Principal Buyer

Job Description

Remarkable people, trusted by clients to design and advance the world.

The Role

This is an exciting opportunity for experienced Principal Buyers with a proven track record in ensuring the timely Procurement of materials, goods, or information within a supply chain by coordinating with suppliers, vendors, and internal teams to resolve delays and optimize workflows for a high-profile client.

Our Clients and Projects

Designing the future. Transforming the world.

Wood's Oil, Gas & New Energies business is built on a strong legacy of delivering large and complex projects for national and international energy companies across the globe. We have experienced teams, a proven delivery model and a strong reputation.

We are the market-leading provider of integrated and innovative solutions that challenge the status-quo in the oil and gas upstream and midstream, onshore and offshore, gas to liquids and decarbonization and electrification markets. We pride ourselves in steady and predictable delivery, setting our sights on an exciting growth trajectory. 

Energy security, transition and supply have never been more important. You, our enabling teams, are at the very forefront of transformative projects that are providing sustainable power to generations to come. We are the ones to bring low-carbon concepts to reality.

What We Can Offer

• Meaningful and interesting projects: Delivered to high profile clients across the Energy Sector
• Commitment to Diversity and Inclusion: We are an organization actively committed to diversity and inclusion across our business 
• Competitive remuneration package: With regular reviews to ensure we are rewarding at the right level in line with the market 
• Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
• Group Life and Personal Accident Insurance: The company provides Life Assurance cover
• End of Service Gratuity: In line with UAE Labor Law, all employees are eligible for an End of Service benefit
• The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ service of our employees at 5 year service milestones
• Commitment to continued professional development: Development plans that are tailored to your individual needs and interests 
• Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession 
• Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems – delivered by experts in their field
  
  

The Key Objectives For This Role Are

• Responsible for the delivery of Procurement management initiatives across the business unit
• Implementing category strategies that deliver tangible and sustainable savings across the business
• Responsible for adding value / generating net savings through leveraging business wide spend, identifying efficiencies, driving out waste and reducing costs from within the supply chain, implementing and driving category management plans, driving innovation through strategic partnerships, effective executive Supplier Relationship Management, reduction and rationalization of suppliers, market and supplier intelligence to help inform management decisions
• The individual will sit as part of the business unit Category Supply Chain team and support wider Supply Chain strategy and delivery in areas of Deployed Procurement and Business Improvement initiatives
  
  

Responsibilities

Key Accountabilities and Responsibilities:

• Oversee the development and implementation of efficient procurement procedures and work practices, ensuring alignment with project requirements and industry standards
• Take ownership of the Project Procurement Execution Plan, regularly updating and maintaining it in accordance with project milestones and changes
• Collaborate effectively with Licensors, Clients, and Wood secrecy agreements, fostering positive relationships and ensuring adherence to confidentiality agreements
• Update and maintain comprehensive Project Supplier Lists, ensuring accuracy and relevance to project needs
• Input all progress data into the Material Management System, ensuring real-time and accurate updates
• Develop and nurture contacts with Suppliers' personnel, upholding ethical standards and corporate policies
• Maintain a professional reputation with Suppliers through adherence to a code of conduct and business ethics
• Stay informed about the materials supply situation, including area sources, price levels, and current deliveries
• Contribute insights into current and projected price and delivery trends when requested
• Provide valuable input to decision-making processes regarding procurement strategies
• Execute spare parts coordination activities in alignment with the Project Procurement Execution Plan
• Manage, direct, and support supply chain activities, ensuring compliance with company policies and procedures
• Accountable for the successful setup and delivery of all project supply chain processes, procedures, and activities
• Prepare and issue the project-specific procurement execution plan and/or contracting strategy, aligning it with project scope and incorporating computerized systems
• Establish and manage the project/procurement status report (PSR), adhering to project/client on-site dates and lead times
• Conduct regular PS meetings with client, procurement, engineering, and project management personnel to maintain pre-order deliverable dates
• Facilitating the communication between Discipline Engineering and vendors and other required stakeholders to drive and enhance the procurement execution
• Work closely with the engineering, project management, and procurement teams to enhance the procurement execution up to the expected standards
• Oversee procurement activities, including communications with ADNOC approved vendors, negotiating terms and conditions, and ensuring timely delivery of materials
• Maintain procurement schedules, conducting commercial evaluations and cost analysis and identify any cost-saving opportunities
  
  

Qualifications

Skills And Qualifications

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.

Expected

• Bachelor Degree in relevant discipline
• Fifteen (15+) years of relevant experience in the Oil & Gas or Petrochemical industry including minimum five years (preferred) in GCC region.
• EPCM/EPC Project procurement experience
• Ability to prepare negotiation strategies / techniques and participate / lead negotiations
• Good knowledge of project procurement execution (start to finish)
• Good knowledge of Oil and Gas supply chain or related supply chain
  
  

About Us

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.