Procurement Manager at IBIC Investment Holdings

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
88460
Job Views
100

Job Description



Job Overview



  • As the Procurement Manager, you will be responsible for overseeing the sourcing, purchasing, and inventory management of all goods and services required for the efficient operation of our hospitality establishment.

  • This role ensures that procurement activities are aligned with the our standards of quality, cost-efficiency, and timely delivery.

  • The ideal candidate will have extensive experience in procurement and inventory management within the hospitality industry.


Key Responsibilities

Procurement Strategy and Operations:



  • Develop and implement procurement strategies to ensure cost-effective sourcing of high-quality products and services.

  • Establish and maintain relationships with suppliers, vendors, and service providers.

  • Negotiate contracts, pricing, terms, and delivery schedules with suppliers.

  • Ensure compliance with legal and regulatory requirements in procurement activities.


Inventory Management:



  • Oversee inventory management processes, including ordering, receiving, storing, and distributing supplies.

  • Develop and implement inventory control systems to optimize stock levels and reduce waste.

  • Conduct regular inventory audits and reconcile discrepancies.

  • Monitor and forecast inventory needs based on hotel occupancy and event schedules.


Cost Control and Budgeting:



  • Prepare and manage the procurement budget, ensuring adherence to financial targets.

  • Identify cost-saving opportunities without compromising quality and service standards.

  • Analyze market trends and conditions to anticipate potential pricing fluctuations.


Quality Assurance:



  • Ensure that all procured items meet the hotel’s quality standards and specifications.

  • Coordinate with department heads to understand their specific needs and preferences.

  • Address and resolve any issues related to product quality or supplier performance.


Supplier Relationship Management:



  • Evaluate and select suppliers based on quality, reliability, and cost-effectiveness.

  • Maintain a preferred supplier list and periodically review supplier performance.

  • Foster strong working relationships with key suppliers to secure favorable terms and reliable service.


Reporting and Documentation:



  • Maintain accurate records of all procurement activities, contracts, and transactions.

  • Prepare regular reports on procurement activities, inventory status, and cost analysis.

  • Utilize procurement software and tools to streamline processes and improve efficiency.


Team Leadership:



  • Lead and manage the procurement team, providing guidance, training, and support.

  • Foster a collaborative and proactive team environment focused on continuous improvement.


Qualifications



  • Bachelor's Degree in Supply Chain Management, Business Administration, Hospitality Management, or a related field.

  • Minimum of 5 years of experience in procurement, preferably within the hospitality industry.

  • Strong knowledge of inventory management principles and practices.

  • Proven negotiation skills and experience in contract management.

  • Excellent organizational and multitasking abilities.

  • Proficiency in procurement software and Microsoft Office Suite.

  • Strong analytical and problem-solving skills.

  • Excellent communication and interpersonal skills.

  • Ability to work under pressure and meet tight deadlines.


Additional Requirements:



  • Flexibility to work occasional evenings, weekends, and holidays as needed.

  • Knowledge of sustainable and ethical sourcing practices is a plus.

  • Professional certification (e.g., CPP, CPIM, CSCP) is an advantage.


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