Purchase Executive

InterContinental Hotels Group; Bengaluru; On-site; INR 350,000 - 550,000; Full time

Job summary

InterContinental Hotels Group in Bengaluru seeks a procurement professional to oversee hotel purchasing, forecasting, vendor sourcing and negotiation, ensuring timely delivery and cost efficiency across local and overseas suppliers.

Role requires a bachelor’s degree in Accounting or Finance with hotel purchasing experience; fluent English and local language skills are essential for effective coordination with department heads and suppliers.

Qualifications

• Bachelor’s degree in Accounting or Finance; 2 years hotel purchase experience preferred.
• Experience in sourcing, negotiating and purchasing materials from local/overseas vendors.
• Fluent in English; local language fluency required.

Responsibilities

• Translate operating forecasts into material requirements plans and determine stock levels with Department Heads and Management.
• Source, negotiate and purchase materials from local and overseas vendors.
• Evaluate vendor quotations to ensure they meet technical and commercial specs for the project.
• Manage daily purchasing needs: plan, issue and follow up on Purchase Orders, delivery and shipment schedules.
• Evaluate supplier performance based on quality, delivery, price and compliance with standards.
• Implement internal procurement strategies for high delivery and short lead times.
• 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 the marketplace for innovation and value.
• Process purchase requests from departments.
• Obtain competitive quotations and bids.
• Coordinate with Superior on manpower planning and management needs.
• Undertake any other ad-hoc duties as assigned.

Skills

Procurement

Negotiation

Sourcing

Vendor management

Inventory control

Planning

Purchase orders

Cost optimization

English proficiency

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 overseas 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.