Procurement Specialist
2 weeks ago
Location: Midland, TX
Industry: Oilfield Energy Services
Context: We are seeking a dedicated and skilled Procurement Specialist to join our dynamic team within the oilfield energy services industry. 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:
- Manage the entire procurement process for oilfield equipment and services, ensuring efficient and cost-effective acquisition.
- Develop and maintain strong relationships with vendors and suppliers, negotiating contracts to secure favorable terms and pricing.
- Utilize JD Edwards, Oracle, and E1 systems for order processing, inventory tracking, and financial reporting.
- Implement and oversee inventory management practices, including setting and maintaining minimum and maximum inventory levels to ensure uninterrupted operations.
- Analyze market trends and vendor performance to recommend procurement and inventory strategies that align with company objectives.
- Coordinate with internal departments to forecast needs and plan procurement schedules.
- Ensure compliance with both internal procurement policies and external regulatory requirements.
- Address and resolve any issues related to order fulfillment, supplier performance, and invoice discrepancies.
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.
Additional Skills:
- 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.
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