Procurement Specialist

5 days ago


Woking, Surrey, United Kingdom Petrofac Full time

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

The world is re-thinking its energy supply and energy security needs and planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.

This is an exciting time to join us on this journey.

We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

**Job Summary:**

We are seeking a skilled Procurement Specialist to join our team. The successful candidate will be responsible for identifying and evaluating potential suppliers, negotiating contracts and pricing, and managing supplier relationships.

**Key Responsibilities:**

  • Identify and evaluate potential suppliers for technical goods and services.
  • Negotiate contracts and pricing with suppliers to ensure cost-effective purchasing.
  • Manage supplier relationships and monitor supplier performance.
  • Ensure all purchases meet the company's quality and technical specifications.
  • Collaborate with engineering and production teams to understand technical requirements.
  • Maintain accurate records of purchases, pricing, and supplier performance.
  • Develop and implement purchasing strategies to optimize cost and efficiency.
  • Resolve any issues or discrepancies with suppliers and deliveries.
  • Conduct market research to identify new suppliers and products.
  • Prepare and present reports on purchasing activities and performance.
  • Ensure compliance with company policies and procedures.
  • Monitor inventory levels and manage stock replenishment.
  • Coordinate with logistics and warehouse teams to ensure the timely delivery of goods.
  • Evaluate and improve purchasing processes and procedures.

**Essential Qualifications & Skills:**

  • A bachelor's degree in procurement and supply chain management, Engineering, or a related discipline.
  • Professional certifications such as CPSM (Certified Professional in Supply Management) or CPP (Certified Purchasing Professional) are an added advantage.
  • Comprehensive understanding of the oil and gas sector, including the technical materials and equipment utilized.
  • Knowledge of industry-specific regulations, standards, and best practices.
  • Proficiency in procurement software and ERP (Enterprise Resource Planning) systems.
  • Strong analytical abilities to assess supplier performance, costs, and market trends.
  • Exceptional negotiation skills to secure favorable terms with suppliers.
  • Effective written and verbal communication skills for collaborating with suppliers and internal teams.
  • Competence in managing budgets and the financial aspects of procurement.
  • Understanding of cost management and financial analysis principles.
  • Strong organizational and project management skills are needed to manage multiple procurement activities concurrently.
  • Ability to negotiate effectively with suppliers to secure favorable terms and conditions.
  • Proficiency in analyzing market trends, costs, and supplier performance.
  • Capability to develop and implement strategic sourcing plans.
  • Commitment to maintaining high standards of quality and efficiency in equipment and tools.
  • Strong teamwork skills to work closely with various internal stakeholders.
  • Ability to identify and mitigate risks related to procurement activities and supply chain operations.


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