Purchasing Manager

Description:The new Hyatt RegencyFriscoisseekingYOU to be a part of our exciting pre-opening team!Hyatt Regency Frisco is conveniently located 25 minutes north of the Dallas with 301 guestrooms and 27,500 square feet of event space. The 18-story new-build hotel is situated in the heart of Frisco, TX at theStonebriarCentre.  Just steps from Dr. Pepper Stadium, FC Dallas / Toyota Stadium, Frisco Discovery Center, many entertainment choices and dining options.Not only will Hyatt Regency Frisco be an exceptional place to work, the DFW Metroplex is an amazing place to live and your next BIG adventure is here! Whether you’re a sports fan or ready to hit the town and explore the best in arts, culture and dining, the DFW Metroplex has something for everyone. Let the bold, vibrant spirit of the DFW Metroplex, with a touch of Texas charm be your new home. Explore the destination guides below to learn more and learn all about what DFW has to offer.Click here at https://issuu.com/web-media-group/docs/destinationdfwissue12019emag for the DFW Destination Guide!Click here at https://www.visitfrisco.com/ for Visit Frisco!At Hyatt, we believe our guests select Hyatt because of our caring and attentive colleagues who are focused on providing efficient service and meaningful experiences.This position will be responsible for the pre-opening activities for the Hyatt RegencyFrisco, which iscurrently under construction. As amember of the pre-opening team, one must be resourceful, flexible and able to adapt to unusual and unexpected events and outcomes while remaining professional and focused on the job at hand.This position reports to theArea Director of Finance.Manage all aspects of purchasing to efficiently and cost-effectively support organizational operationsResponsibilities

establish and implement purchasing policies, procedures and best practices

monitor ongoing compliance with purchasing policies and procedures

direct procurement policies to ensure all items are purchased and delivered within budget and time constraintsidentify and source new suppliers and vendors

manage vendor and supplier selection process based on price, quality, support, capacity and reliability

develop and maintain strategic relationships with key suppliers and vendors

establish and update an approved vendor/supplier database

develop, negotiate and administer purchasing agreements and contracts with suppliers in support of organizational requirements

evaluate contracts to ensure compliance with legal requirements and organizational policies

monitor supplier and vendor compliance with contractual agreements

measure and manage the vendor and supplier cost, quality and delivery performance

oversee supplier compliance with internal quality standards and external regulations

troubleshoot cost, quality and delivery concerns

manage risk relating to quality, cost, delivery and supply of purchases

introduce performance improvement measures for suppliers and vendors

work with relevant departments to manage inventory requirements

facilitate timely placement of purchase orders

review purchase orders for proper authorization and compliance with organizational policy and procedures

develop and manage purchasing budgets and forecasts

monitor and reduce purchase variances to meet profit objectives

produce regular reports on purchase commitments, costs and delivery performance

oversee the operations and daily activities of the purchasing department

performance manage, develop and motivate purchasing staff

direct continuous improvement of purchasing processes in line with changing organizational needs and market conditions

Education and Experience

college degree in business, materials management, operations management, engineering or related field ispreferred

experience in purchasing and procurement

supervisory experience

working knowledge of project management principles and practices

working knowledge of all laws and regulations relating to procurement and contracts

knowledge of purchasing and supply chain systems,

financial acumen

high competency level in MS Office application

Primary Location: US-TX-FriscoOrganization: Hyatt Regency FriscoPay Basis: YearlyJob Level: Full-timeJob: Procurement and PurchasingReq ID: FRI000024Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law.