Purchase Executive- Regenta -Tirupati

About us

Royal Orchid & Regenta Hotels is one of India s leading and rapidly expanding hotel brands, offering luxurious accommodations and services for business and leisure travelers. With over 120 hotels and resorts across 65+ locations in India and abroad, the brand operates more than 6,000+ rooms in the luxury, upper mid-market, and budget categories. Renowned for its exceptional dining experiences and high-quality service, the brand has established a strong reputation in the hospitality industry. Supported by over 265,000 loyalty members, Royal Orchid is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

• Assist in developing and implementing purchase and procurement strategies for the hotel.
• Develop vendor data base for operating supplies & equipments, engineering equipment and technical goods etc
• Ensure that all contracting and procurement activities are conducted in accordance with policy and sound, ethical, business practices
• Responsible for day to day handling of procurement function
• Responsible for handling multi-faceted tasks and should be able to work under pressure.
• High degree of integrity.
• Utilize strong negotiation skills to maximizing the value of investments while minimizing risk and liability exposure
• Determine the appropriate source selection for technology, infrastructure, services, supplies and equipment, considering their effect on cost competition, performance and advantage
• Develop contract plans, select and qualify contractors, oversee the bid process, execute contracts, and negotiate changes and disputes on large engineering and construction projects
• Work closely with the Project Management Office, Project Engineering Department, construction management firms; Facilities, Maintenance and Finance departments to ensure all project / budget requirements and schedules are met
• Vendor development at global and local level, Alternative vendor development, indigenous vendor development etc
• Maintain an in-depth knowledge and awareness of local; national and international supply markets and vendors.
• Assist the purchase manager to implement systems and procedures related to procurement
• Provide an ethical and consistent approach to the procurement of goods and services
• Instrumental in the selection and appraisal of suppliers from the preferred vendor database and performance measurement of the same
• Take part and assist in supplier and service provider negotiations.
• Conduct techno commercial evaluation of offers and Cost Estimation
• Follow-up and expedite the delivery.
• Ensure that there is no delay in project execution on account of procurement