Procurement Executive

As Procurement Executive you will be responsible for sourcing, negotiating, and procuring mechanical engineering components and related products from global suppliers. Your role includes managing supplier relationships, ensuring compliance with trade regulations, and optimizing procurement processes to meet project timelines and cost constraints.

• Source, negotiate, and procure mechanical engineering components from global suppliers.
• Build and maintain strong relationships with suppliers providing steel wire ropes, synthetic mooring ropes, and lifting accessories.
• Stay up-to-date with global market trends, pricing, and shipping logistics to optimize procurement processes.

• Identify, assess, and onboard new international suppliers to ensure a consistent supply of high quality materials.
• Manage long term partnerships with suppliers such as Kiswire, Crosby, and Dong Yang.
• Develop and implement strategies to improve supplier performance, focusing on cost reduction and enhanced delivery timelines.

• Negotiate procurement contracts to secure the best pricing, quality, and delivery terms.
• Ensure all purchasing activities comply with international trade regulations, import/export laws, and company policies.

• Collaborate with operations and project management teams to forecast product demand and manage inventory levels.
• Ensure timely and accurate delivery of products to meet operational needs, minimizing delays and stock shortages.

• Conduct market research and competitive analysis to identify opportunities for cost reduction and process improvement.
• Collaborate with the finance team to track budgets and maintain cost effectiveness in purchasing decisions.

Educational Background: Bachelor's degree in Mechanical Engineering.

• Minimum of 3-5 years of experience in international procurement within the mechanical engineering, marine, or construction sectors.

Industry Knowledge: Strong understanding of mechanical engineering products, including lifting accessories, ropes, chains, and other related components.

• Proficiency in Microsoft AX or similar ERP systems for purchase order management and invoicing.
• Familiarity with global procurement processes and international shipping logistics.
• Excellent negotiation, communication, and supplier relationship management skills.
• Analytical skills: Ability to conduct market research and utilize data for forecasting and inventory planning.