Job Details

Min Compensation

USD $168,300.00/Yr.

Max Compensation

USD $199,650.00/Yr.

Overview

Why We Need Your Talents:

With our rapid projected expansion, the Live! Casino & Hotel Brand is searching for the right talent to grow with the organization and help drive our future success.

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 a 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.
• Establish 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 shared 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.

Life at Live!

Individuals that are chosen to be part of the Live! Management Team can expect:

• To support and build a strong team, while valuing and celebrating our diversity.
• To be given the power and responsibility to prioritize service to our guests and community.
• To be given the tools, resources, and opportunity to grow in their career.
• To be part of an exciting experience unlike any other in the Industry.
• To work hard and have fun.

Live! is a 24-hour, 7 days per week high energy casino environment which includes potential exposure to alcohol and smoking.