Senior Procurement Specialist
2 days ago
Job Role : SCM (Infra, Capex & Vendor Development) Job Summary : The incumbent facilitates efficient and cost-effective procurement of Infra and services essential for shipbuilding, repair, and offshore fabrication. They oversee the sourcing process and vendor management to ensure resource availability while optimizing costs and maintaining high-quality standards. By aligning procurement strategies with the timelines and objectives of shipbuilding, refit, repair, and heavy engineering projects, they mitigate supply chain risks and contribute to timely project completion. Job Responsibilities : Strategic: · Develop comprehensive supply chain strategy for Infra & Capex procurement operations. · Design detailed procurement roadmap Vendor Development and that integrates closely with Project Requirements. Functional: · Identify and qualify potential vendors for materials, components, equipment, and services required in shipbuilding and refit projects. · Conduct comprehensive assessments of vendors based on quality, cost, delivery capability, compliance with standards, and reliability. · Ensure purchase orders (POs) for Capex & Infra Materials are processed accurately, trackable, & compliant with organizational requirements. · Ensure that all procurement aligns precisely with the Bill of Materials (BOM), avoiding any project delays caused by material shortages or unavailability. · Develop and maintain a robust database of approved vendors and categorize them based on their strengths, capacities, and past performance. · Monitor and evaluate vendor performance regularly, ensuring they meet quality standards, delivery timelines, and cost parameters. · Identify potential supply chain risks and develop contingency plans to address issues related to vendor reliability, material shortages, or delivery delays. · Negotiate favorable terms, pricing, and contracts with vendors to secure cost-effective procurement without compromising on quality or timelines. · Conduct periodic audits of vendor facilities and processes to ensure compliance with quality, safety, and environmental standards. · Maintain up-to-date knowledge of industry trends, market fluctuations, and regulatory changes that may impact vendor performance or availability of materials. · Monitor and evaluate supplier performance based on KPIs such as on-time delivery, quality compliance, & responsiveness. · Establish multiple sources for critical components to reduce reliance on single supplier. · Ensure regulatory compliance in all quality control activities, aligning with ISO 9001:2015 for quality management, ISO 45001:2018 for occupational health and safety, ISO 14001:2015 for environmental protection, and industry-specific product certification standards for shipbuilding/ Ship repair. Financial: · Negotiate contracts to secure best terms for pricing, lead times, payment schedules, & service agreements. · Lead cost reduction initiatives by identifying alternative materials and vendors for Infra & Capex Items ,without compromising quality and functionality. People and Behavior: · Coordinate with engineering & production teams to accurately anticipate needs for long-lead- time Infra & Capex Items · Lead yard vendor development teams. · Set performance KPIs, monitor progress & drive corrective actions when necessary. · Develop improvement plans for underperforming vendors and identify alternative suppliers wherever necessary Preferred Qualifications: · Bachelor’s degree in Mech / Electrical Engineering , Supply Chain Management, Business Administration, or a related field is a must · MBA in Procurement Planning and Supply Chain Management is beneficial · Professional certifications in Procurement, Supply Chain Management, or Contract Management are beneficial. Preferred Experience: · 18+ years of experience in procurement or supply chain management, in Ship Building/Ship Repair, with a focus on equipment & Infra procurement within shipbuilding, heavy engineering, or a similar industry. · Proven experience in Imports, LC payment terms, Vendor Development, contract management, and managing a team of procurement professionals.
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