Job Title: Procurement/Inventory Manager - Construction Industry Job Summary:The Procurement/Inventory Manager at Gregg Drilling LLC is responsible for developing and maintaining procedures for effective cost control and the organization of purchasing and inventory, this role will ensure that the company\u2019s drilling projects have access to the necessary tools, equipment, and supplies in a cost-effective and timely manner. Additionally, the manager will oversee accurate inventory levels, manage vendor relationships, and ensure the integrity of the procurement process, aligning with Gregg Drilling\u2019s operational goals. A thorough understanding of the construction industry and job cost principles is essential for success in this role. This position requires occasional travel between Gregg Drilling's locations in Signal Hill, CA, and Benicia, CA. Duties/Responsibilities:Procurement:\u2022 Develop and implement purchasing strategies to source equipment, materials, and supplies that meet project and operational requirements.\u2022 Negotiate and establish favorable contracts with vendors and suppliers.\u2022 Create purchase orders, track shipments, and manage procurement timelines to avoid delays in project execution.\u2022 Collaborate with project managers and field supervisors to forecast demand and ensure the timely delivery of materials.\u2022 Maintain purchasing records, monitor budgets, and ensure adherence to approved procurement procedures.Inventory Management:\u2022 Oversee and manage company-wide inventory levels, ensuring accuracy and availability of critical materials and parts for ongoing projects.\u2022 Develop and maintain an efficient inventory tracking system to reduce downtime and prevent stockouts or overstocking.\u2022 Conduct regular audits of physical inventory and compare with records to ensure accurate reporting.\u2022 Provide and maintain accurate inventory levels and values for use in the valuation of inventory on hand.\u2022 Work closely with the operations and mechanics team to ensure efficient storage, distribution, and replenishment of materials.Vendor Relations:\u2022 Build and maintain strong relationships with key suppliers and vendors, ensuring quality and reliability of goods and services.\u2022 Evaluate vendor performance based on price, quality, service, and timely delivery, and take corrective action when necessary.Cost Control and Budgeting:\u2022 Monitor and manage procurement costs and inventory expenses, identifying opportunities for cost savings.\u2022 Work with the accounting team to ensure proper coding of purchase orders and alignment with company financial processes.\u2022 Apply job cost principles to purchasing and inventory decisions to ensure accurate cost allocation to specific projects.Compliance and Reporting:\u2022 Ensure all purchasing and inventory activities comply with company policies, procedures, and industry regulations.\u2022 Provide regular reports on purchasing activities, inventory levels, cost analysis, and job costing to senior management.\u2022 Other duties as assigned. Required Skills/Abilities: \u2022 Strong knowledge of purchasing and inventory management software and systems (experience with Sage 300 is a plus).\u2022 Knowledge of construction industry practices and job cost principles is required.\u2022 Excellent negotiation, communication, and organizational skills.\u2022 Ability to work collaboratively with various departments, including project management, field operations, and accounting.\u2022 Strong organizational and analytical skills.\u2022 Excellent verbal and written communication skills \u2022 Excellent MS Office skills \u2022 Excellent customer service, problem solving and decision-making skills\u2022 Ability to work effectively and collaboratively, both as a team member and independently\u2022 Ability to work under pressure and meet deadlines.\u2022 Demonstrated ability to handle multiple tasks and assignments simultaneously\u2022 Demonstrated ability to identify and mitigate contracting risks with both commercial and government clients. \u2022 Must have a command of the contract negotiation steps, scope of work requirements-estimates, evaluation factors, change request vehicles, etc. \u2022 Must understand a variety of contract types \u2013 firm-fixed price, cost-plus, time and material, etc. \u2022 A CPCM and/or certified CCCM is highly desirable. Education and Experience:\u2022 Bachelor\u2019s degree in supply chain management, Business Administration, or a related field, or equivalent work experience.\u2022 Minimum of 5 years of experience in purchasing, procurement, or inventory management, preferably within the construction or drilling industry. Working Conditions:The physical and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Physical Demands: \u2022 While performing the duties of this job, the employee is required to walk, use hands to finger, handle objects, tools, or controls; reach with hands and arms; balance; stoop; bending or crouching; talk or hear. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. \u2022 Some lifting of files, opening cabinets. \u2022 Ability to lift up to 25lbs. \u2022 Bending or standing as necessary. Work Environment: While performing the duties of this job, the employee is exposed to weather conditions and other elements prevalent at the time. This description is not intended to be, nor should it be construed as an all-inclusive list of responsibilities, skills or working conditions associated with the position. It is intended to accurately reflect the activities and requirements of the position, but duties may be added, deleted, or modified, as necessary. This description does not constitute a written or implied contract of employment.