At a Glance
- Tasks: Manage procurement activities for airport lounges and hotels, from planning to delivery.
- Company: Join Plaza Premium Lounge, a leader in hospitality and travel experiences.
- Benefits: Enjoy competitive pay, career growth opportunities, and a dynamic work environment.
- Why this job: Be part of a team that drives innovation and value in the hospitality industry.
- Qualifications: 4+ years in sourcing and procurement; degree in Business or Finance preferred.
- Other info: Work in a multicultural environment with opportunities for professional development.
The predicted salary is between 36000 - 60000 £ per year.
ORGANIZATION STRUCTURE
Business: Plaza Premium Lounge (UK) Limited
Position: Procurement Executive (Operation Procurement)
Department: Finance
Reporting to: Procurement Manager
JOB SCOPE
Responsible for the entire procurement activities from strategic planning to implementation of analysis, pricing, selection, delivery and risk mitigation for existing / new airport Lounges, Hotels outlets in UK. Conduct the acquisition and evaluation of proposals for products, systems and services on group-wide basis with stakeholders to achieve optimal results in quality, total cost, and completion time.
JOB RESPONSIBILITIES:
- Serve as a business partner to Business Unit key stakeholders by identifying their critical business requirements and providing Sourcing & Procurement services to meet/exceed their expectations.
- Build/establish strategic relationships with key suppliers to drive enhanced value and innovation.
- Provide rigorous cost and market analysis following the models established by Strategic Sourcing focusing on the total cost of ownership.
- Prepare for and execute clear, structured negotiations following the Strategic Sourcing process.
- Manage e-Procurement catalog content development, coordinated with International and Global teams.
- Provide and lead Strategic procurement services that provide low cost/best value to constituents while considering impact on operations, customers and competitors.
- Implement cost effective technologies to increase transaction efficiencies and drive down overall cost of procurement.
- Ensure consistent application of procurement processes across constituent groups.
- Identify, develop and deploy best practice supplier management, procurement and supply chain practices.
- Drive internal skill/capability development to broaden and build staff skill sets.
- Institutionalize procurement performance measures that demonstrate value and ensure supplier performance.
- Responsible for the creation and execution of annual operating plans and strategic sourcing plan.
- Work with finance and business teams to have an annual and long-term plans and strategy for the requisite categories.
- Ensure compliance, cost savings and performance measures are established, tracked and achieved.
- Demonstrate exemplary integrity and ethics in all instances.
JOB REQUIREMENTS:
Experience and Professional Qualifications Required
- 4+ years relevant working experience in leading Sourcing & Procurement organization, Hospitality, Co-working, F&B Industry, Technology or service-oriented company are preferred.
- Diploma or degree in Business or Finance.
- CPM, CIPs, EIPM or similar certification is preferable.
- Internal/external business consulting experience desired.
- Experience working in a multinational environment.
- Experience in managing a cross functional team.
Skills Required
- Fluent in English.
- Excellent stakeholder influencing skills.
- Advanced analytical skills to support complex financial modeling.
- Experience in problem solving and analytical methods is critical.
- Strong written and communication skills.
- Strong negotiation skills.
- Category Management expertise.
- Experience with CheckSCM or other ERP (e.g. SAP, ARIBA, Coupa).
- Strong expertise in using MS Office, Word, Excel & PowerPoint.
- Ability to work in a team environment.
- Ability to interact with employees at all levels.
- Ability/desire to work in a multi-cultural, multi territory environment.
Competencies Required
- Thinks Strategically: Develops clear and consistent strategies to achieve the vision; Leverages synergy opportunities across functions and businesses; Examines issues from a broad perspective, considering impact beyond immediate scope; Stays current on business issues, industry trends, and technology advances.
- Thinks Builds Relationships: Engages colleagues across the organization to optimize performance; Manages the needs of diverse stakeholders; Facilitates win-win situations.
- Communicates Effectively: Obtains full engagement through inspiring communications; Provides appropriate rationale and context to drive commitment; Effectively persuades others to support ideas and plans; Listens and asks questions to ensure understanding.
- Drives Results: Translates strategy into specific priorities, objectives, and action plans; Manages projects, processes and resources to produce desired outcomes; Uses technology to facilitate better results; Analyses data and information to drive decisions.
- Inspires Creativity and Innovation: Proactively looks for new opportunities; Transfers ideas and successes across boundaries; Challenges the status quo; Champions Change; Articulates a compelling business case for change; Supports new initiatives; Demonstrates flexibility in response to changes.
- Builds Teams: Provides challenging work assignments and developmental opportunities; Recognises and rewards the achievements of others.
- Exhibits Professional Excellence: Pursues excellence with integrity, passion and courage; Shows consistency in words and actions; Treats others with respect.
Procurement Executive employer: Plaza Premium Group
Contact Detail:
Plaza Premium Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Executive
✨Tip Number 1
Network with professionals in the procurement and hospitality sectors. Attend industry events or join relevant online forums to connect with potential colleagues and mentors who can provide insights into the role and company culture.
✨Tip Number 2
Familiarise yourself with the latest trends in procurement technology and practices, especially those related to e-Procurement and ERP systems like SAP or Coupa. This knowledge will demonstrate your commitment to efficiency and innovation during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed supplier relationships or driven cost savings in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
✨Tip Number 4
Research Plaza Premium Lounge and its operations thoroughly. Understand their business model, values, and recent developments to tailor your discussions and show genuine interest in contributing to their success.
We think you need these skills to ace Procurement Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and sourcing, especially in the hospitality or service-oriented sectors. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the procurement process and your ability to build strategic relationships with suppliers. Mention specific examples of how you've driven cost savings or improved procurement processes in previous roles.
Highlight Relevant Skills: Emphasise your analytical skills, negotiation abilities, and experience with ERP systems like SAP or ARIBA. These are crucial for the Procurement Executive role and should be clearly stated in your application.
Showcase Your Strategic Thinking: In your application, provide examples of how you've developed and implemented strategies in past roles. This could include managing cross-functional teams or driving innovation in procurement practices.
How to prepare for a job interview at Plaza Premium Group
✨Understand the Procurement Process
Make sure you have a solid grasp of the entire procurement process, from strategic planning to implementation. Be prepared to discuss how you would approach each stage and provide examples from your past experience.
✨Showcase Your Analytical Skills
As a Procurement Executive, strong analytical skills are crucial. Be ready to demonstrate your ability to conduct cost and market analysis, and share specific instances where your analytical skills led to successful outcomes.
✨Highlight Stakeholder Management Experience
This role requires excellent stakeholder influencing skills. Prepare to discuss how you've built relationships with key stakeholders in previous roles and how you ensured their needs were met through effective procurement strategies.
✨Prepare for Negotiation Scenarios
Negotiation is a key part of this role. Think of examples where you've successfully negotiated terms with suppliers or partners. Be ready to discuss your negotiation style and how you achieve win-win outcomes.