Are you ready to help shape the future of travel and hospitality? CoralTree Hospitality is seeking a motivated and detail-oriented individual to join our team as a Procurement Program and Vendor Relations Manager.  This role is crucial for overseeing procurement program compliance, maintaining vendor relationships, and ensuring effective communication between leadership, management, property-level staff, Group Purchasing Organizations (GPOs), and vendors. We're looking for someone who shares our passion for creating unforgettable guest experiences, nurturing a vibrant company culture, and building strong connections with our communities.

1. Ensure Hotel Procurement Program Compliance:
• Monitor and enforce adherence to procurement program guidelines throughout the entire hotel portfolio.
• Conduct routine audits and analyses of property participation, expenditures, and vendor selections.
2. Generate and Distribute Monthly Procurement Reports:
• Compile and distribute detailed monthly reports highlighting key metrics and performance indicators related to procurement.
3. Facilitate Communication on Procurement Performance:
• Effectively communicate program participation, improvement opportunities, and industry updates to both field and upper management.
4. Conduct In-depth Analysis of Expenditures:
• Perform comprehensive analyses of procurement expenditures, categorizing and assessing spending patterns to identify potential cost-saving opportunities.
5. Deliver Training to New Hotel Management:
• Develop and conduct training sessions for newly appointed hotel management, familiarizing them with procurement program guidelines and best practices.
6. Coordinate Procurement Accounts for Acquired Properties:
• Facilitate the setup of procurement accounts for newly acquired properties, collaborating with vendors to ensure a seamless transition.
7. Implement F&B Cost Control Measures:

• Develop and implement strategies to optimize food and beverage costs while maintaining quality standards.
• Monitor inventory levels, track usage patterns, and analyze variances to identify areas for cost reduction and efficiency improvement.
• Collaborate with kitchen and bar staff to minimize waste, optimize portion sizes, and streamline purchasing processes.
• Negotiate with suppliers to secure competitive pricing and favorable terms, ensuring cost-effective procurement of F&B items.
• Regularly review menu pricing and profitability, adjusting as needed to maximize revenue and margins while remaining competitive in the market.
• Utilize software systems or tools to track and analyze F&B costs, providing regular reports and insights to management.
• Train staff on cost control procedures, emphasizing the importance of portion control, inventory management, and waste reduction.
• Stay updated on industry trends, market fluctuations, and regulatory changes that may impact F&B costs, adjusting strategies accordingly to mitigate risks and seize opportunities for savings.

• Understanding of Group Purchasing Organizations (GPOs), and Value Analysis principles.
• Excellent communication skills, professional phone etiquette, and a solid grasp of accounting principles.
• Strong analytical skills with a strategic and analytical mindset.
• Excellent organizational skills, a collaborative teamwork approach, and effective negotiating abilities.

This position is based in the CoralTree Home Office in Englewood, CO.

As a valued member of the CoralTree team, you'll receive a comprehensive benefits package that includes:

1. Group medical, dental, vision, life, and disability benefits.
2. Participation in a pre-tax flexible benefit plan for healthcare and dependent care reimbursement
3. An employee assistance program.
4. Paid time off/sick time
5. Participation in a 401(k) plan with a company match.

Join us in creating unforgettable experiences for our guests, building vibrant communities, and shaping the future of travel and hospitality.

Salary range: $130,00 - $150,000/yr. + bonus

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