Director Of Purchasing | Luxury Hotel | Beverly Hills

The Director of Purchasing and Procurement is a key leadership role responsible for overseeing the strategic sourcing, procurement, and supply chain management activities for the hotel. This individual plays a critical role in ensuring the hotel's operational efficiency, cost-effectiveness, and adherence to quality standards by effectively managing the acquisition of goods and services.

Job duties include; although are not limited to:

Develop and implement a comprehensive purchasing and procurement strategy aligned with the hotel's overall goals and objectives.

Identify and evaluate potential suppliers, negotiate favorable terms, and establish contracts to secure a reliable and cost-effective supply chain.

Monitor market trends, industry best practices, and regulatory requirements to make informed decisions on purchasing strategies.

Collaborate with department heads and stakeholders to understand their specific procurement needs and requirements.

Lead a team of procurement professionals, providing guidance, coaching, and performance evaluations to ensure optimal performance.

Establish and maintain relationships with key suppliers, fostering long-term partnerships that support the hotel's success.

Oversee the procurement process, from requisition to delivery, to ensure timely and accurate fulfillment of orders.

Monitor inventory levels and optimize stock management to prevent overstocking or shortages while minimizing carrying costs.

Develop and implement cost-saving initiatives, such as bulk purchasing, vendor consolidation, and negotiation of favorable terms.

Maintain accurate procurement records and generate reports for management review, highlighting cost trends, savings, and supplier performance.

Ensure compliance with ethical and legal procurement practices, including vendor due diligence and adherence to applicable regulations.

Implement sustainable and environmentally responsible procurement practices where feasible.

Manage the budget for the purchasing and procurement department, ensuring financial targets are met.

Stay informed about emerging trends and technologies in procurement and supply chain management and assess their potential impact on the hotel's operations.

Provide leadership in fostering a culture of continuous improvement within the purchasing and procurement department.

Requirements

Bachelor's degree in Business Administration, Supply Chain Management, or a related field. Master's degree is a plus.

Proven experience (3-5 years) in a senior level purchasing and procurement role within the hospitality industry or a related field.

Strong negotiation skills and the ability to build and maintain effective supplier relationships.

Solid understanding of Birchstreet procurement software and systems.

Excellent analytical, problem-solving, and decision-making abilities.

Accounting knowledge or background would be ideal

Exceptional leadership and team management skills.

Detail-oriented with strong organizational skills.

Effective communication and interpersonal skills.

Proficiency in Microsoft Office Suite.

Prolonged periods of sitting at a desk and working on a computer.

Prolonged periods of standing

Must be able to lift 15 pounds at times.

Benefits

Competitive Salary

Medical/Dental/Vision Insurance

Company matched 401(k) plan

Company matched Health Savings Plan

Flexible Spending

Paid Holidays

Paid Time Off

Paid Sick Leave

Employee Assistance Program

Parking

Employee Recognition Programs

Colleague meals

Colleague Referral Incentive program

EOECompetitive Salary

Medical/Dental/Vision Insurance

Company matched 401(k) plan

Company matched Health Savings Plan

Flexible Spending

Paid Holidays

Paid Time Off

Paid Sick Leave

Employee Assistance Program

Parking

Employee Recognition Programs

Colleague meals

Colleague Referral Incentive program

EOE