Technical Procurement Specialist

Job Summary

A technical procurement specialist supports various business lines to identify, shortlist, select, and acquire suitable goods or services or works from a third-party vendor through a direct purchase while ensuring timely delivery of the right quality and quantity. This role is also expected to maintain and build relationships with the existing suppliers and strategically diversify NOV’s supplier base through market research. Having technical aptitude, the technical procurement specialists ensure the conformance of goods and services with engineering specifications during the entire procurement process.

Primary Responsibilities

• 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.   

Education & Experience Qualifications

• A bachelor’s degree/Diploma in Mechanical Engineering required.
• Minimum of 04 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