Inside Yacht Industry: Trends & Insights

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

Industrial engineer with over 10 years of experience in purchasing in the nautical and marine industry, gained in complex, multicultural European environments.

Throughout my career, I have managed all categories of materials and subcontractors related to motor and sailing luxury yachts, developing strong skills in negotiation, supplier management, and procurement process optimization.

I am currently working as a Purchasing Manager with responsibilities across multiple company sites.

Q2. How have inflation and geopolitical uncertainty impacted your supply chain and purchasing strategies recently?

They had a significant impact on our supply chain and purchasing strategies over the past few years. We've seen high volatility in raw material prices, longer lead times, and higher logistics costs, particularly for technical and specialized marine components.

For example, the higher cost of energy had a big impact on glasses, big composite parts, as well as the volatility of some raw materials indexes had an impact on stainless steel or electrical parts. Furthermore, the high inflation has contributed to increased costs related to labor-intensive components and subcontracting.

Q3. What market demand trends are seen from…