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Buyer

We are seeking a highly organized and detail-oriented Buyer to join our procurement team. The Buyer will be responsible for managing the purchasing process, from identifying supplier options to negotiating terms and ensuring the timely acquisition of goods and services. The ideal candidate will have a strong understanding of supply chain processes, vendor relationships, and cost management.

 

Key Responsibilities:

  • Supplier Selection & Management: Research, evaluate, and select suppliers based on quality, cost, and reliability. Maintain strong working relationships with current suppliers and identify new sources of supply.
  • Purchasing & Order Management: Place and manage purchase orders for goods and services, ensuring timely delivery and quality standards. Monitor inventory levels and ensure that purchases are made in a timely manner to prevent stockouts or overstocking.
  • Negotiation & Cost Control: Negotiate pricing, terms, and delivery schedules with suppliers to achieve the best value. Work to secure favorable contract terms and identify opportunities for cost savings.
  • Quality Assurance: Ensure that products meet quality standards and specifications. Work closely with internal teams and suppliers to resolve any quality-related issues that may arise.
  • Inventory Management: Work with the inventory team to track stock levels, review sales forecasts, and plan purchases accordingly. Monitor the performance of purchased goods and ensure proper inventory rotation.
  • Budget Management: Assist in preparing and managing the procurement budget, ensuring that all purchases are within budgetary guidelines and that any deviations are properly justified.
  • Market Research: Stay informed about market trends, new suppliers, and changes in the industry that could affect pricing or availability. Provide insights to management on opportunities and risks.
  • Documentation & Reporting: Maintain accurate records of all purchasing activities, including order confirmations, invoices, and contracts. Provide regular reports to management on purchasing performance and savings.
  • Collaboration with Other Departments:Coordinate with various departments (e.g., sales, production, finance) to understand their needs and ensure the timely acquisition of materials and supplies.

Skills & Competencies:

  • Strong negotiation skills and ability to secure favorable terms.
  • Excellent communication and interpersonal skills.
  • Ability to manage multiple priorities and meet deadlines.
  • Analytical mindset with a focus on cost reduction and efficiency.
  • Proficiency in Microsoft Office Suite and purchasing software (e.g., SAP, Oracle).
  • Strong attention to detail and organizational skills.
  • Knowledge of supply chain processes and inventory management.
  • Experience in purchasing, procurement, or supply chain management.

Education:

  • Bachelor’s degree in Business, Supply Chain Management, or a related field (or equivalent experience) preferred

Additional Qualifications (if any):

  • Certification in Supply Chain Management (e.g., CPSM, CSCP) is a plus.
  • Familiarity with relevant legal and regulatory purchasing requirements.
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What You Should Know About Buyer, NOV

Join our dynamic procurement team as a Buyer at our Conroe, Texas location! We are on the lookout for a highly organized and detail-oriented individual to manage our purchasing process. In this role, you'll be navigating supplier options, negotiating favorable terms, and ensuring we receive goods and services in a timely manner. Your strong understanding of supply chain processes and vendor relationships will be invaluable as you work to select and maintain quality suppliers. You’ll be responsible for placing and managing purchase orders, collaborating with internal teams to monitor inventory levels, and ensuring products meet our quality standards. With your exceptional negotiation skills, you'll negotiate pricing and contracts, striving for cost efficiency while keeping an eye on market trends to capitalize on new opportunities. If you thrive in a fast-paced environment and enjoy balancing multiple priorities, this role is perfect for you. Your proficiency with Microsoft Office Suite and purchasing software will help you document and report on all purchasing activities seamlessly. If you hold a Bachelor’s degree in Business or Supply Chain Management (or equivalent) and have experience in procurement or supply chain management, we want to hear from you! Ready to launch your career with us as a Buyer? Let’s connect!

Frequently Asked Questions (FAQs) for Buyer Role at NOV
What are the daily responsibilities of a Buyer at the procurement team in Conroe, Texas?

As a Buyer in our Conroe, Texas procurement team, your daily responsibilities would include managing the purchasing process, researching and selecting suppliers, placing and managing purchase orders, and monitoring inventory levels. You will also negotiate pricing and terms with suppliers, ensure that products meet quality standards, and collaborate with various departments to understand their needs. This role requires excellent organizational skills and the ability to manage multiple priorities effectively.

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What qualifications do I need to apply for the Buyer position in Conroe, Texas?

