VP, Sourcing Operations & Corporate Procurement

Welcome to Wyndham Hotel Group, where we are constantly striving to provide exceptional hospitality experiences for our guests. We are currently seeking a driven and experienced VP of Sourcing Operations & Corporate Procurement to join our team and help us achieve our goals.As the VP of Sourcing Operations & Corporate Procurement, you will play a critical role in our organization by overseeing all aspects of sourcing and procurement for our entire portfolio of hotels. From developing and implementing strategic sourcing initiatives to managing vendor relationships and negotiating contracts, you will be responsible for ensuring the most efficient and cost-effective procurement practices for our company.To excel in this role, you must have a strong background in procurement and sourcing operations, as well as a deep understanding of the hospitality industry. You should be a natural leader with excellent communication and negotiation skills, and the ability to build and maintain relationships with internal and external stakeholders. A proven track record of driving cost savings and process improvements is also required.If you are a dynamic and results-driven professional with a passion for the hospitality industry, we invite you to join our team and make a significant impact on our company's success.

1. Develop and implement strategic sourcing initiatives to support the overall goals and objectives of the company.
2. Manage and oversee all aspects of procurement for the entire portfolio of hotels, including vendor selection, negotiation, and contract management.
3. Continuously evaluate and improve procurement processes to ensure efficiency and cost-effectiveness.
4. Build and maintain strong relationships with internal stakeholders, such as senior management, department heads, and hotel managers, to understand their needs and ensure their satisfaction.
5. Collaborate with external stakeholders, such as vendors and suppliers, to negotiate favorable terms and pricing.
6. Develop and maintain a vendor management program, including performance evaluations and contract compliance.
7. Monitor market trends and industry developments to identify potential cost-saving opportunities and recommend appropriate sourcing strategies.
8. Develop and manage the procurement budget, ensuring that all expenses are within budget and aligned with company goals.
9. Lead and mentor a team of procurement professionals, providing guidance and support to ensure their success and professional development.
10. Communicate regularly with senior management to provide updates on procurement activities, cost savings, and potential risks.
11. Ensure compliance with all company policies, procedures, and ethical standards in all procurement activities.
12. Stay up-to-date with industry best practices and regulations related to procurement operations.
13. Represent the company in external procurement-related meetings, conferences, and events.
14. Work closely with the finance department to track and report on procurement expenses and savings.
15. Collaborate with other departments, such as finance, legal, and operations, to support cross-functional initiatives and projects.

According to JobzMall, the average salary range for a VP, Sourcing Operations & Corporate Procurement in Parsippany-Troy Hills, NJ, USA is between $150,000 to $225,000 per year. This range can vary depending on the specific company, industry, and level of experience of the individual. It is important to note that salary ranges can also be influenced by factors such as education, skills, and performance.

Wyndham Hotels and Resorts is an international hotel and resort chain based in the United States. It has locations in China, Canada, Mexico, Colombia, Ecuador, Turkey, Germany, the UK, the Caribbean, the UAE, Indonesia, India, Saudi Arabia and Margarita Island in Venezuela.