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Procurement Portfolio Manager

Octopus Energy· Supply Chain & Logistics
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Hybrid (Leicester, GB)Full-timePosted 9mo ago

About the role

Role focusing on end-to-end procurement accountability for one residential low-carbon technology category (Heat Pumps, EV Chargers, or Solar & Battery Storage) with direct impact on install revenue, hardware margin, and supply continuity within Octopus Energy Services.

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.

Qualifications

  • 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.
  • 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.
  • Prioritisation under load.
  • Willingness to travel to suppliers and manufacturing sites, including international travel to key production regions - around one week per month on average.

Skills

Required:End-to-end procurementCategory strategySupplier negotiation
Nice to have:S&OP / Materials planning

Benefits

  • Salary flexible according to experience (not advertised upfront).
  • UK perks hub - Octopus Employee Benefits
  • Autonomy and co-ownership culture with opportunities to work on high-impact projects
  • Recognition for strong performance and a supportive interview process
Last updated Oct 21, 2026. Interested? Apply on the company site.

About Octopus Energy

The UK's most awarded energy supplier

Cheaper, greener energy, heat pumps, solar panels, batteries and electric vehicles from Britain's most awarded energy supplier. One of Europe's largest investors in renewable energy. Switch today.

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