Procurement Manager - Raw Materials - THG Labs

Location: THG Labs, Frome, BA11 2FN

About THG Labs

THG acquired Acheson & Acheson in 2018 to bring full service, product development & manufacturing in-house to supply innovative branded and THG Beauty Brand products to the industry. In 2022 Acheson & Acheson became THG Labs. Capabilities include:

• In-house market knowledge & trends
• End-to-end service from idea generation through to manufacturing and launch
• Technical, commercial and production expertise
• Outstanding customer service

About the Procurement team and the Role

The Procurement Team involves strategically sourcing and managing raw materials, packaging, and other essential components for high-volume production. This includes developing procurement strategies, managing supplier relationships, ensuring cost-effective purchasing, and evaluating the end-to-end procurement process.

Effective procurement at THG Labs is crucial for meeting high consumer demand and navigating intense competition while maintaining profitability. 

This ensures that the organisation can consistently deliver high-quality products to major global brands, meeting their expectations & maintaining a competitive edge in the market.

Reporting to the Head of Beauty Procurement, the Procurement Manager will be responsible setting and delivering strategic targets for all Raw Materials, while developing a diverse supply chain which incorporates innovation, identifies and mitigates risk to spend and ensures clear reporting to stakeholders. The Procurement Manager will provide development and guidance to all members of the team, providing clear objectives and deliverables to support team performance.

As a Procurement Manager of Raw Materials you will:

• Develop procurement plans for NPD and new business to ensure competitive pricing and policy alignment.
• Mitigate supply chain risks for critical materials and escalate poor supplier performance.
• Approve deviations to WOB submissions before supplier onboarding.
• Set and review annual Opex budget; support strategic target setting.
• Forecast NPD calendar to anticipate and reduce supply chain risks.
• Drive procurement projects to enhance business commerciality and provide strategic support to the team.
• Engage suppliers continuously to identify trends and new product opportunities.
• Communicate effectively across teams and take clear, concise meeting notes.
• Promote a positive working environment and comply with health & safety measures:
  • Take reasonable care for personal and others’ safety.
  • Follow H&S training and report hazards or imminent dangers (“see it, report it”).
• Perform additional duties as required.

What skills and experience do I need for this role?

• Strong experience in procurement of raw materials (ideally within the Beauty industry but not essential)
• Strong negotiation and relationship management skills
• CIPS Diploma level 3 plus
• Excellent strategic thinking and problem-solving abilities
• Experience in managing procurement processes and systems
• Experience running and managing complex tenders
• High level of commercial acumen
• Highly competent negotiator
• Data analysis
• Knowledge in key commercial clauses

What's in it for me?

Career Development

• Access bespoke development programmes that have been designed and developed by our in-house L&D team.
• Continued development through our upskilling programme that is delivered in partnership with an industry-leading training provider.

Enhanced Leave

• 25 days annual leave plus bank holidays.
• Don’t want to work on your birthday? We don’t either! Enjoy your day off on us!
• Enhanced maternity and paternity pay, depending on length of service.
• Up to 10 days compassionate leave.
• Buy back up to 3 days each year.
• Unlock 2 days volunteer leave after 12-months.

Wellbeing Support

• Access face-to-face and virtual appointments with our in-house GP (Manchester Head Office).
• Access our 247 Employee Assistance Programme (EAP) which is provided by Bupa.
• State-of-the-art on-site gym (Manchester Head Office).
• Access to our on-site physio (Manchester Head Office).

Other Perks

• Save up to 12% on the cost of personal tech through our salary sacrifice scheme.
• Up to 50% staff discount on THG brands.
• On-site staff shop (Manchester Head Office).
• Access to on-site barber (Manchester Head Office).
• Know someone who would be perfect for THG? Refer them and get up to £1000 when they pass their probation.
• Anniversary gifts when you hit 5 and 10 years of service.