Senior Executive, Purchasing
2 days ago
**This position is for PaxOcean Group, a company under Kuok (Singapore) Limited.**
**Working Location: Tuas Shipyard**
The Senior Purchasing Executive plays a crucial role in driving the efficiency and effectiveness of the shipyard’s procurement operations. This position is responsible for leading a team of 2-3 purchasing professionals, overseeing all aspects of the procurement process, negotiating with suppliers, ensuring the timely and cost-effective delivery of materials and equipment for newbuilding, conversions, and repair projects, and maintaining a reliable supply chain to support ongoing construction and maintenance activities. The role also requires close collaboration with cross-functional teams and a focus on managing tight budgets, mitigating risks, and ensuring the highest standards of procurement performance.
**Tasks and Responsibilities**
- ** Managing a team of purchasing professionals**: This includes setting goals, delegating tasks, providing feedback, and evaluating performance.
- ** Developing and implementing purchasing strategies**: Develop procurement strategies aligned to the shipyard’s goals and objectives. Monitoring market trends and industry developments to make informed purchasing decisions.
- ** Supplier management**: Identify, evaluate and select suppliers based on quality, reliability and cost-effectiveness, and managing supplier relationships.
- ** Contract management**: Negotiate contracts, pricing, conditions and terms to achieve cost savings and meet quality standards. Draft and review contracts, ensuring compliance with legal and company requirements.
- ** Ensuring the timely and cost-effective procurement of goods and services**: This includes placing orders, tracking deliveries, and resolving any issues.
- ** Maintaining compliance with all purchasing policies and procedures**: This includes ensuring that all purchases are authorised and approved, and that all documentation is complete and accurate.
- ** Collaboration and coordination**: Collaborate with cross-functional teams within the shipyard to ensure that the purchasing function supports the overall business goals and communicates effectively with internal stakeholders and external suppliers.
- ** Risk management**: Identify and mitigate potential risks related to procurement, including supply chain disruptions and quality issues.
- ** Continuous improvement**: Drive continuous improvement initiatives within the purchasing department to enhance efficiency and effectiveness.
- Diploma or bachelor’s degree in supply chain management, business, or a related field.
- 3 - 5 years of experience leading a procurement or supply chain management team, with a track record of progressively increasing responsibility.
- Knowledge of relevant laws and regulations in the shipbuilding &/or shipyard industry.
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