Procurement Manager

1 week ago

faridabad, India ITC Hotels Limited Full time

Role Overview The Procurement Manager will lead and manage centralized procurement operations for ITC Hotels, ensuring cost-effective, compliant, and uninterrupted supply of goods and services across all units. The role is responsible for developing sourcing strategies, managing supplier partnerships, driving efficiencies, and strengthening procurement governance at a corporate level.Key Responsibilitiesinclude but are not limited to: As the central procurement lead, partner with hotel units and corporate stakeholders to understand requirements and deliver standardized and efficient procurement solutions. Drive end-to-end procurement lifecycle (requisition to payment), including supplier identification, specification finalization, quotation management, negotiations, approvals, rate contracts, purchase orders, and coordination with finance and receiving teams. Develop and manage strategic supplier relationships, including product development, quality assurance, bulk sourcing, and timely deliveries across units. Track market trends, pricing movements, and supply risks to ensure competitiveness, cost optimization, and sustained savings. Conduct periodic supplier performance reviews to ensure quality, service levels, and continuity of supply. Collate and analyze procurement data from multiple hotels to support reporting, planning, and performance evaluation. Drive adoption of standardized procurement systems, processes, and policies across all units, ensuring audit readiness and compliance with regulatory and third-party requirements (FSSAI, ISO, Risk Management, Customs, etc.). Stay updated on industry best practices, sustainability norms, digital procurement tools, and regulatory changes relevant to hospitality procurement.Qualifications & Experience Graduate in any discipline; MBA / Supply Chain / Engineering preferred. 12–15 years of hands-on procurement experience within the hospitality industry, with strong exposure to operational categories, including F&B. Proven expertise in strategic sourcing, contract negotiations, and supplier management at scale. Strong stakeholder management and communication skills, with the ability to work across multiple units and functions. High proficiency in data collation, analysis, reporting, and procurement planning. Experience with e-Procurement platforms and strong working knowledge of MS Office tools. Strong understanding of procurement-related laws, taxation, sustainability, and ethical sourcing practices.This role will be based at the ITC Hotels Corporate Office, ITC Green Centre, Gurugram.

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