B. F. Saul Company

Corporate Manager, Procurement & Cost Analysis (Hospitality Group)

Bethesda, Maryland, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Hospitality, Consumer GoodsIndustries

Requirements

Candidates should possess a Bachelor’s degree in Finance, Accounting, Supply Chain Management, or a related field, and have a minimum of 7 years of experience in procurement and cost analysis, preferably within the hospitality industry. Strong negotiation skills, knowledge of contract management principles, and proficiency in budgeting are essential. Experience with procurement software such as BirchStreet is highly desired.

Responsibilities

The Corporate Manager, Procurement & Cost Analysis will be responsible for reviewing, negotiating, and managing contracts and agreements for the Hospitality Group, focusing on cost-saving initiatives. They will coordinate and manage projects, working closely with corporate and field management to drive cost efficiencies and maintain vendor relations. This role involves maintaining contracts, communicating with stakeholders, negotiating with vendors, establishing strategic purchasing programs, and monitoring vendor performance. Additionally, the position will focus on utility rates, contracts, and market conditions, while continuously seeking opportunities to create revenue streams and improve GOP.

Skills

Contract Negotiation
Vendor Management
Procurement
Budgeting
Project Management
Cost Analysis
Stakeholder Communication
BirchStreet
Utility Rate Management

B. F. Saul Company

Operates business-class hotels and accommodations

About B. F. Saul Company

B.F. Saul Company Hospitality Group operates a range of business-class hotels, primarily targeting business travelers while also accommodating leisure guests. They manage hotels under well-known brands like Intercontinental, Marriott, Leading Hotels of the World, Best Western, and Hilton, which helps attract a diverse clientele seeking reliable lodging. The company focuses on owning and operating these branded hotels to ensure consistent quality and service. Revenue comes from room bookings, hosting conferences and events, and offering dining and recreational services. With a dedicated team of nearly 1,400 professionals, the company emphasizes quality and teamwork in its operations, aiming to provide exceptional guest experiences.

Key Metrics

Bethesda, OhioHeadquarters
1892Year Founded
VENTURE_UNKNOWNCompany Stage
Real EstateIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Short & Long Term Disability
Paid Vacation
401(k) Retirement Plan
Paid Life Insurance
Tuition Reimbursement

Risks

Increased competition from boutique hotels may attract business travelers seeking unique experiences.
Remote work trends could reduce demand for business travel, impacting hotel bookings.
Significant investment in green technologies may be required to meet sustainability expectations.

Differentiation

B.F. Saul Company leverages over a century of experience in hospitality management.
The company operates under renowned brands like Marriott and Hilton, ensuring quality service.
Strategic hotel locations cater to business travelers attending conferences and meetings.

Upsides

Growing demand for sustainable practices aligns with B.F. Saul's commitment to quality service.
'Bleisure' travel trend offers opportunities for extended stay packages and increased revenue.
AI and IoT integration can enhance guest experiences and operational efficiency.

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