Purchasing Manager

Key Responsibilities:

• Serves as a single focal point for Manufacturing and Operations
• Develop sourcing strategies; identify and recommend potential suppliers; negotiate terms and conditions for purchases; deliver company objectives
• Coordinate and oversee/supervise day-to-day purchasing activity for the Purchasing Department, encompassing and troubleshooting issues, be they supply, supplier, plant, or personnel related
• Oversee activities of Purchasing function at the plant location ensuring most competitive pricing and most suitable suppliers are contracted while ensuring adherence to all company purchasing procedures
• Negotiate purchase contracts as necessary to ensure continuity of supply at the most competitive prices
• Manage, revise, and implement purchasing processes and projects to increase company efficiency and minimize costs by actively (1) challenging vendor pricing, (2) initiating cost savings projects, (3) assessing vendor capabilities, and (4) developing alternate sources of supply
• Develop and maintain budgetary control through (1) short-term and long-term cost forecasting, (2) variance analyses, and (3) development of corrective actions to meet financial forecasts
• Maintain purchasing documentation and all internal systems and departmental records, including records of both current and historical purchases
• Develop new and maintain good business relationships with suppliers – evaluate supplier performance on an on-going basis, implementing corrective actions, as necessary, to ensure quality, cost, and delivery objectives are achieved
• Work with QA team to develop and introduce a Vendor Scoring Card system to effectively manage supplier relationships
• Coaches, develops, and motivates employees through formal and informal processes including dialogs, skill gap analysis, and training to meet efficiency and KPI targets in order to improve departmental performance.
• Understands and promotes concept of total cost of ownership and use it in day-to-day operations
• Holds regular review meeting with site leadership teams and provides updates on the status of purchasing activity
• Understand Operations / Manufacturing needs and ensures that goals are aligned with company goals, business drivers, and functional goals
• Work as a member, leader, or facilitator of cross-functional teams or task forces, as necessary, to progress the business.
• Ensure effective, accurate, and proper channels of communications
• Maintain the highest ethical standards and assure the fair and equitable treatment of all suppliers to (1) support the NOV Values & Vision and (2) provide the foundation for a competitive advantage
• Ensures that spend not covered by strategy is well managed, via market analysis, RFP/RFQ, supplier negotiation and other activities
• Contributes to the development and implementation of purchase-to-pay and strategic sourcing processes, procedures, and systems in full compliance with internal control requirements
• Maintains focus on value added activities and can identify and implement alternative, innovative, and creative solutions to drive lowest total cost of ownership. Capable of balancing cost saving opportunity with risk mitigation
• Develops strong working relationship with Category team; approaches the sourcing strategy methodology according to guidelines; conducts necessary project management activity for local site projects
• Acts as a champion of change with internal customers and staff
• At the site and global level, promotes cross-functional teams in assessing risks and developing models associated with supply and technical improvements
• Others tasks as assigned

Qualifications:

• Bachelor’s degree in Supply Chain Management, Business, Finance, Engineering, or related field (Master’s preferred).
• 7+ years of experience in sourcing, procurement, or supply chain strategy, preferably in a manufacturing environment.
• Deep knowledge of global trade policies, tariffs, and compliance requirements.
• Strong analytical and financial modeling skills; ability to translate complex data into clear business insights.
• Experience leading cross-border sourcing initiatives, including supplier transitions and manufacturing footprint optimization.
• Excellent communication and stakeholder management skills, with proven ability to influence senior leaders.
• Domestic and international travel may be required

Competencies:

• Strategic thinker with strong business acumen.
• Ability to anticipate global trade shifts and develop proactive strategies.
• Results-oriented, with a track record of delivering cost and risk reduction through sourcing initiatives.
• Comfortable working in a dynamic, uncertain environment with evolving regulations.