Purchase Team Leader - Hospitality Background

Updated: April 21, 2024 09:09 PM GMT

Hyatt Hotels Corporation

Ballari, Karnataka

• Procurement Strategy: Develop and execute procurement strategies aligned with the hotel's objectives, ensuring cost-effectiveness and quality standards.
• Supplier Management: Identify, evaluate, and onboard suppliers/vendors who can provide high-quality products and services required by the hotel. Maintain positive relationships with suppliers to ensure timely delivery and favorable terms.
• Inventory Management: Oversee inventory levels of goods and supplies, ensuring adequate stock levels while minimizing excess or obsolete inventory. Implement inventory control measures to reduce waste and optimize costs.
• Budgeting and Cost Control: Work closely with the finance department to develop and manage the procurement budget. Monitor expenditures, negotiate favorable terms with suppliers, and identify opportunities for cost savings without compromising quality.
• Sourcing and Negotiation: Research market trends, source new products, and negotiate contracts and pricing with suppliers... More Detail