Jennifer Weyna

Contract Position

• Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
• Negotiated contracts with suppliers to obtain favorable terms and pricing.
• Collaborated with finance departments on budgeting and forecasting activities, ensuring accurate representation of procurement expenses and cost-saving opportunities.
• Managed a team of procurement professionals, fostering collaboration and teamwork to achieve organizational goals.

• Tracked purchase orders and followed up with vendors and carriers to support timely deliveries.
• Managed a diverse portfolio of suppliers, ensuring timely delivery of goods and services at competitive prices.
• Developed and maintained detailed records of all procurement activities for accurate tracking and reporting purposes.
• Maintained ongoing communication with suppliers to promote workflow and respond to inquiries.
• Coordinated closely with finance teams to monitor budgets and cash flow implications related to procurement activities.
• Enhanced the accuracy of demand forecasting through data analysis, enabling better decision-making in the purchasing process.
• Mentored junior procurement team members, sharing expertise and fostering a culture of continuous learning and development.
• Negotiated favorable contracts with vendors for long-term supply agreements, securing stable pricing and reliable product availability.
• Evaluated vendor performance using key performance indicators to ensure continuous improvement in service delivery.
• Made valuable contributions to planning of promotions, pricing and inventory levels, enhancing inventory flow, revenue, and profits.

• Managed short-term and long-term material requirements for designated categories; assuring supply of needed raw materials and packaging items, i.e. lead audits, drive process change.

• Supported assigned facility, representing Sourcing in internal meetings; being a team member in helping resolve open issues; developing and implementing key supply chain strategies.

• Negotiated contracts with key suppliers in support of overall supply chain goals and objectives.

• Contract management organization and collection of vendor contracts – meeting with legal and finance internal auditing of contracts.

• Pricing and cost management; updating freight standards and quotes for designated vendors.

• Secured materials that best fit the 3 guiding principles of quality, service, and value.

• Practiced clear, concise, consistent, and top level written and oral communication.

• Proactively minimized and resolved invoicing/costing discrepancies.

• Analyzed market and delivery conditions to determine present and future material availability/price and prepare and present market analysis reports for categories.

• Management of inventory; reviewing items going out of shelf life; sending out communication and selling off inventory.

• Collaborated with cross-functional teams for the successful implementation of new compliance initiatives.
• Monitored adherence to industry regulations, ensuring timely reporting of any discrepancies or violations.
• Served as a subject matter expert on compliance matters, providing guidance and support to colleagues across various departments.
• Prepared documentation and records for upcoming audits and inspections.
• Assisted in the preparation of reports for senior management, outlining findings from investigations into suspected non-compliant activities.
• Evaluated third-party vendors for compliance with applicable laws and regulations, minimizing potential exposure to penalties or sanctions.
• Sourced suppliers for building upgrades, specialty packaging products, and equipment.
• Provided management team reports on open purchase orders (daily) and inventory usage (monthly).
• Provided backup support to Senior Buyer by issuing purchase orders and following up on existing purchase orders as needed.

• Implemented and managed Basic Energy's API Compliance program regarding Mast and Hoisting Tools.
• Purchased and maintained spare stock of engines, transmissions, traveling blocks, air slips, tubing tongs, tubing and rod elevators, and other misc. well service equipment.
• Worked with yard and regional managers to upkeep certification of Mast and Hoisting Tools; including providing yearly overview of retirements and expired certifications to be included in capital expenditures.
• Consulted with Executive Team to develop policies and procedures regarding purchasing and maintain equipment.
• Developed pricing programs with major vendors for use by Basic Energy Services and C & J Well Services.
• Assisted with purchasing, inventory, and liquidation of multimillion-dollar Pressure Pumping Division (PSD).
• Managed additional projects including RFID implementation, Base Beam Compliance, and company-wide standardization.

Assisted Director, International Derrick Projects and Quotations. Responsibilities included, but are not limited to, developing Commercial Proposals (CP) for Derricks, Components, Parts, and Engineering projects.

• Assisted in negotiating contractual changes with customers.
• Monitored project status and purchase order deadlines to ensure compliance with agree-upon terms and advised daily the Director, of work load, problems, and progress.
• Reviewed Terms and Conditions of contracts and Requests for Quotation (RFQ) of moderate to high value or complexity, including cost estimates, delivery schedules, and other contractual requirements.
• Coordinated with Engineering and Drafting personnel to develop fabrication documentation for assigned orders/ projects.
• Acted as point of contact to backup and support the Director for all topics related to Derrick projects.
• Remained knowledgeable and up-to-date on changes and developments within LCM products and production schedules.