About this role
• Work closely with the operations teams to understand procurement requirements details and request vendor quotes.
• Participate in the new vendor approval process.
• Capture technical and commercial information and order goods in correct quantities to maintain the supply and demand balance.
• Coordinate with planning teams to gather service PO workscope, generate service POs and communicate information related to the scope and delivery terms with vendors.
• Follow up with vendors and suppliers regarding goods and service procurement and update production teams about delivery date changes when vendor PO due dates are rescheduled
• Identify and resolve issues with vendors arising throughout the procurement process.
• Identify ongoing procurement process improvement opportunities, review with management and implement as directed.
• Liaise with the account payable department.
• Comply with local regulations, API and ISO standard requirements.
• Participate in API and ISO audits and represent the NOV purchasing department.
• Perform other work-related tasks as assigned.
• Comply with all NOV Company and HSE procedures and policies.
• Analyze technical and commercial information from SMEs required to create vendor service POs.
• Coordinate with the quality control department and independent verification authorities to manage inspection and witness activities at the vendor’s site.
• Determine the timing of placing orders for goods based on required dates and lead times.
• Develop strong relationships with key suppliers and measure suppliers’ performance based on cost, quality, delivery, and service level.
• Analyze the market to identify opportunities to expand the vendor base.
• Determine vendors based on established criteria, negotiate the organization’s purchasing agreements/contracts, and ensure their materials and products meet the company’s specifications.
• Identify sources based on internal global inventory analysis.
• Coordinate with global NOV locations to fulfill unmet goods demand.
• Identify potential bottlenecks and implement procurement strategies that support the company goals and long-term outsourcing objectives.
• Routinely study vendor capabilities and new vendor establishments locally and regionally
• Visit vendor locations to evaluate opportunities to diversify the regional vendor base.
• Identify cost reduction opportunities by comparing multiple sources based on time-studies.
• Coordinate with all shop departments to maintain knowledge of plant operations and equipment design in order to plan effectively.
• Periodically review non-conformances and engineering changes to ensure suppliers are following correct revisions.
• Research and obtain technical guidance from engineering and manufacturing experts to resolve technical questions during procurement.
• A bachelor’s degree/Diploma in Mechanical Engineering required.
• Minimum of 05 years of experience with a working knowledge of procurement methods and procedures and processes.
• CIPS Qualifications (Desirable)
• Experience with ERP system required.
• Knowledge of ISO, API, ASTM Material Standards required.
• Knowledge of Casting, Forging, Heat Treatment process and raw material procurement required.
• Knowledge of machining, Special coating & other manufacturing processes
• Knowledge of Inventory Management
• Proficient in use of Microsoft Office suite of products.
• Strong communication in English (Both Verbal and Written)
• Strong time management and analytical skills