Lead Souring Specialist at Baker Hughes

Leicester, England, United Kingdom

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Oil & Gas, Energy, ManufacturingIndustries

Requirements

Degree/HNC in Business discipline
Min 3 years of sourcing/materials experience
Strong negotiation and contract management skills, with excellent interpersonal and facilitation skills
Member or working towards membership of Chartered Institute of Purchasing and Supply/APICS
Strong process mindset
Strong financial and analytical skills
Experience using SAP or similar ERP

Responsibilities

Leading the development and execution of the assigned commodity strategies and supplier agreements/contracts
Acting as sourcing lead for assigned commodities, working closely with stakeholders to identify and enable most effective suppliers to business objectives
Meeting cost out deflation targets via supplier negotiations, alternate supplier development and/or shifting to Best Cost Region suppliers; develop strategic relationships with global suppliers
Collaborating with function stakeholders with cost out opportunities and supplier selections
Ensuring supplier performance stability to meet delivery, quality and inventory expectations, via lead time reductions, capacity improvements, etc
Driving supplier compliance to standard payment terms and reduce days to pay to meet cash goals
Leveraging vendor managed inventory (VMI), consignment, stocking programs and Min Order Quantity strategies with suppliers to meet fulfillment, cost and cash goals
Driving supplier selection, development, and overall supplier management excellence
Developing alternate sources and/or risk mitigation plans for single & sole source suppliers

Skills

Sourcing

Negotiation

Contract Management

Supplier Management

SAP

ERP

Financial Analysis

Stakeholder Management

Procurement

Vendor Managed Inventory

Baker Hughes

Energy technology solutions for oil and gas

About Baker Hughes

Baker Hughes provides a wide range of services and products aimed at improving the performance and sustainability of businesses in the oil and gas industry. Their offerings include advanced technology solutions, consultancy services, and training programs that help clients optimize operations, enhance safety, and minimize environmental impact. The company focuses on machine asset management and health monitoring solutions, and their training services combine e-learning with classroom instruction to boost workforce competency. Unlike many competitors, Baker Hughes integrates sustainability into its core business model, emphasizing environmental, social, and governance principles. Their goal is to lead the transition to cleaner energy by reducing their carbon footprint and promoting diversity and inclusion within their workforce.

Houston, TexasHeadquarters

1972Year Founded

IPOCompany Stage

Consulting, EnergyIndustries

Risks

Increased competition in decarbonization technology could impact market share.

Geopolitical risks may affect operations in Namibia and Abu Dhabi.

New product launches may face challenges in market adoption due to competition.

Differentiation

Baker Hughes offers advanced technology solutions for optimizing oil and gas operations.

Their sustainability strategy integrates ESG principles, enhancing their market appeal.

The company provides a unique blend of e-learning and classroom training services.

Upsides

Collaboration with UC Berkeley could lead to innovative decarbonization solutions.

Expansion in Namibia and Abu Dhabi strengthens their global market presence.

Recent investments indicate strong investor confidence in Baker Hughes' growth.

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