Procurement Manager job at Arcadia Suites Hotel | Apply Now

Strategic Planning: Develop and implement procurement strategies aligned with the overall goals and objectives of the organization.

Supplier Management: Identify, evaluate, and select suppliers. Negotiate contracts, terms, and conditions with suppliers to ensure favorable pricing, quality, and delivery terms.

Vendor Relationship Management: Maintain strong relationships with suppliers to foster collaboration, address issues, and drive continuous improvement.

Budgeting and Cost Control: Develop procurement budgets and monitor expenses. Implement cost-saving initiatives and strategies to optimize procurement processes.

Sourcing and Purchasing: Oversee the sourcing and purchasing of goods and services required by the organization. Ensure timely and cost-effective procurement of materials, equipment, and services.

Contract Management: Manage contracts throughout their lifecycle, including drafting, reviewing, and enforcing contract terms and conditions.

Risk Management: Identify and mitigate procurement risks, such as supply chain disruptions, price fluctuations, and quality issues.

Compliance and Legal: Ensure compliance with relevant laws, regulations, and internal policies. Stay updated on changes in procurement regulations and industry best practices.

Inventory Management: Coordinate with inventory and warehouse teams to optimize inventory levels and minimize stockouts and excess inventory.

Performance Measurement and Reporting: Establish key performance indicators (KPIs) to measure the effectiveness of procurement processes. Prepare reports and dashboards to communicate procurement performance to stakeholders.

Team Leadership: Lead and develop a team of procurement professionals. Provide guidance, training, and support to ensure the team achieves its objectives.

Continuous Improvement: Continuously assess and improve procurement processes, systems, and workflows to enhance efficiency, reduce costs, and drive innovation.