Senior Procurement Executive
Seddiqi Holding LLC
Total years of experience :10 years, 5 Months
• Handling group procurement requirements of IT, Finance & HR department.
• Developing and executing the sourcing strategy, including aligning with the key business partners across IT and other departments.
• Coordinating with multiple suppliers to determine the best deals for the company while evaluating price, payment terms, quality, speed of delivery and other factors.
• Manage tender documentation production and review for accuracy and completion.
• Conducting the sourcing and tendering process via SAP Ariba, preparing the RFQ/RFP document, performing market research & floating enquiries (RFI/RFQ/RFP) to the market with BOQs, specifications, drawings, technical checklist and obtaining quotes to negotiate and finalize the purchase or service after technical & commercial evaluation and supplier award and initiate contract if required.
• Engage in cross-functional coordination with legal, concerned departments (project owner), Finance and Information Security team to draft major agreements and supplier contracts.
• Managing contract administration in SAP Ariba once the contract is signed.
• Continually evaluate purchasing systems (eSourcing, contract management, supplier registration, spend reporting, etc.) for optimization, adequacy, and utilization.
• Assist in the development and implementation of SAP Ariba. Working closely with the SAP Ariba Administration team and providing regular feedback on challenges and ideas for improvement.
• Steering the vendor registration process for new suppliers, conducting all relevant checks in line with group policy
• Educating & briefing internal & external stakeholders on procurement policies, practices, abilities to increase awareness & engagement and ensuring the adherence to the same
• Managing daily, monthly and quarterly reports of purchase orders issued, open orders, cancelled orders.
• Performing regular market research, contacting new suppliers & staying up to date on industry trends and new products
•Coordinating with multiple suppliers to determine the best deals for the company while evaluating price, payment terms, quality, speed of delivery and other factors.
•Analyzing sales, stock levels, open order report, safety stock, lead time, etc. to assess the requisitions raised by Business units, verifying the requirements with specifications and terms and process the purchase order accordingly.
•Conducting the procurement and tendering process, floating enquiries to the market with BOQs, specifications, drawings and obtaining quotes to negotiate and finalize the purchase or service.
•Managing procurement of various businesses entailing strategic planning, project management, contract management, inventory management, supplier relationship management.
•Directing the development and implementation of key purchase/ procurement strategies and ensuring that plans are aligned with project requirements and in line with the project schedule.
•Negotiating & executing contracts by incorporating numerous bidders through the RFP processes, delivering balanced commercial terms and conditions and favorable payment terms.
•Engaged in cross-functional coordination with legal, business units and projects team to draft major agreements and supplier contracts.
•Conducting E-Auctions and generating profits for the company (for both direct & indirect procurement requirements).
•Conducting research & interviewing prospective suppliers to secure best quality products at minimal prices, thus saving costs and making procurement dynamic, maintaining the approved supplier list by conducting supplier feedback analysis annually.
•Steering the vendor registration process for new suppliers, conducting all relevant checks in line with group policy .
•Monitoring & reporting annual/regular procurement spend and sharing reports such as Stock Level Report, Open Order Report, Stock Ageing Report, Inventory Performance Report, and projects spend analysis to Finance Director & Procurement Manager.
Assisted in data cleansing, data migration from Oracle JDE to Epicor ERP. Also initiated and assisted in the process of new item master creation module of Epicor ERP.
• ERP Knowledge in creation of new items in Item Master Module of JD Edwards (ERP) from requests from various business units (Construction & Commercial sites).
• Coordinated with the requestors in case of inconsistency in the item creation requests and verifying with requisitions and getting the necessary approvals.
• Part of ERP Implementation team in getting the data clean-up and data enrichment of Item master and Supplier master for data migration from JDE to EPICOR (ERP).
• Assisted in Data cleansing and updating supplier master data while analysing more than 5500 supplier’s data.
• Coordinated with the Accounts department in data enrichment of Supplier master data.
• Assisted in process improvements and implemented corrective actions accordingly to increase overall team and organizational effectiveness.
Responsible for managing the day-to-day operations of the store, as well as setting customer service standards, and launching initiatives to hit sales targets. Developing and motivating a team, whilst ensuring everyone adheres to company policies and procedures.
• Monitored product availability levels and replenish stocks to ensure 100% availability.
• Achieved cost-effective procurement outcomes by establishing strong relationships with vendors and partners and negotiating well.
• Generated and implemented efficient sourcing and category management strategies.
• Reviewed all contracts and agreements to achieve best quality/best price purchasing.
• Managed and addressed shrinkage and stock loss.
Responsible for validation and testing of hardware and software of Telecom products.
• Developed and provided innovative product solutions in new releases of software / modules.
• Perform tests and characterizations of product features and performances
• Analysing test data to determine the causes of defects, failure, or flaws and facilitating corrective measures.
• Assist development teams in debugging defects
• Coordinated with cross-functional teams in release of latest hardware and software and implementation in final assembly.
• Training staff on validation parameters, overseeing validation technicians, and documenting processes.
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