Procurement Manager
Hyatt
Date: 3 weeks ago
City: Dubai
Contract type: Full time
- 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.
- 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.
- 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.
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