Director of Procurement
4 days ago
**Position Overview**
The Director of Procurement is accountable for overseeing vendor performance, enforcing price controls, and managing inventory flow. This role involves streamlining purchasing processes to enhance efficiency, ensuring a seamless supply chain within the organization, and formulating procurement strategies to support optimal service delivery and operations. Additionally, the individual is tasked with evaluating potential risks and implementing new policies and regulatory requirements across the company.
At Capella Hotel Singapore, the Director of Procurement leads all procurement activities, including strategy development and execution, supplier relationship management, contract negotiations, and project-specific procurement initiatives. The individual ensures compliance with all relevant regulations and strict adherence to Capella Hotel Group's policies and procedures.
**The Role**
**Strategic Planning & Management**
- Develop and implement procurement strategies aligned with organizational goals
- Monitor market trends to forecast demand and pricing
- Establish long-term purchasing plans to ensure continuity of supply
- Align procurement goals with operational needs across departments
**Vendor & Supplier Management**
- Source, evaluate, and select vendors based on quality, pricing, reliability, and compliance
- Build and maintain strong supplier relationships
- Conduct regular vendor performance reviews
- Negotiate contracts and service level agreements (SLAs)
**Cost & Inventory Control**
- Ensure cost-effective purchasing without compromising on quality
- Monitor and maintain appropriate inventory levels
- Implement cost-saving initiatives and value engineering efforts
- Oversee inventory audits and reconciliations
**Policy, Compliance & Risk Management**
- Ensure procurement activities comply with internal policies and legal regulations
- Assess procurement risks and develop mitigation strategies
- Lead the implementation of new procurement policies and procedures
- Ensure ethical sourcing practices and sustainability compliance
**Team Leadership & Development**
- Lead and mentor the procurement team.
- Delegate tasks effectively and monitor progress.
- Conduct performance evaluations and recommend training opportunities.
- Foster a culture of continuous improvement and collaboration.
**Operational Procurement**
- Oversee the procurement process for all hotel departments including Food & Beverage, Housekeeping, Maintenance, and IT
- Manage project-specific procurement (e.g., renovations, new installations)
- Coordinate with finance for budgeting and payment approvals
- Track purchase orders and delivery timelines
**Reporting & Analysis**
- Prepare regular procurement reports for senior management
- Analyze spend data to identify trends and areas for improvement
- Use KPIs to measure procurement performance and supplier effectiveness
- Recommend improvements based on data-driven insights
**Talent Profile**:
- Diploma in Supply Chain Management or a relevant related field
- Minimum 5 years of experience in similar capacity
- Prior experience in managing a team
- Prior experience in project management
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