Procurement Specialist

PRC Resources - Midland, TX

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.


Posted On: Wednesday, May 1, 2024
Compensation: $80,000



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