Purchasing Manager
2 weeks ago
The Purchasing Manager at Hyatt Regency Lake Tahoe is responsible for overseeing the procurement of goods and services essential for our hotel's operations. This role is crucial for developing purchasing strategies, managing supplier relationships, ensuring cost-effective buying decisions, and maintaining optimal inventory levels to meet the operational needs and enhance guest satisfaction.
Key Responsibilities:
Procurement Management
- Develop and implement purchasing strategies that ensure cost-effective procurement of all hotel supplies and services.
- Negotiate contracts with suppliers to secure the best prices, terms, and quality of goods and services.
- Maintain accurate records of purchases, pricing, and other essential data.
- Collaborate with various hotel departments to understand their needs and ensure the timely delivery of goods and services.
- Build and maintain strong relationships with suppliers and vendors.
- Assess vendor performance regularly and resolve any issues or disputes swiftly.
- Actively seek new suppliers to improve product quality and variety, with a focus on enhancing DE&I vendor partnerships.
- Monitor inventory levels to prevent overstocking or shortages.
- Implement and uphold inventory control procedures to minimize waste and loss.
- Conduct regular inventory audits and ensure accurate reporting.
- Collaborate with the Executive Chef and Director of Food and Beverage to review and order necessary items.
- Analyze purchasing data to identify opportunities for cost savings.
- Prepare and manage budgets and forecasts for procurement and inventory.
- Approve purchase orders and invoices and keep track of vendor credits.
- Ensure all purchasing activities comply with hotel policies, industry regulations, and legal requirements.
- Maintain up-to-date documentation for all procurement activities.
- Generate reports and provide insights to management on purchasing trends, supplier performance, and inventory levels.
- Bachelor's degree in business administration, Supply Chain Management, Hospitality Management, or a related field preferred.
- Proven experience as a Purchasing Manager/Director or in a similar role, ideally in the hospitality industry.
- Familiarity with basic accounting procedures.
- Strong negotiation skills and experience managing vendor relationships.
- Excellent organizational and analytical skills.
- Proficiency in procurement software, Birchstreet knowledge preferred.
- Proficient in Microsoft Office applications (Word, Excel, etc.).
- Strong verbal and written communication skills; capable of working effectively with diverse teams.
- Ability to lift, pull, and push moderate weights.
- Opportunity to influence operational excellence in a premier resort setting.
- A dynamic and supportive work environment that fosters professional growth.
- Competitive salary and benefits package.
Hyatt Regency Lake Tahoe is enhancing our operational capabilities, and the addition of a skilled Purchasing Manager will help us continue to exceed guest expectations. This is an excellent opportunity for a motivated procurement professional to make a significant impact.
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