Junior Procurement Buyer - Fuel & Lubricants

Join the Ritz-Carlton Yacht Collection:  Where Every Voyage is a Symphony of Luxury

Embark on an extraordinary journey with the Ritz-Carlton Yacht Collection, an exquisite extension of the renowned Ritz-Carlton brand, dedicated to redefining ultra-luxury hospitality at sea. As a "Lady or Gentleman" of our esteemed team, you'll be entrusted with the art of delivering the impeccable "Gold Standards" that have made the Ritz-Carlton an epitome of excellence across the globe.

The Essence of Excellence: The Gold Standards
The Gold Standards are the bedrock of the Ritz-Carlton experience, setting us apart in the industry and establishing a legacy of unparalleled service. These standards embody the values and culture that define our brand, and serve as the compass guiding our every endeavor.

The Employee Promise

At The Ritz-Carlton, our Ladies & Gentlemen are the most important resource in our service commitment to each other and our guests.

By applying the principles of trust, honesty, respect, integrity, and commitment, we empower and nurture talent to the benefit of each individual and the company.

The Ritz-Carlton fosters a culture where all are valued, quality of life is enhanced, individual aspirations are fulfilled, and The Ritz-Carlton Mystique is strengthened.

Join us on a journey where every day is a testament to the highest standard of luxury and service. Apply now and be part of an unparalleled legacy in hospitality.

Key Responsibilities:

1. Fuel & Lubricants Management

o Monitor and process vessel requests, RFQs, purchase orders, and invoices for fuel, lubricants, grease, additives, and marine technical items for the fleet according to vessel schedules.

o Collaborate with the Supervisor to ensure procurement aligns with operational needs and cost-efficiency objectives.

o Deal with suppliers, brokers, agents, and vessels to ensure correct bunker deliveries.

o Support sourcing of alternative suppliers or products where needed.

o Maintain accurate documentation for all processed orders.

o Communicate any issues with deliveries before and after bunkering with concerned parties and ensure the purchasing system is updated accordingly.

o Assist Accounting in resolving invoice and purchase order discrepancies.

o Perform other work-related tasks as assigned by the Supervisor.

o Coordinate with suppliers to consolidate orders and achieve cost savings.

o Support the implementation and monitoring of Key Performance Indicators (KPIs) to track supplier performance in terms of quality, price, service and on-time delivery.

o Liaise between internal customers and suppliers to ensure smooth operations.

o Support supplier relationship management, including identifying and sourcing potential suppliers, gathering market information, participating in industry trade shows where relevant, and maintaining professional relationships with suppliers.

o Work closely with Marine Operations and internal stakeholders to identify and source all products required for Marine Operations and support the identification of fit-for-purpose, cost-effective and “best in class” products.

o Assist in coordination with the Supervisor to ensure that received deliveries are closed and updated in ShipSure and MXP Systems.

o Ensure an effective bidding process for all purchased items, evaluating bids and making recommendations based on specifications and commercial factors.

o Establish product specifications for new items based on requirements provided by the Marine Operations team and manage product specifications and item setup in the Material Management System.

o Ensure that products are supplied in compliance with ISO and MARPOL regulations and international shipping requirements.

o Support the maintenance and continuous improvement of the Fuel Management System for supply chain-related tasks, including but not limited to inventory tracking, order processing and supplier performance monitoring.

o Prepare price comparisons, bid evaluations and commercial analyses to support purchasing decisions and supplier recommendations.

o Support negotiations with suppliers on price, delivery terms, payment terms and other commercial conditions, under the guidance of the Marine Procurement Manager.

o Monitor market conditions, supplier pricing and availability to identify potential cost-saving and sourcing opportunities.

2. Green Fuel & Sustainability Initiatives

o Support the adoption of biofuels and green fuels such as HVO, Bio LNG, and Bio MGO to comply with environmental regulations.

o Collaborate with technical teams to ensure fuel quality and compatibility with vessel specifications.

3. Operational Support & Succession Planning

o Provide daily support to the Category Manager, ensuring continuity in case of absence or transition.

o Participate actively in knowledge transfer to facilitate succession planning within the procurement team.

o Develop a strong understanding of fleet requirements, supplier markets, procurement processes and internal systems to ensure effective backup and continuity of procurement activities.

4. Reporting & Data Analysis

o Provide regular reports and updates to senior management regarding procurement activities, supplier performance, and cost-saving initiatives.

o Use procurement tools and systems to maintain accurate data, track spending, and assess procurement efficiency.

o Prepare spend analysis, price comparisons, supplier performance reports and other procurement-related analyses as required.

o Maintain accurate procurement data and support the identification of purchasing trends, cost-saving opportunities and potential supply risks.

o Support the preparation and monitoring of procurement KPIs and management reports.

5. Other Duties

o Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Functions, duties, responsibilities, and activities may change at any time with or without notice.

Qualifications:

· Education: Bachelor’s degree in engineering, Business, Supply Chain Management, or related field.

· Experience: 1–2 years of experience in procurement, purchasing, supply chain or a related role; experience in maritime fuel procurement, fuels, lubricants and/or marine technical items is preferred.

Skills & Competencies:

o Knowledge of maritime regulations and environmental standards for fuels.

o Basic understanding of procurement processes, sourcing, RFQs, bid evaluation and supplier management.

o Good commercial awareness and ability to analyze prices, quotations and supplier offers.

o Supplier management and basic contract negotiation skills.

o Strong communication, analytical, and problem-solving abilities.

o Ability to manage multiple procurement activities simultaneously, prioritize tasks and meet deadlines.

o Familiarity with procurement software and ERP systems.

o Good numerical and data analysis skills, with strong attention to detail.

o Ability to work independently on routine procurement activities while escalating complex or high-value matters appropriately.

o Proactive, structured and customer-oriented approach.

Languages: Fluent in English; French or Italian is a plus.

Working Conditions:

· Office-based in Monaco, with occasional travel for supplier or vessel visits.

· Full-time position with flexible hours based on operational needs.

The Ritz-Carlton Yacht Collection is an Equal opportunity, inclusive employer and will consider all applicants for employment with the Company on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.