Procurement Manager

Job description / Role

Employment: Full Time

• Lead and manage the overall procurement function to ensure cost-effective, timely, and high-quality sourcing of goods and services.
• Develop and implement procurement strategies aligned with company objectives and brand standards.
• Oversee contract negotiations, supplier selection, and performance evaluations to secure optimal commercial terms.
• Ensure full compliance with legal requirements, company policies, and ethical standards.
• Monitor market trends to identify new sourcing opportunities and mitigate supply risks.
• Supervise and develop the procurement team, ensuring adherence to processes and continuous improvement.
• Coordinate with senior management and all operational departments to support business needs and project requirements.
• Prepare and present procurement reports, analysis, and recommendations to leadership for strategic decisions.

Key Performance Indicators (KPIs):

• Achievement of cost savings and optimization of procurement spend.
• Supplier performance and compliance with quality standards.
• Effective risk mitigation and adherence to company and legal requirements.
• Timely execution of strategic contracts and major projects.
• Team performance and development outcomes.

• Bachelor's degree in business, law, supply chain management, or a related field.
• Minimum 5-7 years' experience in procurement and contract management (legal background preferred), ideally within a multinational hospitality.
• Strong expertise in reviewing and negotiating contracts, identifying risks, and ensuring compliance.
• Excellent knowledge of contract law, procurement regulations, and ethical sourcing practices.
• Exceptional leadership and communication skills, with the ability to manage stakeholders effectively and prepare clear Minutes of Meetings (MoM).
• Strong analytical and problem-solving abilities to assess risks, monitor performance, and drive improvements.
• Proficient in procurement systems, contract management software, and Microsoft Office; excellent presentation skills.

About the Company

In 1968, Hyatt International was formed and subsequently became a separate public company. Hyatt Corporation and Hyatt International Corporation were taken private by the Pritzker family business interests in 1979 and 1982, respectively. On December 31, 2004, substantially all of the hospitality assets owned by Pritzker family business interests, including Hyatt Corporation and Hyatt International Corporation, were consolidated under a single entity, now Hyatt Hotels Corporation.

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