Purchasing Manager (Saudi National)

Job Description

As Purchasing Manager at Faena Red Sea, you will play a pivotal role in ensuring this standard-leading procurement with precision, negotiating strategically, and ensuring every department is fully supported to deliver world class service.

Key Responsibilities

• Develop, implement, and manage the hotel's purchasing strategy to ensure best value and quality
• Source, evaluate, and select suppliers, negotiating contracts and prices as necessary
• Manage and maintain relationships with existing suppliers, ensuring timely delivery and quality of goods and services
• Conduct market research and analyze market trends to identify opportunities for cost savings and process improvements
• Collaborate with department heads to identify purchasing needs and develop specifications for goods and services
• Ensure compliance with hotel policies, procedures, and regulatory requirements
• Analyze and report on purchasing performance, identifying areas for improvement and implementing corrective actions
• Develop and manage the purchasing budget, ensuring alignment with the hotel's business objectives
• Lead and develop the purchasing team, providing guidance, training, and support as necessary
• Monitor inventory levels, ensuring efficiency, zero waste, and readiness for both planned and unexpected demand.
• Collaborate with Finance on spend analysis, cost control, and budget optimization without compromising quality.
• Ensure compliance with corporate policies, local regulations, and Faena brand standards.
• Champion sustainable and eco conscious sourcing, elevating our commitment to environmental responsibility.

Qualifications

• Bachelor's degree in Purchasing, Supply Chain Management, or related field
• Minimum 3-5 years of purchasing experience in a hospitality or related industry
• Proven track record of cost savings and process improvements
• Strong track record in premium sourcing, supplier management, and contract negotiation
• Expertise in procurement systems (Birchstreet), inventory management, and reporting
• Fluency in English (Arabic is a plus)
• Exceptional financial and analytical skills, with the ability to transform data into strategy
• Strong analytical and problem solving skills

Ability to work in a fast paced environment and prioritize multiple tasks and deadlines

Additional Information

FAENA The Red Sea is set to become a world class destination, offering luxury accommodations, unparalleled service, and extraordinary experiences. As a member of our team, you will play a pivotal role in shaping and building the teams that will bring this iconic brand to life and ensure the continued success of the property.

If you are looking to make a significant impact on an ambitious, high profile project and are excited to help shape the future of FAENA The Red Sea, we invite you to apply for this exceptional opportunity.