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Procurement & Vendor Management Specialist

Company: Highgate Hotels New York Corporate Office
Location: New York
Posted on: May 28, 2023

Job Description:

Highgate Hotels

Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu, with a rapidly expanding presence in Europe, Latin America, and the Caribbean. Highgate's portfolio of global properties represents an aggregate asset value exceeding $20B and generates over $5B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Highgate also has the creativity and bandwidth to develop bespoke hotel brands and utilizes industry leading proprietary revenue management tools that identify and predict evolving market dynamics to drive out performance and maximize asset value. With an executive team consisting of some of the industry's most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in London, New York, Dallas, and Seattle.www.highgate.com

Location

Highgate Corporate Office New York City, NY

Overview

The Procurement & Vendor Management Specialist will lead the development and execution of strategies for spending, pricing and vendor selection that drive toward enhanced value and breakthrough savings. This role reports to the Vice President of Operational Strategy & Integration. The Analyst is responsible for managing a group of categories, suppliers and contracts related to the support of customer programs, initiatives, and projects. This role will actively manage planning and execution of initiatives that result in successful contracts that support the needs of our hotels. The Analyst will oversee a portfolio of contracts and ensure the suppliers meets their contract commitments and that hotels' needs are being met

Responsibilities


- Provides subject matter expertise and detailed analysis from the procurement perspective and establishes best-in-class class procurement processes.
- Showcase keen business development skills to determine and execute comprehensive solutions to meet short-term and long-term supply chain management requirements.
- Perform in depth analysis, interpret data and present results into actionable steps to senior leadership.
- Collaborate with key internal and external stakeholders in the successful execution of activities related to implementing contracts and projects.
- Understands and challenges technical specifications, commercial & operational practices, and business processes with a focus on driving cost reduction initiatives
- Identifies and develops new/current suppliers who have the capacity and capability to meet the cost quality and service needs of the business.
- Collaborates with the business on the development and reporting of KPIs. Administer supplier assessments and other analytics to manage supplier performance. Communicates with the supply chain on all pertinent issues and expedites as required.
- Monitors and manages supplier service performance and ensures sourcing decisions are consistent with company objectives.
- Responsible for commercial terms of contract lifecycle process.
- Partners with the Legal team for contract review and execution.
- Performs additional ad hoc projects and supports other categories as required.
- Maintain a strong working relationship with Accounting, Operations, and Operations Procurement to ensure seamless integration between departments.

Keywords: Highgate Hotels New York Corporate Office, New York , Procurement & Vendor Management Specialist, Executive , New York, New York

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