Procurement Team Lead - Tuas, Singapore - Kuok (Singapore) Limited

Kuok (Singapore) Limited

Verified Company

Tuas, Singapore

2 weeks ago

Posted by:

Wei Jie

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Description

The Procurement Team Lead is pivotal in efficiently operating the shipyard's procurement activities.

This position is responsible for leading a team of purchasing professionals, overseeing the purchasing process, negotiating with suppliers, ensuring timely delivery of materials and equipment required for shipbuilding projects, managing tight budgets, and ensuring a reliable and efficient supply chain to support construction and maintenance activities.

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.

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.
Strong leadership and team management skills.
Excellent negotiation, communication, and problem-solving abilities.
Strong analytical and decision-making skills.