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Develop and implement sourcing strategies to procure materials, equipment, and services needed for oil and gas operations.
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Identify, evaluate, and maintain relationships with reliable suppliers and vendors, ensuring they meet quality, cost, and delivery requirements.
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Lead negotiations with suppliers to secure favorable terms, including pricing, delivery schedules, and contractual conditions.
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Prepare, review, and manage contracts, ensuring compliance with company policies and legal requirements.
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Work closely with inventory and logistics teams to ensure timely delivery and proper storage of materials.
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Monitor and analyze procurement spending to identify cost-saving opportunities while maintaining quality standards.
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Identify and mitigate risks in the supply chain, ensuring continuity of supply and compliance with safety and environmental regulations.
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Conduct market research to stay informed about industry trends, pricing, and the availability of materials and services.
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Ensure that all procurement activities adhere to company policies, industry regulations, and ethical standards.
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Generate reports on procurement activities, cost savings, supplier performance, and market conditions for management review.