Procurement Manager

Grand Hyatt

Employer Active

Posted 12 hrs ago

Experience

5 - 7 Years

Education

Any Graduation()

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Organization- Grand Hyatt DubaiSummary 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 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.

Company Industry

Department / Functional Area

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