Official Specifications
Role Overview & Mandate
Executive Summary
Our team of hundreds of skilled experts keep Formula 1 moving. You could play a vital part as a Junior Category Manager to support the...
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Our team of hundreds of skilled experts keep Formula 1 moving. You could play a vital part as a Junior Category Manager to support the sourcing, category and supplier management requirements within the Marketing categories.
Reporting into the Marketing Category Manager, you will:
- Work closely with the Marketing Category Manager in identifying opportunities for the short & medium term through the provision of insight via business feedback, analysis of procurement spend and supplier research
- Take ownership of transactional category relationships with the business and suppliers involved in categories such as stationary, corporate gifting and branded products, sustainability, sponsorship and marketing (this is not an exhaustive list);
- Support the Marketing Category Manager in conducting end to end Procurement Cycle activities including supplier research, issue of tender documentation and facilitation of supplier clarifications
- Negotiate with suppliers to ensure best value for the Formula One Group with robust terms & conditions that manages the Group’s risk appropriately and are in alignment with business needs
- Provide guidance to business where specifications required and ensure the final product is clear, unambiguous and meaningful to the marketplace
- Support the Category Lead where requested, and own the verification process of all Purchase Order Requisition’s (POR) within your sub-category and ensure that the businesses are compliant in their requests
Knowledge and Skills Required
- Ability to understand key contractual terms and to challenge suppliers where necessary to meet business objectives
- An understanding of Category management and its role within Procurement and the wider business
- Excellent communication with strong written and presentation skills
- Intermediate / Advanced Excel skills to create pivot tables & other data analysis insights to support the Marketing Category Manager in providing strategic direction
- Ability to influence and drive behavioral change both internally and with the supply chain
- Excellent interpersonal and stakeholder management skills
- Working knowledge of P2P systems
- To be self-motivated, work under own initiative and as part of a team
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