Procurement Buyer

1 week ago

Faridabad, India Varel Energy Solutions Full time

Varel Energy Solutions (VES) is one of the world’s largest independent manufacturer and suppliers of downhole drilling and completions products to the energy sector. The key to the company's success is underpinned by the virtues and the cultural framework of our employees. VES offers an exciting and fast paced work environment, attractive benefits, and competitive pay. If you’re looking to invest in your career development, Varel Energy Solutions is the right place for you. Come join our team

Summary: VES is looking for a Procurement Buyer to join our team in Faridabad, India location. This person performs a variety of procurement activites such as purchase goods, materials and services to ensure that the company operational needs are met, taking into account price, quality and delivery and to ensure continuity of supply.

Follows all company and department policies and procedures with special consideration for safety.

Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Purchase goods, materials, components or services in line with specified cost, quality and delivery targets).
- Support the purchasing function and other relevant departments and communicate any supply problems which may impact on business operations.
- Act as an interface between suppliers and other relevant departments on purchasing processes and new projects and activities.
- Monitor market trends, competitor strategies and market suppliers. In addition to negotiating contracts, improve prices and terms of business with suppliers and review opportunities to make business savings utilising negotiation and procurement best practice tools and methods.
- Determine appropriate safety stock levels and forecast for components
- Ensure compliance to company guidelines, purchasing policies and procedures and OJEU guidance during supplier negotiations and contracts award process.

**Education & Knowledge**
- Bachelor’s degree in Mechanical Engineering/Diploma in Mechanical Engineering or other related field preferred.
- 2-3 years of related experience, experince in Oil and gas industry preferred
- Knowledge of ERP, SAP, MS office excel
- Experience in Procurement of API 5CT pipes seamless ,API audits ,BOP parts, supplier audits

Thank you for your interest in a career with Varel Energy Solutions.

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