IHG

Global hotel company

Purchase Executive

Procurement & SourcingConfirmed live in the last 24 hours

Full-timeIndiaNo salary listedIn-person

About the Job

Requirements

A bachelor's degree, higher education qualification, or equivalent in Accounting or Finance is required.
Preferably 2 years of hotel purchasing experience or an equivalent combination of education and experience.
Must speak fluent English and the local language.

Responsibilities

Translate operating forecasts into material requirements plans and determine standard stock and reorder levels with department heads and management.
Source, negotiate, and purchase materials from local and overseas vendors.
Evaluate vendor quotations to ensure they align with the technical and commercial specifications required for projects.
Manage daily operational purchasing needs, including planning, issuing, and following up on purchase orders, deliveries, and shipment schedules.
Evaluate supplier performance against quality standards, delivery time, and pricing, and ensure organizational criteria and expectations are met.
Implement internal procurement strategies to meet high-delivery and short-lead-time requirements.
Participate in negotiations for service contracts.
Identify and develop reliable sources of supply.
Establish adequate record-keeping and issuance procedures.
Protect inventories from waste, spoilage, and theft.
Keep abreast of marketplace innovations and value.
Process purchase requests from departments.
Obtain competitive quotations and bids.
Work with the supervisor on manpower planning and management needs.
Undertake other assigned ad hoc duties.

Supervise systems and procedures to continually improve the supply chain process, ensure cost effective contracting of products and services, and promote compliance internally with established standards.

What is the job?

•Translates operating forecasts into material requirements plans and thereby determines standard stock and re-order levels with Department Heads and Management

•Responsible to source, negotiate and purchase materials from both local and oversea vendors.

•Evaluate vendor’s quotation to ensure that they are in line with the technical and commercial specifications required for the project.

•In charge of daily operational purchasing needs such as planning, issuing and following up on Purchase Orders delivery and shipment schedules

•Evaluate supplier performance based on quality standards, delivery time & best prices and ensure all the criteria are met according to the organizational requirements and expectation.

•Responsible for implementing internal procurement strategies to cater to high delivery and short lead time requirements.

•Participates in negotiations for service contracts

•Identifies and develops reliable sources of supply

•Establishes adequate record keeping and issuance procedures

•Protects inventories from waste, spoilage and theft

•Keeps abreast of the marketplace as to innovation and value

•Processes purchase requests from departments

•Obtains competitive quotations and bids

•Works with Superior on manpower planning and management needs

•Undertake any other ad-hoc duties as assigned

Accountability

This is the ground level assignment in the procurement function for a full-service hotel. Typically coordinates with a staff of professional and/or store /receiving operation positions

What we need from you

Bachelor’s degree / higher education qualification / equivalent in Accounting or Finance and preferably 2 years in hotel purchase experience or an equivalent combination of education and experience. Must speak fluent local language/English.

About the Company

IHG

Global hotel company

IHG is a global hospitality company operating and franchising a portfolio of hotel brands. The company supports hotel development, reservations, loyalty programs, revenue management, brand standards, technology, and guest services. It serves travelers, hotel owners, franchisees, corporate clients, loyalty members, and hospitality partners. Its operating model centers on a primarily franchised and managed hotel network connected through brands, distribution, commercial systems, and regional support. Teams work across hotel operations, development, revenue, technology, marketing, loyalty, finance, and owner support. Teams support coordinated daily delivery.

Company size: Not listed
Company stage: Not listed
Total funding: Not listed
Headquarters: Not listed
Founded: Not listed

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