Head of Procurement

TITLE: PROCUREMENT HEADREPORTING TO: MANAGING DIRECTORPOSITION OVERVIEW:Lead and manage the procurement department, overseeing the procurement of materials, equipment, and services essential for ship repair, maintenance, and shipbuilding projects. Ensure cost-effective purchasing while maintaining high standards of quality, compliance, and supplier performance.SPAN OF CONTROL:• Oversee and manage a team of procurement professionals, including buyers, analysts, and support staff, ensuring effective task allocation and team productivity. • Establish and enforce procurement policies, procedures, and best practices to optimize procurement processes and ensure compliance with industry regulations. • Collaborate with project managers, production leads, and other departments to align procurement strategies with project objectives and timelines. • Evaluate supplier performance and manage relationships to ensure reliable supply chains and mitigate risks. • Conduct regular training and development sessions for procurement staff to enhance their skills and knowledge. • Monitor procurement metrics and report on savings, supplier performance, and inventory management to senior management. • Lead negotiations with suppliers and contractors to secure the best possible terms and conditions for the company. • Stay informed about market trends, supplier capabilities, and pricing to make informed procurement decisions. • Implement and manage procurement software and tools to streamline processes and enhance visibility.DUTIES & RESPONSIBILITIES:• Strategic Procurement: Develop and execute procurement strategies that align with company goals and optimize costs. • Supplier Management: Identify, evaluate, and select suppliers, negotiating contracts and agreements to ensure value for money. • Budget Management: Oversee the procurement budget, ensuring adherence to financial targets and minimizing excess costs. • Risk Assessment: Analyze and mitigate procurement risks, including supply chain disruptions and vendor reliability. • Inventory Management: Monitor inventory levels to ensure availability of materials while minimizing excess stock. • Collaboration: Work closely with engineering, production, and quality assurance teams to ensure timely availability of materials and compliance with specifications. • Quality Assurance: Establish quality standards for procured materials and services, ensuring compliance with industry regulations. • Continuous Improvement: Identify opportunities for process improvements within the procurement function to enhance efficiency and effectiveness. • Reporting: Prepare reports and presentations for senior management regarding procurement activities, savings, and supplier performance. • Compliance: Ensure procurement activities adhere to legal, regulatory, and ethical standards.KEY COMPETENCIES:• Education: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field; Master’s degree is a plus. • Experience: 7-10 years in procurement or supply chain management, with at least 3-5 years in a leadership role. • Negotiation Skills: Proven track record of successful negotiations with suppliers and contractors. • Market Knowledge: Strong understanding of market trends, pricing, and supplier capabilities within the marine or industrial sectors. • Analytical Skills: Ability to analyze data and market trends to inform procurement decisions. • Leadership & Team Management: Strong leadership skills with the ability to mentor and develop team members. • Communication & Interpersonal Skills: Excellent verbal and written communication skills for effective collaboration with stakeholders. • Project Management: Strong organizational and project management skills, with the ability to manage multiple priorities. • Technology Proficiency: Familiarity with procurement software, ERP systems, and data analysis tools.