To apply for the Buyer position in our Conroe, Texas office, candidates should ideally have a Bachelor’s degree in Business, Supply Chain Management, or a related field, or equivalent experience. Experience in procurement, supply chain management, or purchasing is also essential. Strong negotiation skills, proficiency in Microsoft Office Suite and purchasing software, and a keen analytical mindset are crucial for success in this role.

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What skills are essential for a Buyer in our Conroe, Texas procurement team?

Essential skills for a Buyer position in our Conroe, Texas procurement team include strong negotiation capabilities to secure favorable terms with suppliers, excellent communication and interpersonal skills to collaborate with team members and external providers, and a solid understanding of supply chain processes. Additionally, attention to detail, organizational skills, and analytical abilities to focus on cost reduction and efficiency are critical for this role.

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How does a Buyer in Conroe, Texas ensure quality and timely procurement?

A Buyer in Conroe, Texas ensures quality and timely procurement by conducting thorough market research to select reliable suppliers, placing and managing purchase orders efficiently, and closely monitoring inventory levels. This includes actively coordinating with internal teams and resolving any quality-related issues that may arise. Regular communication with suppliers and systematic documentation of purchasing activities are also vital for maintaining quality standards and timely acquisition.

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What opportunities for growth are available for Buyers in the Conroe, Texas location?

Buyers in the Conroe, Texas location can expect various opportunities for career growth within the procurement field. This may include advancing to senior buyer roles, exploring management positions, or specializing in areas such as supplier relationship management or strategic sourcing. Additionally, pursuing industry certifications, like CPSM or CSCP, can further enhance career prospects and increase expertise in supply chain management.

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Common Interview Questions for Buyer
Can you describe your experience with supplier negotiation as a Buyer?

When answering this question, focus on specific examples where you successfully negotiated terms that benefited your company. Highlight your negotiation strategy, such as the research you did beforehand and how you communicated effectively with suppliers. Mention any challenges you faced and how you overcame them to secure favorable outcomes.

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How do you prioritize orders when faced with multiple requests?

It is important to discuss your methodology for prioritizing orders. Talk about how you assess factors such as urgency, stock levels, and departmental needs. Illustrate this with an example of a time when you successfully managed competing priorities while ensuring timely procurement.

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What strategies do you use for effective inventory management?

Explain how you track inventory levels and use sales forecasts to make informed purchasing decisions. Share any tools or software you use for inventory management and methods you deploy to avoid stockouts or overstocking. This shows your analytical and planning skills.

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Can you give an example of a successful cost-saving initiative you've implemented?

Share a specific example of a cost-saving initiative in which you identified savings opportunities, negotiated better terms, or optimized procurement processes. Discuss the impact this had on the company and what steps you took to implement it effectively.

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How do you keep up with market trends and suppliers?

Discuss your approach to staying informed about industry trends and building supplier relationships. Mention resources you utilize, such as trade publications, networking, and attending industry conferences. This demonstrates your initiative and dedication to being proactive in procurement.

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Describe a time when you faced a quality issue with a supplier.

Use this question to highlight your problem-solving skills. Describe the situation in detail and the steps you took to address the quality issue. Include how communication and collaboration with suppliers resolved the problem and what measures you implemented to prevent it in the future.

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What software or tools are you familiar with as a Buyer?

List specific software tools relevant to procurement, such as SAP, Oracle, or other purchasing software. Briefly explain how you used these tools in your past roles to streamline processes or improve efficiency, highlighting your technical acumen.

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How do you approach developing relationships with new suppliers?

Describe your strategies for building rapport with new suppliers. Focus on your effective communication, understanding their business, and conveying mutual benefit. Provide examples of how these relationships have positively impacted your procurement responsibilities.

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What role does collaboration play in your work as a Buyer?

Discuss how collaboration with various departments, such as sales, production, and finance, is critical in your role. Share experiences where effective collaboration led to improved procurement processes or better alignment with business goals.

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How do you address discrepancies in purchase orders and delivery?

Explain your approach to resolving discrepancies efficiently. Highlight your problem-solving techniques, how you communicate with suppliers and internal teams to identify the source of the issue, and your steps to prevent it from reoccurring.

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We power the industry that powers the world. NOV has a long and proud legacy of innovation and technology dating back to the earliest days of the oilfield. Building on that history, we continue to provide technology-driven solutions that empower...

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Full-time, on-site
DATE POSTED
August 1, 2024

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