Bachelor's degree in business, Finance or Purchasing; MBA preferred.
10+ years of Director-level sourcing experience in areas like Food and Beverage or General Goods.
Experience building a procurement department from inception.
Proven ability to lead change management programs effectively.
Willingness to travel to all properties.
Ability to meet licensing requirements per State Gaming Control Board.
Responsibilities
Develop and lead sourcing strategies for various functional areas.
Create processes for targeted sourcing to maximize shareholder value.
Oversee procurement in new markets and align with strategic objectives.
Implement technology systems for procurement and inventory management.
Analyze market intelligence to improve sourcing solutions.
Negotiate and manage supplier contracts.
Establish purchasing policies in compliance with regulations.
Benefits
Comprehensive health coverage for team members and eligible dependents.
Free life insurance and short/long-term disability.
Retirement savings plan with company match.
Generous bonus structure and annual pay increases.
Leadership development and mentorship opportunities.
Tuition reimbursement and free parking.
Discounts on meals and various services.
Full Job Description
Min Compensation
USD $161,599.00/Yr.
Max Compensation
USD $222,895.00/Yr.
Overview
This position provides strategic and functional leadership of the sourcing, procurement, warehousing, logistics, and inventory control for Cordish Gaming and Live! Hospitality & Entertainment. The position will report to the CFO of Cordish Gaming with dotted line to COOs of Cordish Gaming and Live! Hospitality & Entertainment. The position will implement and manage a procurement team servicing multiple functional areas: Gaming, Hotel, F&B, Marketing, IT, G&A, as well as warehouse teams in operations and inventory at the properties. This position will be responsible for $300+million in annual spend.
The Executive Director will develop strategies to optimize the quality and cost of goods and services for the company. The individual will lead an effective team to provide quality services to the properties in an efficient manner. This position will also be responsible for streamlining processes by implementing valuable programs via technology that best fits the company's objectives.
Responsibilities
Where You'll Make an Impact:
Create, implement, and lead products/services sourcing strategy for designated functional areas (i.e., Gaming, Hotel, F&B, Marketing, IT, G&A) that meets the company's objectives.
Develop processes and techniques for targeting sourcing efforts for most appropriate products/services to ensure shareholder value by performing analysis, baselines, make-buy, and total cost of ownership models.
Lead procurement of all goods and services for new markets
Strategically select/recommend procurement and warehouse inventory technology systems and successfully implement those technologies.
Review and assess product/service needs and ensure alignment of the product/service procurement programs to the strategic, business and product plans of the Company.
Collect and analyze market intelligence about suppliers and products/services and use such information to develop and/or improve sourcing solutions.
Prepare requests for proposals ("RFPs") and analyze supplier responses.
Negotiate, implement and manage supplier agreements.
Measure supplier performance and manage critical product/service/supplier issues.
Prepare suppliers for, and transition suppliers to, all applicable business/procurement processes.
Continual monitoring and assessment of "total cost" implications of products/services. Lead continuous improvement efforts of company total cost demands.
Establishes purchasing policies, procedures, and controls in accordance with the company's policies and needs.
Adheres to State, local/city regulations as they relate to the regulatory compliance plans for vendor development/compliance w/MBE, WBE and DBE goals.
Ensures that purchasing practices and dealings are in compliance with all applicable State Casino Regulations, as well as the monitoring and accountability of non-gaming activity as it relates to vendor payments.
Searches for new suppliers of present and future goods/services for the company
Create standards for the receipt and movement of assets and inventory.
Coordinate and maintain the database of all expenditures and prepare relevant reporting and analyses.
Educate and work with the Operators regarding all compliance programs and requirements specific to each property.
P&L responsibility for Purchasing and warehouse cost centers.
Consults with all segments of management responsible to and makes recommendations for improving the effectiveness of policies and practices.
Acts within scope of authority and consistent with Company and Corporate objectives, guidelines, policies, and practices
Establish linkage between Purchasing, Receiving and Warehouse with the properties Finance areas, specifically the Accounts Payable and Inventory Control departments to maximize efficiencies.
Ensures optimum performance of the function by recommending and implementing techniques to improve productivity, increase effectiveness and control costs.
Establishes and maintains positive working relationships with relevant committees, community leaders and vendors.
Skills to Help You Succeed:
Experienced in contract negotiation.
Excellent contract implementation skills
Working knowledge of Supply Chain Management
Superb communication and cross-functional team building skills.
Excellent interpersonal and collaboration skills
Strong oral, written, and presentation communication skills.
Strong computer and systems literacy
Service Centric (Internal/External)
Multitasking skills
Qualifications
Must-Haves:
Bachelor's degree in business discipline such as Finance or Purchasing; MBA or other master's degree preferred; Certified Purchasing Manager ("CPM") certification preferred.
Over 10 years of sourcing experience required in areas such as Food and Beverage and/or General Goods and Services at a Director Level.
Proven experience building a procurement department from the ground up highly preferred.
Ability to consult and champion change management programs for product/service with shard services and properties' personnel and be the leader of change.
Ability to travel to all properties.
Must have the ability to secure and maintain licensure as required by State Gaming Control Board/Lottery or any other applicable regulatory entity as may be required to perform assigned duties, or as required by Live's operating standards.
What We Offer
Perks We Offer You
Comprehensive health coverage for full-time and part-time Team Members and their eligible dependents
Free Basic Life Insurance
Free Short Term & Long-Term Disability
Retirement Savings with Company Match
Generous Bonus Structure
Annual Merit/Goal Based Pay Increases
Leadership Skills Development & Mentorship Programs
Tuition Reimbursement
Free parking
Free food and discounted meals
Exclusive Discounts on Travel, Services, Goods and Entertainment
Live! is a 24-hour, 7 days per week high energy casino environment which includes potential exposure to alcohol and smoking
