Senior Purchasing Specialist (Restaurants & F&B)

Job Summary:

The Senior Purchasing Specialist will be responsible for strategically sourcing, negotiating, and managing procurement activities for our restaurant operations. This role will focus on identifying and establishing relationships with a wide network of suppliers for food, beverages, kitchen equipment and other operational necessities. A key aspect of this position involves negotiating favorable terms, pricing, and contracts to optimize costs while ensuring consistent quality and supply. The ideal candidate will possess a strong background in the F&B or hospitality industry, with a proven track record of successful supplier management and contract negotiation.

Key Responsibilities:

Supplier Identification & Development:

• Proactively research, identify, and onboard new, high-quality suppliers across various categories (e.g., fresh produce, meats, seafood, dairy, dry goods, beverages, cleaning supplies, packaging, equipment).
• Build and maintain a robust database of approved suppliers, continually seeking opportunities to expand and diversify the supplier base.
• Conduct thorough due diligence on potential suppliers, including financial stability, quality control, certifications, and delivery capabilities.
• Establish and nurture strong, long-term relationships with key suppliers.

Procurement Strategy & Optimization:

• Develop and implement strategic purchasing plans aligned with business objectives, focusing on cost reduction, quality improvement, and supply chain efficiency.
• Analyze market trends, commodity prices, and supply chain risks to inform purchasing decisions.
• Collaborate with culinary, operations, and finance teams to forecast demand and ensure timely and accurate procurement.
• Implement best practices in purchasing processes and systems to enhance efficiency and transparency.

Quality Control & Vendor Performance:

• Establish and monitor key performance indicators (KPIs) for supplier performance, including quality, delivery, responsiveness, and pricing.
• Conduct regular supplier reviews to ensure adherence to standards and continuous improvement.
• Address and resolve any issues related to supplier performance, product quality, or delivery discrepancies in a timely and effective manner.

Cost Management & Reporting:

• Track and report on purchasing savings, cost variances, and overall procurement expenditures.
• Provide regular reports and insights to management on market conditions, supplier performance, and procurement initiatives.
• Identify and implement strategies to reduce waste and improve inventory turns.