Job Description
Position :Head – Procurement, Subcontracts & Stores Department : Procurement, Subcontracts & Stores

Location:
Sande Lavgan, Maharashtra Reporting To : Top Management Application Contact : Email: [email protected] Position Overview The Head of Procurement, Subcontracts & Stores is responsible for leading and managing all procurement, subcontracting, and inventory management activities to support shipyard operations efficiently and cost-effectively. The role focuses on sourcing quality products and services, developing strategic supplier partnerships, optimizing inventory levels, reducing procurement costs, and ensuring compliance with all statutory and regulatory requirements. The incumbent will play a critical role in ensuring uninterrupted operations while driving long-term value creation through effective procurement strategies, contract management, and supply chain optimization.

Key Responsibilities
Strategic Procurement & Vendor Management
• Develop and implement procurement strategies aligned with shipyard business objectives.
• Identify, evaluate, and establish relationships with reliable and cost-effective suppliers and service providers.
• Build and maintain strategic partnerships with key vendors to ensure quality, timely delivery, and competitive pricing.
• Conduct vendor performance evaluations and implement continuous improvement initiatives. Contract & Subcontract Management
• Lead negotiations with vendors, contractors, and subcontractors to secure the most advantageous commercial and contractual terms.
• Review, finalize, and manage procurement contracts, service agreements, and subcontracting arrangements.
• Monitor contract performance and periodically re-evaluate existing agreements to maximize value and minimize risk.




• Ensure all subcontracting activities are executed in accordance with organizational policies and legal requirements. Procurement Operations
• Approve procurement plans, purchase orders, and sourcing activities for goods and services required by the shipyard.
• Ensure timely procurement and delivery of materials, equipment, and services as per operational requirements.
• Coordinate with internal departments to clearly understand technical specifications, delivery schedules, and project expectations. Inventory & Stores Management
• Establish effective inventory control systems to ensure material availability while minimizing excess stock and carrying costs.
• Drive continuous improvements in inventory accuracy, stock visibility, and warehouse efficiency.
• Implement cost-saving measures and promote a culture of sustainable procurement and inventory optimization. Financial Planning & Cost Control
• Track, analyze, and report procurement performance metrics and key cost indicators.
• Develop procurement budgets and support cash flow forecasting in coordination with the Finance Department.
• Identify opportunities for cost reduction, process improvement, and operational efficiency. Risk Management & Compliance
• Anticipate supply chain risks and develop mitigation strategies to ensure business continuity.
• Monitor market trends, supplier capabilities, and changing commercial conditions.
• Ensure compliance with statutory, customs, excise, and other regulatory requirements applicable to procurement and imports.




• Maintain updated documentation and records related to procurement, subcontracting, statutory approvals, and audits. Stakeholder Management
• Collaborate closely with Operations, Finance, Engineering, Project Management, and other departments to achieve organizational objectives.
• Maintain effective relationships with government authorities, customs officials, statutory bodies, and key business partners. Qualifications & Experience
• Diploma or Bachelor's Degree in Supply Chain Management, Procurement, Engineering, Business Administration, or a related discipline.
• Significant experience in procurement, subcontract management, inventory control, and supply chain operations, preferably within Shipbuilding, Ship Repair, Marine, Heavy Engineering, Manufacturing, or Industrial sectors.
• Proven track record of managing large procurement budgets and complex vendor networks. Key Competencies
• Strong strategic sourcing and procurement management skills.
• Excellent negotiation and contract management capabilities.
• Sound knowledge of inventory management and supply chain processes.
• Solid analytical, commercial, and estimation skills.
• Financial acumen with experience in budgeting and cost control.
• Excellent planning, leadership, and stakeholder management skills.
• Strong understanding of statutory and regulatory compliance requirements.
• Ability to work effectively in a dynamic and fast-paced shipyard environment. Preferred Experience
• Experience in Shipbuilding, Ship Repair, Marine Engineering, Offshore, or Heavy Industrial Projects.
• Familiarity with ERP-based procurement and inventory management systems.
• Exposure to import/export documentation, customs regulations, and subcontract administration.

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