Procurement Officer (Marine Offshore)

Requirements:

• Minumum 4 years experience in Marine/Shipping Procurement

• Good understanding of Import/Export regulations

• MA in Business Administration, Supply Chain Management, or similar relevant fields
• In-depth knowledge of contracts, invoicing, and negotiation terms
• Good communication, interpersonal and leadership skills
• Negotiation aptitude
• Problem solver with a strong analytical mindset
• Outstanding organizational and time management skills
• Excellent customer service skills

• Preferably reside close to Saki Vihar, Andheri East

Key Role and Responsibilities:

1. Procurement Strategy Development:

·        Formulate and implement strategic plans for marine procurement, aligning with overall organizational goals.

·        Evaluate and enhance existing procurement processes to ensure efficiency and cost-effectiveness.

2. Supplier Relationship Management:

·        Identify, evaluate, and select suppliers for marine-related goods and services.

·        Build and maintain strong relationships with suppliers, negotiating contracts and terms to secure favourable agreements.

3. Compliance and Regulatory Oversight:

·        Stay abreast of maritime industry regulations and standards to ensure compliance in all procurement activities.

·        Implement and enforce policies and procedures that align with relevant legal and regulatory requirements.

4. Cost Optimization:

·        Conduct thorough market analysis to identify cost-saving opportunities without compromising quality or safety standards.

·        Implement cost-effective procurement strategies to optimize the overall budget for marine-related procurement.

5. Contract Management:

·        Draft, review, and manage contracts with suppliers, ensuring clear terms, conditions, and performance metrics.

·        Monitor contract performance and address any issues or discrepancies to maintain a seamless supply chain.

6. Collaboration and Communication:

·        Collaborate with internal departments such as logistics, operations, and finance to understand their procurement needs and requirements.

·        Communicate effectively with stakeholders to ensure alignment on procurement goals and priorities.

7. Risk Management:

·        Identify potential risks in the supply chain and develop mitigation strategies to address any disruptions.

·        Implement contingency plans to minimize the impact of unforeseen events on procurement activities.

8. Quality Assurance:

·        Work closely with quality assurance teams to ensure that procured goods and services meet the necessary safety and quality standards.

·        Establish and monitor key performance indicators (KPIs) to measure and improve supplier performance.

9. Technology Integration:

·        Leverage technology and procurement tools to streamline processes, track inventory, and enhance data-driven decision-making.

10. Leadership and Team Development:

·        Provide leadership and guidance to the marine procurement team, fostering a collaborative and high-performance work environment.

·        Develop and mentor team members, encouraging professional growth and skill development.

11. Strategic Planning - Supply Chain

·        Manage the entire process in the planning of procurement and supply chain activities, inventory control, logistics and distribution, ensuring effectively-functioning processes to avoid costly delays and lost opportunities

·        Be responsible for introducing process improvements in the supply chain and identify new vendors/suppliers.

·        Prepare monthly, quarterly and annual procurement plans and progress reports as required

·        Researches new products and services to meet company's goals

12. Logistics and Distribution

·        Assess appropriate material handling equipment needs and staffing levels to load, unload, move, or store materials.

·        Appraise vendor manufacturing ability through on-site visits and measurements.

13. Inventory Control

·        Implement strategies for effective inventory management, minimizing excess stock and reducing shortages.

·        Assisting and practicing Health & safety measurement in compliance with company's HSE policy.