Four Seasons is powered by our people. We are a collective of individuals who crave to become better, to push ourselves to new heights and to treat each other as we wish to be treated in return. Our team members around the world create amazing experiences for our guests, residents, and partners through a commitment to luxury with genuine heart. We know that the best way to enable our people to deliver these exceptional guest experiences is through a world-class employee experience and company culture.
At Four Seasons, we believe in recognizing a familiar face, welcoming a new one and treating everyone we meet the way we would want to be treated ourselves. Whether you work with us, stay with us, live with us or discover with us, we believe our purpose is to create impressions that will stay with you for a lifetime. It comes from our belief that life is richer when we truly connect to the people and the world around us.
About the location:
Four Seasons Hotels and Resorts is a global, luxury hotel management company. We manage over 120 hotels and resorts and 50 private residences in 47 countries around the world and growing. Central to Four Seasons employee experience and social impact programming is the company's commitment to supporting cancer research, and the advancement of diversity, inclusion, equality and belonging at Four Seasons corporate offices and properties worldwide. At Four Seasons, we are powered by people and our culture enables everything we do.
Vice President, Sourcing and Procurement
The position will continue to design, build, and lead our global procurement function through a period of significant growth and operating model transformation. This executive role will oversee the strategic sourcing, contracting, and supplier management programs across our worldwide portfolio of 133 hotels and resorts and 56 residential properties in major city centers and resort destinations in 47 countries. The role will be responsible for managing annual spend of $2.5+ billion while driving substantial EBITDA benefits and operational excellence.
The Vice President, Sourcing and Procurement will establish the overall direction for the function, implementing innovative processes, technology, policy, and governance structures that support Four Seasons' continued growth and brand excellence. This role requires a visionary leader with demonstrated critical thinking, business acumen, and collegiality to be viewed as a trusted, credible business partner who adds value across diverse situations in Four Seasons Corporate and Property procurement operations.
Key Activities:
Global Spend Management
Govern direct and indirect sourcing across all categories and regions
Manage global supplier portfolio ensuring luxury brand standards
Execute complex multi-million-dollar sourcing projects and negotiations
Ensure 85%+ of spend under formal procurement management
Organization & People Leadership
Define and optimize the global procurement organization structure and enhance organizational maturity across all functions
Ensure proper empowerment of procurement managers and buyers while managing key roles within the group
Coordinate needs and issues between Business Units, Procurement Business Partners, and Properties to ensure seamless operations
Ensure procurement is both represented and influential at leadership level across Four Seasons Corporate and Property operations
Provide strategic leadership to the group procurement function while building a reputation for critical thinking, business acumen, and collegiality
Demonstrate true passion for Four Seasons' mission, vision, and values in all procurement activities and stakeholder interactions
Performance Management & Strategic Planning
Define and monitor the group procurement performance plan with focus on operational efficiency, cost reduction, high quality, and risk management
Manage global procurement processes, both tactical and strategic, continuously improving robustness, quality, speed, and cost effectiveness
Monitor comprehensive KPIs including financial performance, operational efficiency, and strategic objectives achievement
Work closely with relevant key stakeholders within Business Units to understand their needs and challenges and drive change where needed
Prepare and manage the procurement budget, including identifying future requirements to achieve Four Seasons procurement and strategic objectives
Ensure innovation in procurement operations and continuous improvement across all categories and regions
Strategic Sourcing Excellence
Lead enterprise-wide procurement transformation across people, processes, and technology
Develop and execute procurement strategy aligned with Four Seasons' growth objectives
Execute complex sourcing projects using contemporary methods including e-Auctions, should-cost models, and raw material index agreements
Define project goals, timelines, roles and responsibilities within a comprehensive project management operating system
Develop and implement detailed communication plans with stakeholders and end users across all impacted organizations
Quantify and document results to demonstrate measurable business impact and EBITDA contribution
Supplier Relationship Management
Manage global supplier portfolio ensuring supply reliability, continuity, price stability, and innovation
Optimize value, quality, and security of supply through performance measurement and strategic relationship management
Ensure suppliers perform to contracted obligations and service levels while meeting stakeholder expectations
Lead supplier performance improvement initiatives and efficient resolution of performance issues
Processes & Tools Management
Implement and optimize main procurement processes across all categories and regions
Own and administrate all tools related to procurement activities, ensuring maximum efficiency and user adoption
Utilize e-Business tools to automate processes and drive reporting efficiencies
Maintain and continuously improve categorization of global spend cube for optimal spend management
Drive technology adoption and digital transformation initiatives across the procurement function
Executive Leadership Scope
C-suite partnership with CEO/COO/CFO on strategic initiatives
Board-level reporting and investor relations presentations
Global team leadership of 40+ procurement professionals
What You Bring:
Bachelor's degree in engineering or commerce (required)
MBA from accredited institution (required)
25+ years of progressive experience in Sourcing and Procurement, Hospitality, Retail, Operations, Global Supply Chain Management, and/or Consulting
Global working experience is an asset as well as experience developing and collaborating with GPOs and hospitality supply chain channel partners
Demonstrated top performance in prior roles with increasing levels of responsibility.
Proven record managing large and diverse teams and resources in global organizations.
Experience in Luxury market segment
Visionary mindset with defined strategic orientation and ability to develop long-term procurement strategies
Robust analytical and critical thinking skills with experience in should-cost modelling and market analysis
Advanced knowledge of procurement technology platforms, e-sourcing tools, and analytics capabilities
Deep expertise in contract negotiation, supplier relationship management, and risk mitigation
Advanced knowledge of procurement techniques, supplier management, pricing methods, bid process, contract formation and ongoing management.
Key Skills/Who You Are:
Demonstrated excellence in leading strategic initiatives, driving performance, and producing superior results
Exceptional change management experience with ability to lead organizational transformation
Exceptional relationship building skills with ability to interface effectively at all levels of the enterprise
Recognized expertise as a change agent with entrepreneurial drive and perspective
Adaptive to fast-paced, constantly changing environments with ability to thrive during rapid growth
Strong desire for professional growth as role responsibility expands with business growth
Excellent communication, persuasion, and influencing skills
Flexible nature and comfortable making decisions in ambiguous situations
Strong leadership and motivational capabilities with proven ability to develop high-performing teams
Strong analytical and research skills.
Good commercial acumen from both strategic and operational perspectives.
Strong negotiation and contract management skills
Cross Industry knowledge & experience working within the Hospitality Segment
Experience with the design and implementation of category planning & savings initiatives
Proven track record of achieving category savings via sourcing, demand management and / or policy compliance
Global exposure a requirement
Demonstrated ability to lead cross-functional teams
Business fluency in English
Travel:
Up to 20%
This role will be a Hybrid working model, which will require 3 days per week in the Four Seasons Corporate Office located at 1165 Leslie Street, Toronto, Ontario #LI-Hybrid
Four Seasons is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. If contacted for an employment opportunity, please advise Human Resources if you require accommodation.
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Job Detail
Job Id
JD2764595
Industry
Not mentioned
Total Positions
1
Job Type:
Full Time
Salary:
Not mentioned
Employment Status
Permanent
Job Location
Toronto, ON, CA, Canada
Education
Not mentioned
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Beware of fraud agents! do not pay money to get a job
MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.