Linkedprime
Plaza Premium Group

Regional Procurement Manager

Posted: 1 days ago

Job Description

1. Strategic Procurement PlanningDevelop and implement regional procurement strategies that support business objectives and operational needs across all properties, outlets, or subsidiaries.Translate global procurement policies into regional action plans to ensure alignment and consistency.Conduct spend analysis and identify opportunities for cost reduction, process improvement, and value creation.Develop and monitor procurement budgets, forecasts, and annual savings targets.Lead category management initiatives to leverage economies of scale within the region.2. Sourcing & Supplier ManagementIdentify, evaluate, and approve qualified vendors and service providers across multiple procurement categories (e.g., F&B, CAPEX, OPEX, equipment, services, logistics, projects).Conduct strategic negotiations to achieve optimal pricing, terms, and service levels.Oversee tendering, bidding, and supplier selection processes with transparency and fairness.Establish long-term supplier relationships to ensure continuity, reliability, and sustainability in the supply chain.Monitor supplier performance, conduct periodic evaluations, and manage underperformance through corrective actions.3. Procurement Operations & ComplianceEnsure that all procurement activities comply with company policies, governance frameworks, and regulatory requirements in each country.Standardize procurement processes, documentation, and reporting systems to ensure efficiency and transparency.Support the implementation of digital procurement tools and ERP systems for better data visibility and process automation.Work closely with finance and operations teams to ensure proper documentation, contract execution, and timely payment cycles.Mitigate procurement risks, including supply disruptions, quality issues, and compliance breaches.4. Cross-Functional CollaborationPartner with Finance, Operations, Project, and HR departments to align procurement initiatives with business priorities and operational timelines.Collaborate with the Corporate Procurement Office and Regional Business Leaders on strategic sourcing and supplier integration projects.Support pre-opening, renovation, and expansion projects by coordinating procurement of materials, furniture, equipment, and services.Serve as a key liaison between corporate functions and local procurement teams to ensure alignment on corporate objectives.5. Leadership & Team ManagementLead, mentor, and develop country-level procurement teams to strengthen their capability, performance, and professionalism.Foster a culture of accountability, ethical conduct, and continuous improvement within the procurement organization.Establish clear KPIs and performance metrics for regional and local procurement teams.Provide coaching and training to enhance negotiation, sourcing, and analytical skills.Promote collaboration and knowledge sharing among country teams.6. Financial Performance & ReportingDrive measurable cost savings through strategic sourcing, supplier rationalization, and category optimization.Monitor regional spend performance and report monthly/quarterly to senior management.Ensure accurate data management and reporting for audit, budgeting, and business review purposes.Prepare business cases and cost-benefit analyses to support procurement decisions and investments.Key Performance Indicators (KPIs)Cost savings achieved vs. targetsProcurement efficiency (cycle time, process compliance, PO accuracy)Supplier performance (on-time delivery, quality, service levels)Contract compliance rateStakeholder satisfaction and support from business unitsProcurement team performance and development metrics

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