Procurement Manager
Hotel Engine is a Denver-based travel tech company on a mission to radically simplify trip management for businesses. We’re not a cumbersome travel management company, nor an online price aggregator. We’re a powerful network that brings hotels and businesses together. Our members save time, money and effort in managing their lodging programs, and our partners get access to loyal, high-value business travelers. It’s a true win-win. Following a 2021 series B funding round at a $1.3 billion valuation, we achieved remarkable growth in 2023. We expect 2024 to be our best year yet.
Across our organization, we’re powered by exceptional talent. From our large Engineering and Product teams to Sales, Supplier Relations, Member Support, Data, Marketing and Operations, our team is forward-thinking, data-driven and customer-obsessed. We’re also a lot of fun — one of the many reasons we were named a Best Place to Work by Built In Colorado for the past four consecutive years.
We value our individuality, and we also understand that together, we thrive. Most importantly, we know we’re not for everyone! Complacency doesn’t live here. We’re focused on finding the right people who are energized by our culture and bring diverse experiences and backgrounds that will help us unlock our full potential. Click here to view our DNA, and if you like what you see, please read on!
As the Procurement Manager at Hotel Engine, you will develop and drive procurement strategy and pipeline execution for assigned indirect spend categories such as SaaS, Information Technology, and Professional Services. This individual will own and manage vendor relationships, negotiate vendor contracts, deliver on stakeholder requirements, manage and report defined procurement metrics, identify savings opportunities, evaluate market conditions and effects on pricing, and support the development of new procurement processes and policies. Key objectives include driving cost savings, optimizing vendor relationships, and ensuring compliance. If you are passionate about making an impact, enjoy working on strategic projects and hands-on implementation, and relate to our vision and DNA, please apply.
What You’ll do:
- Build procurement strategy and team
- Set negotiation and maintain strategies with business stakeholders
- Utilize price, demand/volume, and specification levers to create value for the organization
- Manage vendor onboarding process, contracts, and negotiations
- Work closely with Info Security, Data Privacy, and Compliance stakeholders to proactively manage risk and ensure vendors meet compliance requirements.
- Collaborate with Legal team to facilitate and manage new contract execution and contract renewals.
- Team with FP&A to plan for financial impact of procurement efforts.
- Responsible for managing software renewals across the business and working with stakeholders to optimize demand.
- Create and manage a software renewal tracker.
- Proactively engage stakeholders in renewal discussions and leverage license usage data to determine renewal requirements.
- Identify software rationalization and consolidation opportunities.
- Drive savings and spend under procurement management for your areas of responsibility.
- Create and present monthly pipeline reports showcasing pipeline progress, savings to date, and future forecasts of savings.
Qualifications
- Bachelor’s degree in or equivalent relevant work experience
- Minimum of 5 years of relevant experience with procurement and strategy
- Demonstrated experience with indirect procurement sourcing, contract negotiations, and supplier relationship management - specific experience with information technology and SaaS categories preferred.
- Familiarity with software asset management beneficial
- Knowledge of business process improvement helpful
Who you are:
- You are a process-oriented, empathic leader
- You have the strong analytical skills needed to track, report, and provide insights on daily, weekly, and monthly metrics
- You are a decisive and a clear communicator
- You apply strong critical thinking, problem-solving, and quantitative skills
- You are an accountable self-starter who thrives in an environment with shifting priorities
- You are excited to support the growth of a dynamic team
Hotel Engine Total Rewards Philosophy | We recognize that there is more to work than day-to-day responsibilities. Hotel Engine has been recognized on Built-in Colorado’s Best Places to Work list 3 years in a row (2020-2022) for our positive culture and robust growth opportunities.
As a company, we’re also dedicated to giving back to our greater community, and have comprehensive corporate social responsibility programs supporting community, social justice and environmental causes. In addition to a collaborative, high-performing team environment, we’re pleased to offer benefits including:
- Competitive compensation
- Stock options for all associates + performance-based stock options
- Insurance benefits including medical coverage (with a plan available at no cost to employees) + 100% paid dental and vision insurance
- 401(k) plan with a match program
- Unlimited PTO + 2 paid days each year to volunteer with your favorite non-profit
- Paid parental leave and family medical leave
- Hotel discounts through our exclusive platform
- The ability to make a real impact in an incredibly fast-growing organization; you’ll never be just another cog in the wheel.