Procurement Manager
STONE Oil & Gas
Total years of experience :18 years, 0 Months
• Lead and supervise a procurement team to ensure efficient spending of a combined local & international projects’ budget of $1.8B
• Adding significant business value to the company through feasibility studies that resulted in the reducing the overall budget by 15%.
• Successful evaluating of techno-commercial analysis all bids with different weighting for price, technical, delivery date and performance for each individual project.
• Created and tracked vendor KPIs to measure their performance in delivery time, cost and quality
• Development of procurement plans, strategies and policies.
• Research and Outsource new supplier, sub-contractor & vendors.
• Perform purchasing activities from local and international markets.
• Analyze and evaluate all purchasing requisitions to ensure clarity and completeness in material, service and equipment description.
• Review vendors and suppliers quotations to determine best price and delivery date.
• Manage and drive continuous quality improvement program.
• Drive and execute cost reduction activities to meet management targets.
• Negotiate prices and terms with suppliers, vendors or subcontractor
• Liaise with Accounts Payable Department to ensure accurate and timely payment of invoices, as necessary for the suppliers or subcontractors
• Manage activities related to strategic or tactical purchasing, material requirements planning, inventory control, warehousing, or receiving.
• Create / follow up and implement KPI’s.
** Achievements
- Generated & developed a comprehensive company procurement procedure.
- Assigned as Project manager for CYLINGAS IT stand-alone project.
• Review cost data source documents (PO’s, Subcontracts) and similar documents for
assignment of correct cost codes.
• Maintain project records of cost data for all cost analysis and reporting functions
from various sources.
• Assemble data for preparation of project cost reports and cost forecasts.
• Identify areas of budget concern and potential impact on project financial
performance.
• Assist with implementation when applied to a project
operation, and monitor work Productivity against established norms.
• Apply Company policies and procedures and Country labor law as related to
manpower daily and overtime rates for forecast and future planning reports.
• Work with all project disciplines to ensure understanding of total project cost budget
allowances and targets.
• Responsible for total integration of project cost control and reporting activities.
• Supervise and direct the obtaining of required cost information for all cost analysis
and reporting functions from various sources, both on and off project. i.e. tendering.
• Identify areas of budget concern and potential impact on project financial
performance.
• Plan, organize and supervise collection of data and issue of project cost reports and
preparation of cost forecasts.
** Awards: Best Safety worker of the month
• Prepare and issue Invitations to bidders to bid for tenders and understanding of the forms of contract in awarding process, Participate in bid receipt and control.
• Prepare technical/commercial evaluation of bids and recommendations of award for review by procurement manager.
• Participate in the negotiation process to a reasonable extent.
• Maintains control of correspondence, attends meetings and maintains files in an order.
• Prepares and issues contracts and agreements following the guidance and guidelines of the procurement policies.
• Approve and issues purchase orders in accordance with company policy and negotiated terms and conditions.
• Discuss defective or unacceptable new goods or services with users, vendors and subcontractors to determine root cause and take corrective and preventative action.
• Ensure supplier / subcontractor compliance with site and company requirements for safety measures.
• Manage vendor / subcontractor relationships and assist in building effective partnerships.
• Define project / project area needs for cost control in accordance with company procedures and client contractual requirements.
• Supervise the competent performance of cost control activities and timely issue of reports
• Define project / project area needs for schedule development, maintenance and monitoring in accordance with company procedures and client contract requirements.
• Supervise the competent performance of schedule development, maintenance, monitoring and analyzing activities and timely issue of reports.
• Prepare, coordinate and supervise cost and scheduling presentations to company and client management as required.
• Liaise with Accounts Department to charge company’s overheads (indirect costs) according to company’s overhead allocation system / procedures.
• Responsible for the development and accuracy of cost and schedule reports. Verify consistency with previous reports to ensure compatibility.
• Responsible for preparing reports required by company management and project management.
• Monitor project activities against contract scope of work. Prepare additional work cost estimates.
• Prepare and coordinate the development of staffing plans for cost and scheduling activities.
** Achievements
- Implemented and developed the company standard cost coding and control system.
- Developed the reporting system formats and established new reports.
• Scrutinizing Project Specifications and Drawings.
• Preparing Material Procurement Schedule, Sub-Contractors Schedule from the contract documents.
• Floating of Inquiries to Vendors, Scrutinizing quotations for technical & commercial aspects, Negotiations with vendor’s technical / commercial aspects.
• Preparing feasibility study and bid summary.
• Preparing replies to specific queries raised by the client and consultant with regards to technical Approvals.
• Preparing Purchase Orders and subcontractors agreements, Identify Traceability Requirements from the Purchase Order, Drawings and Specifications and Establish Practical means of Implementation Post Order Follow Up /Expediting.
• Responsible for Purchase of Heavy equipment (Trucks, Tractor heads, semi trailers, mobile cranes, tower cranes, Generators… etc.) / Materials (Steel, Cement, block, Wooden items… etc.) from International market as well as from the local market and traders.
• Preparing weekly status reports on the status of the ordered equipment / materials.
• Advising Management on the international market trend and price level of various products