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  3. Procurement Portfolio Manager
Octopus Energy logo

Procurement Portfolio Manager

Octopus Energy
Leicester (GB), United Kingdom
Full Time
Posted January 13, 2026
£100 - £100/mo
Energy Management
Remote
This role may have expired~64 people viewed this recently
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Application opens on company website

Job Description

Help us make a big green dent in the universe.

Key Responsibilities

  • 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.

Requirements

  • 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.

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