Purchasing Manager

About the Role

The Purchasing Manager is responsible for managing and supporting the procurement of inventory and non-inventory operational, food and beverage products, supplies, equipment, and services necessary for property operation.

Responsibilities

• Identify, evaluate, and select suppliers based on quality, reliability, cost-effectiveness, and adherence to ethical and sustainability standards.
• Negotiate contracts and terms with suppliers to ensure favorable pricing, payment terms, and mutually beneficial agreements.
• Source and negotiate with potential suppliers, assess their capabilities, and evaluate their suitability based on predefined criteria.
• Manage supplier relationships, including regular communication, performance evaluations, and issue resolution.
• Conduct market research and analysis to stay updated on industry trends, supplier capabilities, and pricing fluctuations.
• Provide support and build internal customer relationships with property staff, collaborating on procurement planning, drafting RFP documents, proposal review and evaluation, negotiation, and technical aspects of contract administration and compliance.
• Support and assist the Director/Head of Purchasing with the implementation of information systems to enhance procurement functions, including development of associated policies, procedures, and performance metrics to streamline processes and enhance efficiency.
• Implement sustainable and socially responsible strategic sourcing practices, including supporting local and diverse suppliers and promoting ethical sourcing.
• Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to purchasing and sourcing activities.

Requirements

• Bachelor's degree in supply chain management, business administration, or a related field and 5+ years of full-time administrative and/or professional level experience, 3 years of which were in a team management capacity. Equivalent combination of formal education and appropriate related experience may be considered.
• Self-starter with an analytical mind, excellent communication, and interpersonal skills.
• In-depth knowledge of procurement principles, strategies, and best practices.
• Experience in implementing sustainable and socially responsible procurement practices.
• Strong skills in budgeting, cost optimization, and negotiation techniques.
• Ability to work collaboratively with cross-functional teams.
• Motivate team by inspiring positive communication to work together toward achieving goals.
• Proficiency in automated procure-to-pay software solutions and tools, such as punch-outs, electronic data interchange (EDIs), contract, and vendor management.
• Knowledge of RedRock and Stratton Warren procurement software is a plus.
• Knowledge of industry-specific regulations and compliance requirements.
• Proficiency in data analysis and reporting tools.
• Detail-oriented with strong organizational and time management abilities.
• Must be at least 21 years of age.
• Ability to read and communicate verbally in English.
• Position requires some travel.