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Category Manager

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Formula 1

2mo ago

  • Job
    Full-time
    Senior Level
  • Logistics
  • Quick Apply

AI generated summary

  • You need 5+ years in procurement, MCIPS, expertise in contract drafting, strategic sourcing, stakeholder management, P2P systems, and strong communication skills for a dynamic environment.
  • You will manage sourcing and supplier relationships, negotiate contracts, collaborate on project plans, ensure compliance, and enhance procurement processes across various categories.

Requirements

  • Expertise in drafting and negotiating robust and detailed contracts to meet business objectives including Framework Agreements/MSAs, Statements of Work, and associated KPIs/SLAs, along with any additional relevant performance tracking requirements.
  • Expert knowledge and experience of the strategic sourcing of goods throughout the world.
  • Excellent communication with strong written and presentation skills and an engaging style.
  • Ability to drive strategic initiatives through the full life cycle, managing effective communication across senior levels of the organisation, often under challenging timeframes.
  • Experience of generating fact-based insights through analysis using tools and techniques to provide strategic direction, including competency using Excel / pivot tables.
  • Ability to influence and drive behavioural change both internally and throughout the supply chain.
  • Excellent interpersonal and stakeholder management skills, up to C Suite, and ability to challenge difficult stakeholders when appropriate. Ability to pivot where directed or necessary between business priorities in a fast-moving environment.
  • Working knowledge of P2P and Procurement systems, preferably Microsoft D365 and Medius.
  • To be self-motivated, work under own initiative and to work well as part of a team.
  • Ability to work confidently when processes are not fully defined, or in an environment where there are ambiguities.
  • Minimum of 5 years procurement experience at a Category Manager level position within a demanding project-driven environment.
  • MCIPS required as a minimum.
  • Experience of managing contracts across goods, high value agreements with global suppliers.
  • Experience of setting up, managing, and calling off from Framework agreements and Statement of Works.

Responsibilities

  • Strategic Sourcing & Supplier Management
  • Engage with new and existing suppliers to ensure robust commercial and contractual agreements.
  • Identify and deliver sourcing opportunities through spend analysis and market research.
  • Negotiate bespoke contract terms and statements of work to support risk and commercial priorities.
  • Project Planning & Execution
  • Collaborate with project teams to align procurement plans with logistics transformation goals.
  • Create and socialize project plans using spend data and analysis.
  • Engineering & Specifications
  • Interpret and apply engineering drawings and technical specifications in procurement decisions.
  • Work closely with engineering teams to ensure sourced goods meet performance and quality standards.
  • Support supplier qualification and product validation processes.
  • Manufacturing & Goods Supply
  • Manage procurement activities related to the manufacture and supply of goods across various categories.
  • Apply generalist procurement knowledge to support sourcing decisions across both logistics and manufacturing domains.
  • Contract & Risk Management
  • Draft and manage contracts including Framework Agreements, MSAs, and Statements of Work.
  • Ensure contracts include KPIs, SLAs, and performance tracking requirements.
  • Stakeholder Engagement
  • Develop effective relationships with internal stakeholders including PMO, Finance, Legal, Health & Safety, Strategy, and Compliance.
  • Influence and drive behavioral change across the organisation and supply chain.
  • Process Improvement & Compliance
  • Continuously improve procurement processes to enhance efficiency and best practices.
  • Support supplier due diligence and ensure adherence to SOX and financial obligations.

FAQs

What is the main focus of the Category Manager role at Formula 1?

The main focus is to lead sourcing and contract initiatives within F1’s global logistics transformation programme, specifically supporting the transition from airfreight to sea freight while ensuring cost-effective and sustainable supply solutions.

What qualifications are required for this position?

A minimum of 5 years procurement experience at a Category Manager level, MCIPS certification, and experience managing contracts with global suppliers are required for this position.

What skills are essential for the Category Manager role?

Essential skills include expertise in contract drafting and negotiation, strong communication skills, stakeholder management, analytical abilities, and the capability to drive strategic initiatives effectively.

Are there opportunities for professional development within the role?

Yes, employees have access to in-house Learning and Development resources for training and development opportunities related to their role.

What kind of benefits does Formula 1 offer to its employees?

Benefits include a private healthcare scheme, dental care, Grand Prix paddock passes, enhanced family leave policies, a free shuttle service, healthy snacks, subsidized canteen, annual leave, and discounts on merchandise and experiences.

Is experience in logistics important for this position?

Yes, experience in a logistics-focused procurement environment is crucial for successfully executing the role’s responsibilities related to sourcing and supply chain management.

What departments will the Category Manager collaborate with?

The Category Manager will work closely with various internal stakeholders, including PMO, Finance, Legal, Health & Safety, Strategy, and Compliance.

What software or systems knowledge is preferred for applicants?

A working knowledge of P2P and Procurement systems, preferably Microsoft D365 and Medius, is preferred for applicants.

What type of environment can a Category Manager expect to work in?

The work environment is dynamic and fast-paced, requiring the ability to adapt to changing priorities and work under challenging timeframes.

How does Formula 1 support work-life balance for employees?

Formula 1 offers 25 days of annual leave, 8 Bank Holidays, and a Christmas period closure, as well as enhanced family planning policies to support work-life balance.

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Formula 1

Unleash Your Inner Drive

Entertainment & Media
Industry
501-1000
Employees

Mission & Purpose

Formula 1® is the greatest racing spectacle on the planet, with more than half a billion fans following its unrivalled mix of guts, grit and glory world-wide. But F1 is also a team of brilliant individuals, working together to deliver the global phenomenon to the masses. So what do we do at the race? Our most visible activity is just that – visuals. At each event, we provide the technical infrastructure needed to deliver timing services, on board cameras, data acquisition, production of the international TV feed, as well as post-production of content across each grand prix weekend and the official F1 App and F1TV. Over each race weekend, we analyse and monitor data, provide content for our social media and digital platforms and support the live broadcast back in our Remote Operation Centre, based in our Media and Technology Centre. Behind the scenes, there’s so much more going on. Trackside, we provide exceptional hospitality programmes for guests to get up close and personal to the sport and its stars. We look after trackside advertising, graphics, and organise and facilitate the hugely popular FanZones. Meanwhile, back at ‘home’ - we’re busy prepping for the next races and creating innovative content ideas and building new networks to bring the excitement of Formula 1 racing to new fans across the globe.