Senior Executive, Purchasing

This position is for PaxOcean Group, a company under Kuok (Singapore) Limited.

Working Location: Tuas Shipyard

The Senior Purchasing Executive plays a crucial role in driving the efficiency and effectiveness of the shipyard’s procurement operations. This position is responsible for leading a team of 2–3 purchasing professionals, overseeing all aspects of the procurement process, negotiating with suppliers, ensuring the timely and cost-effective delivery of materials and equipment for newbuilding, conversions, and repair projects, and maintaining a reliable supply chain to support ongoing construction and maintenance activities. The role also requires close collaboration with cross-functional teams and a focus on managing tight budgets, mitigating risks, and ensuring the highest standards of procurement performance.

Tasks and Responsibilities

• 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.

• Diploma or bachelor’s degree in supply chain management, business, or a related field.

• 3 - 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.

• Preferably proficiency in procurement software, Microsoft Office applications and SAP systems.