Location: Conroe,TX, USA
Key Responsibilities:
Supplier Management:
* Develop and maintain strong relationships with key suppliers.
* Negotiate pricing, terms, and delivery schedules with suppliers.
* Evaluate and select new suppliers to meet company needs for raw materials, components, and finished goods.
* Monitor supplier performance metrics to ensure they meet quality, cost, and delivery requirements.
Purchasing Operations:
* Oversee the procurement process from order creation to delivery and payment, ensuring compliance with company policies and procedures.
* Review and approve purchase orders, contracts, and payment schedules using the ERP system.
* Collaborate with the planning team to maintain a daily expediting program, ensuring on-time deliveries.
* Track and report on key purchasing metrics, supplier performance, and delivery timelines to ensure procurement KPIs are met.
Procurement Strategy:
* Develop and implement strategic sourcing initiatives to optimize procurement costs and ensure the timely delivery of materials and components.
* Conduct market analysis to identify new opportunities for cost reduction and efficiency improvements.
Inventory Management:
* Collaborate with production planning and inventory strategy teams to ensure efficient inventory levels, reduce excess stock, and minimize shortages.
* Implement just-in-time (JIT) or other inventory management strategies to reduce holding costs and improve workflow.
Cross-functional Collaboration:
* Work closely with engineering and production teams to understand material requirements for new product designs and manufacturing processes.
* Assist the quality assurance department in ensuring suppliers meet all necessary certifications, standards, and regulatory requirements.
* Work closely with business systems team to ensure smooth integration of procurement data with other functional areas for better cross-functional alignment.
Data Analysis and Reporting:
* Utilize ERP and advanced data analytics tools to analyze procurement data, identify trends, and generate reports that provide actionable insights.
* Monitor procurement performance using KPIs, helping to drive continuous improvements in procurement processes.
* Prepare detailed analytical reports for senior management to inform decision-making and process improvements.
Continuous Improvement:
* Identify opportunities for process improvement in the procurement cycle and implement best practices.
* Stay up to date with industry trends, market conditions, and new technologies related to pressure control equipment manufacturing.
Qualifications:
* Education:
* Bachelor's degree in supply chain management, Business Administration, Engineering, or a related field. A master's degree or relevant certifications (e.g., CPM, CPIM) is a plus.
* Experience:
* Minimum of 5 years of experience in a purchasing or procurement role, with at least 2 years in a managerial capacity within a manufacturing environment, preferably in pressure control equipment or related industries.
* Extensive experience working with ERP systems, particularly Oracle Cloud or similar ERP systems, to manage procurement operations.
* Skills:
* Advanced knowledge of procurement processes, vendor negotiations, and contract management.
* Strong proficiency in Oracle Cloud or similar ERP systems.
* Excellent analytical skills and experience in data-driven decision-making, especially in large-scale procurement and manufacturing environments.
* Strong communication and interpersonal skills to interact with suppliers, team members, and senior management.
* Knowledge of supply chain and inventory management techniques, particularly in a manufacturing setting.
* Personal Traits:
* Excellent negotiations skills with effective communication skills.
* Results-driven and able to thrive in a fast-paced environment.
* Detail-oriented with a strong organizational skill.
* Problem-solving mindset with a focus on cost optimization, operational efficiency, and continuous improvements.
Competitive Benefits (visit usbenefits.nov.com for more information about our benefits offerings)
* 401(k) Retirement Plan - NOV matches every dollar up to 5% of base pay and overtime for every dollar you invest.
* Competitive medical plans that cover your entire family (yourself, eligible spouse, and eligible children) as of your first date of hire for as little as $139 per pay period (bi-weekly.)
* FREE preventative medical and dental care for the entire family (when enrolled in an NOV medical/dental plan and seeing an in-network physician).
* FREE Basic Life and AD&D insurance (for full-time employees).
* All regular full-time employees start with 3 weeks of paid vacation per year (prorated based on start date).
* All regular full-time employees receive up to 11 paid holidays per year.