The Procurement Officer at the District Hotel is responsible for managing the procurement process to ensure the timely and efficient acquisition of goods and services. This includes conducting market research, identifying suppliers, negotiating contracts, and monitoring supplier performance. The Procurement Officer will utilize hospitality software to track and manage procurement activities, maintain accurate records, and collaborate with various departments to meet the hotel's procurement needs. Join our team and contribute to the smooth operation of the District Hotel by ensuring cost-effective and high-quality procurement processes.
Responsibilities
- Sourcing and Vendor Management: Identifying reliable suppliers, obtaining competitive quotes, and managing vendor relationships to ensure timely delivery of quality goods and services.
- Purchase Order Processing: Processing purchase orders, verifying specifications, and coordinating with stakeholders to ensure accurate and timely procurement of required items.
- Contract Management: Reviewing and negotiating contracts, ensuring compliance with legal and organizational requirements, and monitoring contract performance.
- Inventory Control: Monitoring inventory levels, conducting periodic audits, and implementing effective inventory management strategies to minimize stockouts and optimize inventory costs.
- Budgeting and Cost Control: Collaborating with finance teams to develop procurement budgets, monitoring expenses, and implementing cost-saving measures without compromising quality and service levels.
Must Have
- Procurement Expertise: In-depth knowledge and understanding of procurement principles, processes, and best practices.
- Negotiation Skills: Strong ability to negotiate favorable terms and conditions with suppliers to achieve cost savings and value for money.
- Analytical Thinking: Proficiency in analyzing procurement data, conducting cost analysis, and making data-driven decisions.
- Attention to Detail: Meticulousness in reviewing contracts, specifications, and purchase orders to ensure accuracy and compliance.
- Communication and Relationship Building: Effective communication skills to collaborate with stakeholders, build relationships with suppliers, and resolve any procurement-related issues.
Nice to Have
- Knowledge of Industry Trends: Awareness of emerging trends, technologies, and best practices in procurement to drive continuous improvement and innovation.
- Contract Law Understanding: Familiarity with contract law principles and legal frameworks to ensure compliance and mitigate risks in procurement contracts.
- Supplier Relationship Management: Ability to build strong relationships with suppliers, foster collaboration, and negotiate long-term partnerships for enhanced value and reliability.
- Project Management Skills: Proficiency in project management methodologies to effectively plan, execute, and monitor procurement projects and ensure their successful completion.
- Data Analysis Abilities: Competence in utilizing data analytics tools to analyze procurement data, identify patterns, and derive insights for informed decision-making and process optimization.