Purchase Executive

IHG Hotels & Resorts; Bengaluru; On-site; INR 400,000 - 700,000; Full time

Job summary

IHG Hotels & Resorts in Bengaluru is seeking a procurement professional to supervise material planning and vendor negotiations for hotel operations. You will translate forecasts into material requirements and manage end-to-end purchasing with local and overseas suppliers.

The role requires a Bachelor’s degree in Accounting or Finance and about two years in hotel purchasing, with fluency in English and local languages. On-site role with opportunities to optimize procurement processes.

Qualifications

• Bachelor’s degree or higher in Accounting/Finance or equivalent.
• Hotel purchasing experience preferred (2 years).
• Fluent in local language and English.

Responsibilities

• Translates operating forecasts into material requirements and determines stock levels with department heads.
• Sources, negotiates and purchases materials from local and overseas vendors.
• Evaluates supplier quotations to meet technical and commercial specs.
• Manages purchase orders, delivery and shipment schedules.
• Assesses supplier performance on quality, delivery, and price.

Skills

Procurement

Vendor negotiation

Sourcing

Supply chain planning

Inventory control

Education

Bachelor’s degree in Accounting or Finance

Job description

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.