Procurement Manager - Hospitality Manager
Procurement Manager - Hospitality Manager
Posted on :
28-05-2025
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1 Vacancy
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Job Description
Overview
The Procurement Manager from Hospitality background plays a crucial role in ensuring that an organization effectively sources and acquires goods and services essential for operational efficiency and success. This position is vital in developing and implementing procurement strategies that align with the organizations objectives and budget constraints. It requires a keen understanding of market trends negotiation tactics and strong analytical skills to evaluate suppliers manage contracts and implement cost-saving measures. The Procurement Manager oversees the procurement team fostering a culture of excellence in supplier relationships and compliance with company policies. By strategically managing the procurement processes the Procurement Manager not only supports the companys operational needs but also contributes to sustainability initiatives and overall business growth.
Key Responsibilities
- Develop and implement procurement strategies aligned with organizational goals.
- Manage supplier relationships to ensure quality and delivery standards are met.
- Conduct market research to identify potential suppliers and evaluate pricing.
- Negotiate contracts and agreements with suppliers to secure advantageous terms.
- Oversee the procurement team and ensure effective collaboration and communication.
- Monitor supplier performance and compliance with contract terms.
- Prepare and maintain procurement budgets to ensure cost-effectiveness.
- Analyze procurement data and performance metrics to identify areas for improvement.
- Ensure adherence to company policies and procedures regarding procurement activities.
- Implement best practices in procurement processes and sustainability measures.
- Coordinate with other departments to forecast purchasing needs and trends.
- Develop and maintain procurement documentation and records.
- Review and approve purchase orders and procurement requests.
- Train and mentor procurement staff to enhance team capabilities.
- Stay updated on industry trends and market changes affecting procurement.
Required Qualifications
- Bachelor s degree in Supply Chain Management Business Administration or related field.
- Minimum of 5 years of experience in procurement or supply chain management.
- Proven experience in vendor negotiation and contract management.
- Strong analytical skills with a focus on data interpretation and decision-making.
- Excellent organizational and time management abilities.
- Knowledge of procurement software and tools.
- Ability to work independently and collaboratively in a team environment.
- Strong communication and interpersonal skills.
- Proficient in Microsoft Office Suite especially Excel.
- Certifications such as CPIM or CIPS are an advantage.
- Understanding of legal regulations related to procurement.
- Experience in managing a team of procurement professionals.
- Ability to identify cost-saving opportunities effectively.
- Proficient in negotiating terms and pricing with diverse suppliers.
- Able to analyze and report on procurement activities.
procurement strategies,supplier relationship management,budget management,organizational skills,procurement software,time management,analytical thinking,negotiation skills,sustainability initiatives,interpersonal skills,relationship building,procurement team management,supplier management,project management,cost reduction,supplier performance monitoring,market research,data analysis,microsoft office suite,contract management,contract negotiation
Employment Type
Full Time
Key Skills
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