Head of Group Procurement (EE)

SUMMARY:
Our client in the Insurance industry, based in Centurion, is currently looking to employ a Head of Group Procurement (EE). 

Please note that this is a hybrid position with the possibility of travel. 

POSITION INFO:
Requirements:

• Bachelor's degree in Business, Finance, or Supply Chain Management; a postgraduate qualification is advantageous.
• Professional qualifications such as the Certificate in Advanced Programme in Supply Chain Management or CIPS (Chartered Institute of Procurement and Supply) certification are preferred.
• Minimum 8+ years of experience in procurement, with exposure to digital transformation and preferential procurement.
• Solid understanding of B-BBEE legislation and financial sector procurement frameworks.
• Strong leadership and negotiation skills, with the ability to manage risk and compliance.
• Proven track record in e-commerce or online procurement management is highly desirable.
• Financial Services/insurance sector experience advantageous.

• Lead the development and continuous refinement of procurement frameworks, policies, and processes to align with the Group's strategic objectives.
• Drive the digital transformation of procurement processes, with a focus on automation, data analytics, and enhancing user experiences through digital platforms.
• Implement strategies that optimize the procurement lifecycle, from sourcing to contract management, ensuring alignment with business needs and compliance with regulatory standards.

• Identify and manage strategic supplier relationships, negotiating contracts that maximize value, reduce risks, and foster long-term partnerships.
• Lead the sourcing and onboarding of suppliers, ensuring alignment with the Group's procurement policies and B-BBEE requirements.
• Develop a robust supplier database and continuously refine the Preferred Vendor List to enhance supplier performance and meet Group transformation targets.

• Oversee the implementation of procurement compliance policies including adherence to B-BBEE standards, the Financial Sector Charter Code, and other regulatory frameworks.
• Conduct regular risk assessments to ensure that procurement activities are compliant with legal, financial, and operational standards.
• Collaborate with business units to ensure procurement activities minimize risks and drive compliance, while supporting transformation initiatives.

• Lead the Group's digital procurement transformation initiatives, driving the adoption of new technologies and methodologies that improve process efficiency and performance.
• Develop and implement an Online Shop strategy to enhance user engagement, streamline procurement processes, and optimize product/service offerings.
• Conduct market research to stay ahead of procurement trends and technologies, ensuring the Group maintains a competitive edge.

• Utilize advanced analytics to monitor procurement activities, supplier performance, and category management, enabling data-driven decision-making to optimize cost savings and efficiency.
• Provide actionable insights and regular reporting on procurement metrics, supplier performance, and compliance status to senior management and relevant committees.
• Implement continuous process improvements based on data analysis, driving innovation and efficiency within the procurement function.

• Identify and nurture emerging B-BBEE suppliers as part of the Group's ESD strategy, creating opportunities for supplier growth and integration into the Group's supply chain.
• Lead focused interventions with suppliers and business stakeholders to support enterprise and supplier development targets.
• Ensure that ESD initiatives align with the Group's overall business strategy and contribute to long-term procurement transformation.

• Develop and implement the Group's preferential procurement strategy, ensuring ongoing compliance with B-BBEE requirements and Group transformation targets.
• Educate and guide business units on B-BBEE principles, working closely with stakeholders to meet compliance goals and improve vendor diversity.
• Oversee the calculation and reporting of B-BBEE scores, working with internal and external parties to ensure accurate tracking and achievement of Level 1 status.

• Serve as an advisor to internal stakeholders, providing expert guidance on strategic sourcing, supplier management and procurement best practices.
• Build collaborative relationships across business units, ensuring that procurement is seen as a value-adding function.
• Lead cross-functional teams and engage with external stakeholders to support procurement initiatives.

• Identify opportunities for process optimization and system enhancements within procurement operations.
• Drive innovation within the procurement function.