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Manager, Strategic Sourcing

Location: 

Parsippany, NJ, US

Property Name:  Parsippany - 22 Sylvan Way
Req Id:  9708

Wyndham Hotels & Resorts is now seeking a Manager, Strategic Sourcing to join our team at the Parsippany - 22 Sylvan Way location in ParsippanyNew Jersey.

Job Summary

The Manager, Sourcing is responsible for sourcing activities across Wyndham Sourcing. This position reports to the Sr. Director of Sourcing (FF&E). The Manager will be responsible for but not limited to managing all aspects of assigned sourcing categories to include bidding, contracting, negotiation, reporting, supplier relationship management, financial analysis, revenue projections, product assessment, career development and developing presentations and category strategy. The Manager will be accountable for delivering high quality customer service and interacting with internal and external stakeholders and

  • Work to source new/existing vendors on prototypes
  • Work collaboratively with internal business stakeholders to forge strong relationships, understand business requirements, and identify new sourcing program opportunities and implement cost and process improvements
  • Developing contracts and negotiating favorable agreements
  • Provide high level customer service to customers and internal stakeholders
  • Investigate and establish new sources of supply, research new supplier relationships and provide on-going management of the existing supply base in conjunction with internal stakeholders 

Scope/Financial Responsibility
1. Participate in sourcing of between $25-$100M Million in annual spend, and achieve targeted savings and revenue growth of at least 2%-5% per engagement.
2. Identify and lead initiatives to combine or modify spend for operational efficiencies to achieve cross-business unit impact goals as defined by Business Units.

3. Identify opportunities to extend BU-specific sourcing and procurement efforts across the enterprise.

4. Negotiate key commercial terms and contract specific pricing that delivers value to key stakeholders

5. Work with Design on new prototypes

Travel Requirement

This position will travel 10-15% of the time to attend meetings with key stakeholders at other Wyndham Corporate offices, conduct supplier visits to discuss business and review capabilities, and or attend trainings or educational conferences or trade.

• 2-4 domestic trips per year to visit internal clients at other office locations (i.e., Orlando, Indianapolis); for conferences or meetings; for training purposes. Trips typically 1- 3 days’ in duration.

• 2-4 local (NY/NJ/PA metro area) day trips to participate in conferences, training, vendor-sponsored events, etc.

 

Competencies

• Ability to build and sustain strong relationships with internal stakeholders
• Analyze spend data and develop coherent strategies to address key spend categories,
• Build and sustain strong supplier relationships
• Multi-task, work under pressure, excellent written and oral communications skills, positive attitude.
• Ability to time manage program creation, development and delivery on a timely basis
• Comfortable with contracting/legal terms and conditions
• Competent Standard Office applications and usage
• Understand hospitality sourcing methodologies and strategies
• Ability to work within a large international matrix organization

 

Qualifications

a) Education
Bachelor’s Degree in Business or equivalent
b) Training requirements (licenses, programs or certificates) NA
c) Knowledge and skills: Understanding and experience with hospitality sourcing categories. Ability to write term sheets for commercial agreements. Excellent verbal and written communication skills, experience with sourcing indirect categories
d) Technical Skills
Microsoft Office Applications, E-procurement knowledge, Data analysis and manipulation
e) Job experience
5-8 years of experience in strategic sourcing involving bidding, managing multiple suppliers, establishing category strategies, and engagement in contract negotiations and legal terms.
 

COMPANY OVERVIEW:
Wyndham Hotels & Resorts is the largest hotel franchisor in the world and a leading hotel management company.  We stand 20 brands strong across 9,000 hotels in more than 80 countries, and we offer the most diverse collection of hotel experiences in the world.  Our iconic brands, united by the richest and simplest rewards program in the business, make hotel travel possible for all.

Our hotel owners are the stewards of our brands, and together, we champion everyday travelers.  We believe guests deserve great experiences, and our robust portfolio—distinguished by our leading economy and midscale brands—delivers just that.

We are AmericInn® by Wyndham, Baymont® by Wyndham, Days Inn® by Wyndham, Dazzler® by Wyndham, Dolce Hotels and Resorts® by Wyndham, Esplendor® Boutique Hotels by Wyndham, Hawthorn Suites by Wyndham®, Howard Johnson® by Wyndham, La Quinta® Inns & Suites, Microtel  by Wyndham®, Ramada Encore by Wyndham, Ramada Worldwide® by Wyndham, Super 8® by Wyndham, The Trademark Collection® by Wyndham, Travelodge® by Wyndham, TRYP by Wyndham®, Wingate by Wyndham®, Wyndham Garden®, Wyndham Grand® and Wyndham Hotels and Resorts®.

Headquartered in Parsippany, N.J. with offices around the globe in London, Shanghai, Buenos Aires, Dubai and more, Wyndham Hotels & Resorts employs approximately 15,000 team members worldwide.

Our Company is an Equal Employment Opportunity Employer.

Job Location: Parsippany - 22 Sylvan Way22 Sylvan WayParsippanyNew Jersey  07054
Employment Status: Full-time

What we expect from you

• Bring your best every day

• Put our guests first

• Strive to exceed expectations in all you do

What you can expect from us

• Best-in-class training and career development

• Supportive and engaged team

• Fast paced fun environment

About Wyndham

Wyndham Hotels & Resorts is the champion of the everyday traveler. Through the largest and widest collection of hotel experiences in the world, we work to make hotel travel possible for all. Wherever and however people travel, Wyndham will be there to welcome them.


Nearest Major Market: New York City
Nearest Secondary Market: Newark