Asset Procurement Manager

Restaurant Supply Chain Solutions

$75K — $95K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree, preferably in Business or Supply Chain; Master's or MBA preferred.
  • 3-5 years of experience in equipment and asset procurement, business strategy, or operations.
  • Self-starter with the ability to prioritize and thrive in a fast-paced environment.
  • Strong analytical, planning, and problem-solving skills; detail-oriented.
  • Exceptional relationship-building and influencing skills with diverse stakeholders.
  • Proficient in negotiation, cost analysis, and supplier development.
  • Advanced written and verbal communication skills; proficient in Excel, PowerPoint, Word, and Outlook; knowledge of NetSuite preferred.

Responsibilities

  • Develop and execute comprehensive category strategies for products like Lighting and Switchgear.
  • Manage supplier relationships and oversee all procurement activities for assigned categories.
  • Analyze market intelligence to identify issues and opportunities within the procurement landscape.
  • Create quantitative metrics to evaluate success in sourcing and procurement.
  • Influence internal and external stakeholders utilizing data-driven presentations and insights.
  • Support new product development and coordinate execution of brand projects seamlessly.
  • Collaborate with operations for consistent supply management and implement RFP processes.

Benefits

  • Vacation and holidays, including floating holidays.
  • Comprehensive medical and dental coverage.
  • Retirement plan options.
  • Flexible hybrid work arrangement: 3 days in-office, 2 days remote.
Full Job Description
Job Description

The Asset Procurement Manager is a crucial member of the Development and Equipment Solutions (DES) procurement team, reporting to the Senior Director, Equipment, Asset, and Technology Procurement. This role oversees the procurement and management of assigned categories, which currently include Lighting, Switchgear, Facilities, Artwork, and Uniforms.

Key responsibilities encompass strategic sourcing, supplier relationship management, supply and contingency planning, Restaurant Margin Improvement (RMI), innovation, market intelligence, program and project management, and strategy development. The position will develop and implement effective sourcing strategies for assigned categories to support the network of restaurants under Yum! Brands (Taco Bell, KFC, Pizza Hut, and Habit Burger & Grill) and A&W. The system includes over 18,000 restaurants and approximately 1,000 franchisees.

Hybrid Position: 3 days in the office, 2 days remote
Great Benefits: Vacation, Holidays, Floating Holidays, Medical, Dental, Retirement, and much more.

Essential Functions:
• Develop comprehensive category profile including, but not limited to, Market Reports, Demand Analysis, market
trend analysis, competitive benchmarking, innovation searches and voice of customer analysis to create and
execute short- and long-term strategies for each assigned product category.
• Develop supplier relationships, product category expertise, and manage all procurement activities and
negotiations for the product categories assigned on behalf of RSCS and its franchisee members for all Brands.
• Demonstrate strong proficiency in data management and analysis. Develop and use analytical metrics to evaluate
both strategic and tactical execution. Create, wherever possible, a quantitative basis for defining success.
• Gather, analyze, and effectively apply relevant market intelligence including key cost drivers, market
dynamics, capacity utilization metrics, and macroeconomics to anticipate potential issues and opportunities and
act accordingly for the best possible outcome for the benefit of RSCS and its franchisee members.
• Assertively influence decision making and outcomes, both internally and externally (including but not limited
to brand leaders and franchisees), using expertise within assigned categories. Create compelling presentations
to optimize communication of key data and insights. Oversee all purchasing responsibilities for the relevant
categories including sourcing strategy, sourcing contracts, cost analysis, cost savings tracking, Supplier
Relationship Management (SRM) appraisals, and other duties key to the performance of the position.
• Support new product development, product launches, and other projects initiated by the Brands. Work closely
with Brand Operations and relevant Brand Stakeholders to ensure flawless execution of all Brand projects and
programs, including various conference calls and meetings.
• Conduct Request for Proposals (RFP's) using the RSCS Sourcing Process.
• Collaborate with the Brand Operations team on identifying, prioritizing, and delivering Development & Equipment
Solutions Restaurant Margin Improvement (DES RMI) process for all Brands.
• Collaborate with the Supply and Operations Planning (S&OP) Team to ensure the continuous supply for assigned
product categories during promotional and non-promotional periods.
• Assume new assignments, routinely demonstrate interest in improving knowledge, offer suggestions and problem
solutions.
• Travel up to 5-10%, or as required.
• Other duties as required and assigned.

Required Education, Experience, and Skills:
• Bachelor's degree required. Prefer a major in Business or Supply Chain. Prefer Master's or MBA.
• Minimum of 3 to 5 years business experience in positions related to equipment and asset procurement, business
strategy, program management, and/or operations. Prefer experience in the restaurant/QSR industry or related
manufacturing.
• Proven self-starter with the ability to set priorities and meet and exceed all responsibilities in a fast-
paced, dynamic, high output environment, while maintaining focus on the company mission and departmental goals.
• Must have strong analytical, planning, and problem-solving skills, with the ability to self-manage
prioritization of multiple tasks, with attention to detail and accuracy.
• Exceptional relationship-builder with ability to engage with, assertively and respectfully influence, and
garner trust and respect from a diverse group of peer and senior level constituents, including company
executives, team members, franchisees, and suppliers.
• Must have strong negotiation and analytical skills.
• Must have experience in cost analysis, supplier development, forecasting, and contingency planning.
• Advanced written and verbal communication skills required. Very high proficiency using PC based applications
(Excel, PowerPoint, Word, and Outlook) are also required. Prefer experience with NetSuite and associated
applications.

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