Procurement Executive

As a procurement executive, you are responsible to manage the procurement of materials, equipment, and services necessary for each project. This role requires balancing cost-effectiveness, quality standards, and project deadlines as well as client-relationship management while sourcing and managing vendors and suppliers.

Job Description

1. Vendor Sourcing and Evaluation · Identify and assess potential suppliers of materials, equipment, and services specific to marine construction industry. · Interact and maintain strong relationships with suppliers to ensure the consistent availability of critical resources/materials.

· Compare 3 vendor/supplier’s term and pricing and contracts according to project requirements. · Work within project budgets to optimize costs without compromising on quality or timelines. · Conduct periodic audits and inspections of suppliers to ensure adherence to quality and regulatory requirements. 2.

Inventory Management · Work closely with project teams and other stakeholders to align procurement activities with project timelines and specifications. · Place purchase orders based on requests or inventory needs through ERP portal.

· Ensure the timely and efficient delivery of materials and equipment to construction sites to meet project schedules. · Adjust procurement strategies based on project changes or evolving requirements. · Monitor inventory levels and manage stock to prevent shortages or excess materials.

· Ensure all items purchased and received according to specifications & compliance with standards. · Maintain accurate records of purchases and pricing. 3. Risk Management · Identify, assess, and mitigate procurement risks, such as supply chain disruptions, price fluctuations, and vendor reliability issues.

· Develop contingency plans to address potential delays or resource shortages, especially in remote or offshore environments.

Requirements

Bachelor’s degree in Supply Chain Management, Business Administration, Marine Engineering, or