Stephen Johnson

Responsible for identifying key suppliers and strengthening relationships to consolidate spend. Negotiated over $1mil in rebates with key suppliers. Implemented a new purchasing strategy to leverage spend and reduce the amount of cost increases incurred. Decreased buyouts from 73% to 56% in two months using this strategy resulting in cost avoidance of 7%. Identify opportunities for inventory usage at different branches by running inventory analysis on a weekly basis to determine slow moving items.

Negotiate and place purchase orders for raw material (pipe, flanges, fittings), all work site consumables, project requirements including instrumentation, electrical components and support materials (hoses, joints, gaskets, nuts and bolts, etc.). Ensured material requirements including documentation, test reports and strict certifications for items were administered and adhered to. Responsible for planning sourcing strategies to improve the sourcing process for our Made To Order (MTO) requirements. Key issue was to identify gap in required delivery date and length of lead time. Helped to implement a sourcing concept of selecting preferred vendors to negotiate long term agreements for overtime and weekend rates. Negotiate terms and conditions for both on-site construction work and field service work at customer’s work site. Key issues include indemnity, liability and warranty. Analyze Supply Chain functions and used supporting data to identify weaknesses and improve processes in the Procurement department.

Focused on purchasing capital equipment, water makers, lubricants and mud pumps up to $7,000,000 through the RFQ process. Expedited POs as necessary. Responsible for sourcing, supplier management and reviewing vendor’s yearly performance through Noble’s established KPI’s. Worked with low performing vendors on a quarterly basis to improve their deficiencies. Negotiated multi-year contract agreements with different manufacturers and distributors for repeated purchase items. Executed Index Match and used VLookup functions in Microsoft Excel pull out historical spending, purchased quantities and on time delivery performance. Pulled this information into a Pivot Table to review and access multiple bids and award the contracts.

Procured various materials for rigs in the Middle East; managed PO’s up to $500,000. Sourced electric, mechanical and drilling tools before purchasing on behalf of the rigs. Responsible for vendor management and ensuring strict bidding procedures were adhered to through Weatherford’s RFQ process.

Purchased and expedited material for Rotary Screw Compressors which included bearings, gaskets, couplings and mechanical seals using a simple MRP system (E2). Negotiated and maintained consignment inventory of Bearings. Inventory value exceeded $250K. Responsible for building and maintaining the Builds of Materials (BOMs). Read compressor drawings to reverse engineer each unit for both bearings, shaft seals and other miscellaneous parts.

Purchased electronic materials using a MRP system. Ensured precise price and planning for optimal product turnaround to manufacture and assemble drill tools. Managed purchase orders and blocked invoices from all vendors.