Buyer

2 weeks ago

Cochin, Kerala, India NOV Full time ₹ 12,00,000 - ₹ 24,00,000 per year
Description

NOV is seeking a proactive and detail-oriented Buyer to support procurement operations within the Intervention and Stimulation Equipment (ISE) business unit. This role is responsible for sourcing and purchasing critical components used in manufacturing pressure pumping, coiled tubing, and well intervention systems. The Buyer will play a key role in maintaining supply continuity, meeting production schedules, and supporting NOV's commitment to quality and cost-effectiveness in a dynamic oilfield equipment environment.

Key Responsibilities:

  • Source and procure mechanical, hydraulic, electrical, and fabricated components based on engineering specifications and project demands.
  • Manage purchase orders throughout their lifecycle—creation, tracking, expediting, delivery, and invoice resolution.
  • Collaborate with engineering, production, planning, and quality teams to ensure material compatibility, availability, and compliance with design standards.
  • Negotiate pricing, terms, and lead times with domestic and international suppliers to drive value and performance.
  • Evaluate and monitor supplier performance, conduct vendor audits, and maintain approved supplier lists.
  • Support the introduction of new products and engineering changes by aligning procurement activities with development and manufacturing timelines.
  • Maintain accurate procurement records, contracts, and documentation in ERP systems (e.g., SAP, Oracle).
  • Ensure compliance with NOV's procurement policies, HSE standards, and industry regulations (e.g., API, ASME).

Requirements:

  • Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field. Degrees from a US or UK university is a plus.
  • Minimum 3 years of relevant procurement experience in oilfield equipment manufacturing or heavy industrial supply chains.
  • Strong technical understanding of oil and gas equipment, including pressure systems, pumps, skids, and control assemblies.
  • Excellent negotiation, communication, and organizational skills.
  • Proficient in ERP systems and Microsoft Office Suite.
  • Ability to interpret engineering drawings and collaborate across technical teams.
  • Experience with global sourcing, supplier development, and cost reduction initiatives.
  • Knowledge of industry-specific standards and materials used in well stimulation and intervention applications.
  • Professional certifications such as CPSM, CPIM, or PMP are an asset.

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