Procurement

CSM’s Global Procurement Services is positioned to meet the future expectations of our customers and the industry’s challenges by primarily focusing on analysing major spend categories, negotiating agreements with CSM’s key strategic suppliers to reduce legal and operational risks, driving P2P process improvements, focussing on supply to the most economical ports and managing supplier performance.

The CSM team of procurement professionals support our customers’ vessels from Singapore, Dubai, New Delhi & Lagos, collectively generating Purchase Orders on a premium supply base representing in excess goods / services.

The team comprises of specialists dedicated to each of procurement’s key functional responsibilities ie: Contracts Management, Supplier Relationship Management, Governance, Operational Purchasing and Spend Intelligence. This ensures industry best practice(s) within each procurement ‘discipline’ delivers the maximum savings / value and efficiencies across a complex global operation.

CSM is also embracing ‘world-class’ eProcurement / eInvoicing technology which will blend sourcing, contract & supplier management, reverse auctions, spend analysis functionality whilst achieving eInvoice payment efficiencies. Maximizing value and efficiencies utilising eProcurement enabling (spend management) technology to plan, forecast & measure results to achieve visibility, transparency and efficiency throughout the entire procurement cycle.

The key benefits for CSM’s customers are in operating efficiency and effectiveness, total cost reduction and supplier diversity.