Sr. Procurement & Inventory Specialist
Midland
Job Description Job Description Location : Midland, TX
Industry : Oil & Gas Products and Services
Context : Our client, an innovative leader within the oilfield products and services industry, is seeking a Sr. Procurement & Inventory Specialist to join their dynamic team in Midland, TX. The ideal candidate will have a strong background in procurement, specifically in buying, with extensive experience in inventory management systems such as JD Edwards, Oracle, and E1. This role requires a proactive approach to managing supply chain operations, enhancing vendor relations, and optimizing cost efficiency.
Key Responsibilities:
Coordinate the work of personnel engaged in receiving, issuing, and delivering supplies and equipment.
Maintain procurement records such as items or services purchased costs, delivery, product quality or performance, and inventories. Monitor procurement records to meet company requirements.
Analyze market and delivery conditions to determine present and future material availability, and prepare reports such as Business Cases, Lease vs Buy proposals, Economic Justifications.
Develop and manage a system to evaluate vendor quotations that utilizes appropriate negotiation and purchasing techniques to ensure best quality, price, delivery, and service.
Discuss defective or unacceptable goods or services with inspection or quality control personnel, users, vendors, and others to determine source of trouble and take corrective action.
Recruit and maintain suppliers that provide high quality products and services at a better price while maintaining the highest code of ethics and conduct.
Prepare and issue purchase orders and change of notices.
Review purchase order claims, contracts, and invoices for conformance to company policy.
Prepare and review contracts, bids, proposals, and vendor agreements for legal correctness, price, and acceptability of items to specifications.
Oversee all activities related to procurement of materials, parts, equipment, supplies, tools from intent to purchase through the delivery.
Negotiate or supervise the negotiation of requests for equipment, supplies, and services from suppliers and subcontractors.
Ensure procured items are supplied with adequate documentation and that all documentation is made available to the engineering staff.
Work with Product Line, Engineering and/or operations staff closely.
Work with suppliers to obtain product or service information such as price, availability, and delivery schedule.
Expedite delivery of goods to users both domestic and international.
Lead or assist Strategic sourcing projects and the Strategic sourcing group.
Assist the Corporate AP department with resolving supplier payment and system issues.
Assist Finance/Accounting departments with Forecasting and Budgeting.
Collect, interpret, and analyze relevant division spending as it relates to Strategic Sourcing & Supplier Performance evaluations in accordance with GSCP policies.
Create A3(Gantt) charts, manage timelines, monitor resources, material supply planning, delivery schedules and all data pertinent to global procurement/logistics. This includes international freight forwarding, documentation and compliance.
Qualifications :
Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
3-5 years of experience in a procurement role within the oilfield energy services industry.
Proficiency in JD Edwards, Oracle, and E1 inventory management systems.
Strong understanding of inventory management principles and techniques, including min/max inventory levels.
Proven ability to negotiate effectively with suppliers to obtain optimal pricing and terms.
Excellent organizational and time management skills, with the ability to manage multiple projects simultaneously.
Strong analytical and problem-solving skills.
Effective communication and interpersonal skills, capable of working collaboratively across various departments.
Certification in Supply Chain Management such as CPSM or CSCP is preferred.
Knowledge of the latest industry trends and technologies in oilfield energy services procurement.