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VP, Sourcing

Location: 

Parsippany, NJ, US

Property Name:  Parsippany - 22 Sylvan Way
Req Id:  6056

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

Job Summary

The VP, Sourcing leads a team of sourcing professionals that develop sourcing programs to deliver great service to Wyndham Hotels and Resorts (WHR) franchisees, assist WHR with achieving brand objectives and drive revenue for the organization.  This is a leadership role that will be responsible for setting team objectives, assisting team members with achieving objectives and developing the team.  The VP, Sourcing will collaborate with other WHR leaders to assist in goal setting and achieving progress with key WHR objectives.  Competitive and effective relationships and contracts with WHR vendors and providers are critical to the success of WHR franchisees and the VP, Sourcing is responsible for developing and managing processes to ensure we deliver great service and value to our customers.  

 

Essential Job Functions:

 

  • Lead team that establishes contractual relationships with WHR vendors to provide competitive pricing for products and services to our franchisees.  This includes setting team goals, managing team performance and developing team members. 
  • Ensure Sourcing delivers great service and value to our franchisees.  Work with team department leads to develop and manage franchisee service metrics that track performance of WHR programs and vendors.  Lead teams efforts to work with vendors in continuous improvement of product and service offerings.      
  • Collaborate with other WHR leaders to identify opportunities for Sourcing and engage the team in pursuing those objectives.  Meet regularly with Brand Operations to develop an understanding of Brand objectives and identify Sourcing efforts that can support Brand goals.    
  • Set and achieve business objectives for Sourcing.  Work with Department leads to develop business cases for each area and identify opportunities for expanding programs or vendor relationships to grow Sourcing volume and revenue.    
  • Manage Sourcing team of approximately 15 team members and the associated budget.
  •  Lead Sourcing programs that generate over $15mm in WHR revenue and grow the business.
  •  Lead teams that negotiate key commercial terms and contract specific pricing that delivers value to key stakeholders

 

Travel Requirements
This position may travel up to 20-25% 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.
 

 

Education & Experience

  • Education - Bachelor’s Degree in Business or equivalent, MBA preferred
  • Training requirements (licenses, programs or certificates) CPSM preferred
  • Knowledge and skills: Understanding and experience with hospitality sourcing categories. Ability to write term sheets for commercial agreements. Excellent verbal and written communication skills, understanding of contract language, and contracted program development
  • Technical Skills - Microsoft Office Applications, E-procurement knowledge, Data analysis and manipulation
  • Job experience – 5+ years in a team leadership role, 10+ years of experience in strategic sourcing involving bidding, program development, managing multiple suppliers, establishing category strategies, and engagement in contract negotiations and legal terms.

 

Complexity

 

  • Develop a strategy for a key business team and provide leadership to enable success in achieving objectives that contribute to the success for WHR.
  • Work autonomously and make critical decisions for the team.  Develop and present progress reports to WHR leadership.
  • Manage team budget and achieve Sourcing revenue targets.
  • Provide guidance for 15+ team members and assist them in achieving goals and developing their careers.

Organizational Relationships

 

The role will have constant contact with key Wyndham brand and operations business unit leaders, their support staff, and supplier representatives on an ongoing basis. This role represents Wyndham Hotels & Resorts to a wide supplier base. In addition this role will work with team members within the Strategic Sourcing team and the overall Design & Construction team.  Sourcing works closely with Legal and Finance teams in managing financial and contractual objectives.

 

 

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