Procurement Specialist

PRC Resources

Procurement Specialist

Midland, TX
Full Time
Paid
  • Responsibilities

    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.