Procurement Specialist

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    "ExternalDescriptionStr": "<p><strong>DUTIES &amp; RESPONSIBILITIES:</strong></p>\n<ul>\n <li>As a Procurement Specialist, you will play a crucial role in supporting our company's operations by managing the purchasing process for goods and services</li>\n <li>Creates requests for quotations (RFQ) and organizes competitive biddings from various suppliers to obtain the best quality, delivery, and price for goods and services</li>\n <li>Your expertise in procurement strategies and supply chain management will be essential in ensuring cost-effective and timely procurement of materials</li>\n <li>Develop and implement effective procurement strategies to support the company's operations and meet its purchasing needs</li>\n <li>Manage the entire procurement process from identifying the need for goods and services to negotiating contracts and finalizing purchases</li>\n <li>Conduct market research and stay updated on industry trends to identify potential cost-saving opportunities and develop relationships with new suppliers</li>\n <li>Evaluate and select suppliers based on quality, cost, and delivery time, ensuring the best value for the company</li>\n <li>Negotiate contracts and terms with suppliers to secure favorable pricing and payment terms</li>\n <li>Collaborate with cross-functional teams to understand their purchasing needs and provide guidance on procurement processes and procedures</li>\n <li>Monitor and track supplier performance, ensuring timely delivery and compliance with contractual agreements</li>\n <li>Maintain accurate and up-to-date records of all procurement activities, including contracts, purchase orders, and invoices</li>\n <li>Identify and resolve any issues or discrepancies with suppliers, including delivery delays, quality issues, and pricing discrepancies</li>\n <li>Continuously review and improve procurement processes to increase efficiency, reduce costs, and streamline operations</li>\n <li>Stay informed of industry regulations and compliance requirements related to procurement and ensure the company's adherence to them</li>\n <li>Train and mentor junior procurement team members to ensure their understanding and adherence to procurement policies and procedures</li>\n <li>Represent the company in supplier negotiations and maintain positive and professional relationships with all stakeholders</li>\n <li>Proactively identify potential risks and develop contingency plans to mitigate them</li>\n <li>Communicate regularly with internal stakeholders and provide updates on procurement activities and any potential issues or delays</li>\n <li>Other duties as assigned</li>\n</ul>\n<p><strong>SKILLS &amp; EXPERIENCE REQUIRED:</strong></p>\n<ul>\n <li>Completion of an undergraduate degree in technical, business, or similar discipline is required. Oracle Purchase to Pay knowledge is desirable.</li>\n <li>Skills are typically acquired through completion of an undergraduate degree in Engineering, Industrial Distribution, Business, or Supply Chain Management or a similar discipline&nbsp;</li>\n <li>A minimum of 3- 6 years of experience in Supply Chain Management activities/experience; Must have the skill sets and ability to interface across the entire enterprise (Engineering, Manufacturing, Quality, MP&amp;L, Trade Compliance, Accounting, etc.).</li>\n <li>The capability of understanding technical documentation and standards (machine drawings, material specifications and classifications, etc.) is required. Certification as a Supply Chain Professional is preferred.</li>\n <li>Oracle Fusion knowledge preference</li>\n</ul>\n<p><strong>COMPETITIVE BENEFITS:</strong>&nbsp;(visit usbenefits.nov.com for more information about our benefits offerings)</p>\n<ul>\n <li>401(k) Retirement Plan – NOV matches every dollar up to 5% of base pay and overtime for every dollar you invest.</li>\n <li>Competitive medical plans that are effective your date of hire. Visit <u>usbenefits.nov.com/cost-for-coverage</u> for more information.</li>\n <li>FREE MDLIVE&nbsp;virtual visits (when enrolled in an NOV medical plan).</li>\n <li>FREE preventative medical and dental care for the entire family (when enrolled in an NOV medical/dental plan and seeing an in-network physician).</li>\n <li>FREE Basic Life and AD&amp;D insurance at 2 times your annual salary (for full-time employees).</li>\n <li>All regular full-time employees start with 3 weeks of paid vacation per year (prorated based on start date). Pre-NOV relevant experience (years of service) may be considered for vacation accruals.</li>\n <li>All regular full-time employees receive up to 11 paid holidays per year.</li>\n <li>Flexible Workplace Program offering hybrid work arrangements up to two remote workdays per week&nbsp;</li>\n</ul>",
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