- The Buyer will be responsible to assist with sourcing/identifying suitable equipment, negotiating, and procuring materials, equipment, and services required for the operation and maintenance of drilling and well-servicing rigs, which meet required delivery, quality and engineering specifications, and pricing according to project needs and constraints (timing and budgets).
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Source and purchase equipment and supplies for project and field operations, as well as maintenance departments (shop and operations yard), including equipment repairs via Third-Party contractors.
- Source both domestically and internationally to ensure competitive pricing and quality.
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Organize/coordinate delivery from suppliers to meet required time-frame constraints.
- Stay informed about market trends for logistics and regulatory requirements that can impact the company’s procurement needs and policies, which in turn can disrupt operations and adversely affect the company’s different revenue streams.
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Monitor inventory levels of drilling and well-servicing rig equipment and materials and ensure timely replenishment to support operational needs are always met while minimizing excess inventory and unnecessary carrying costs.
- Ensure purchases are made in accordance with company guidelines.
- Manage Supplier relationships by building and maintaining strong relations with suppliers to ensure on-time delivery, quality/engineering requirements, technical specs for industry standards compliance, and responsiveness to company needs.
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Conduct regular supplier evaluations and performance reviews.
- Conduct quantitative and qualitative reviews in a comparatively approach of vendor performance (pricing, on-time delivery, responsiveness, service, and product quality, etc.).
- Obtain and provide technical data when required.
- Negotiate contracts, terms, conditions, and pricing with suppliers to achieve cost savings while maintaining the required quality and reliability needed/requested by the Operations team.
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Collaborate with legal and finance teams to ensure contracts meet company standards and requirements.
- Ensure purchase orders are completed to relevant commercial standards in an accurate manner and within the required time limit.
- Review outstanding purchase orders and follow-up with relevant suppliers.
- Resolve any issues with suppliers etc. e.g., incorrect invoices, incorrect parts (quantity, type, size, etc.), credit returns.
- Utilize Incoterms and leverage in favor of the company, as necessary.
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Stay informed about market trends, technological advancements, and regulatory changes in the oil and gas industry. Conduct market research to identify potential new suppliers, products, and cost-saving opportunities.
- Conduct research on equipment and suppliers and communicate to the Team.
- Collaborate with cross-functional teams including drilling operations, engineering, and maintenance.
- Provide internal customers with feedback on expected delivery dates and goods with special attention on those goods that need to be substituted.
- Review and update performance reporting on a regular or as-required basis.
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