Procurement Manager

apartmentGrand Hyatt placeDubai calendar_month 

Job Description

Organization- Grand Hyatt Dubai

Summary
  • 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.
Qualifications
  • Bachelors degree in business, law, supply chain management, or a related field.
  • Minimum 57 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.
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