement accountability for one of our critical residential low-carbon technology categories, with direct impact on install revenue, hardware margin, supply continuity, and the pace at which we decarbonise homes at scale. ### What you'll do - Own end-to-end procurement accountability for one of our residential low-carbon technology categories - Heat Pumps, EV Chargers, or Solar & Battery Storage - a strategically critical spend portfolio directly linked to £100M+ in revenue. - Build and deliver a category strategy that improves hardware margin through strategic sourcing, supplier renegotiation, direct sourcing expansion, value engineering, and tail spend control - contributing to a stretching multi-year cost reduction commitment tracked monthly against P&L. - Secure supply continuity through dual-source arrangements, removing single points of failure, and proactive supplier risk management. - Own supplier commercial performance and governance across your category: contract negotiation and renewal, supplier segmentation, monthly and quarterly business reviews on strategic partners, and clear escalation ownership when things move. - Partner closely with our Planning function through weekly Materials Reviews and S&OP forums, ensuring inbound material availability is planned and executed against a single integrated operational plan, and variances are managed commercial. - Partner with Technical, Operations, Finance, Commercial, and Product to land new product introductions, improve working capital, and develop creative commercial solutions that give customers better products at lower cost. ### What you'll need - Commercial and supplier-facing experience in direct procurement, ideally within residential low-carbon technology (heat pumps, solar, battery, EV) or adjacent categories such as HVAC, white goods, or building products. - Proven track record of leading end-to-end sourcing and delivering multi-million pound cost reduction against committed targets in supplier-facing commercial roles. - Genuine commercial sharpness. You understand supplier P&Ls, cost breakdowns, market drivers, and where commercial leverage exists. You can spot shifts in input costs, capacity, or supplier risk early and turn that judgment into commercial action. - Direct experience of low-cost country sourcing including Asian supply markets. - Self-directing. Comfortable owning your category with clear commercial outcomes rather than close oversight. - Resilience and non-conformist instincts. We push boundaries, challenge market norms, and take routes others won't. - Prioritisation under load. You'll balance category strategy, live supplier issues, cross-functional projects, and transformation contribution. - Willingness to travel to suppliers and manufacturing sites, including international travel to key production regions - expect around one week per month on average, weighted toward supplier engagement, factory audits, and category development.