Head of Procurement – Tech, Fintech and Digital Marketing at Farfetch

Porto, Porto District, Portugal

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Luxury Fashion, Technology, Fintech, Digital MarketingIndustries

Requirements

Not provided in the text - The job description does not list specific requirements

Responsibilities

People Leadership: Lead and inspire the team to deliver exceptional results, creating an environment where individuals are motivated to achieve their full potential. Grow the team through effective coaching, personal development, talent nurturing, and robust succession planning
Category & Contract Management: Lead the development of global category strategies and facilitate in-country and global delivery. Build programs of work that balance cost and service considerations, mitigate risk, and enable the delivery of wider business objectives. Identify and lead workshops to further develop strategy and initiatives, focusing on sourcing, procurement-led change, and contract management
Programme Delivery: Ensure the team's program of work is effectively governed and accurate at all times. Review and assess programs for alignment and appropriateness, ensuring a balanced pipeline of work that delivers financial plans. Balance program demand with resources and resolve conflicts related to program delivery
Senior Stakeholder Engagement: Acts as a lead point of contact with senior stakeholders, fostering effective and balanced relationships across the business

Skills

Procurement Strategy

Category Management

Contract Management

Stakeholder Engagement

People Leadership

Succession Planning

Sourcing

Risk Mitigation

Program Governance

Team Coaching

Farfetch

Online marketplace for luxury fashion items

About Farfetch

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

London, United KingdomHeadquarters

2007Year Founded

$682.9MTotal Funding

IPOCompany Stage

Consumer Software, Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Flexible Work Hours

Employee Pension Scheme

Risks

Increased competition from Mytheresa could impact Farfetch's market share.

Farfetch faces challenges in maintaining its presence in the Chinese market.

The sale to Coupang indicates potential financial instability for Farfetch.

Differentiation

Farfetch connects luxury brands and consumers through a unique online marketplace.

The platform offers modular, API-enabled technology for luxury fashion brands.

Farfetch provides commerce solutions, enhancing brands' online presence and sales.

Upsides

Virtual try-on technology is gaining popularity in luxury fashion.

Farfetch can capitalize on Yoox Net-A-Porter's exit from China.

Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

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