FAIZAL THEKKEKARAMEL, Group Buying / Purchase Head

FAIZAL THEKKEKARAMEL

Group Buying / Purchase Head

RAK National Markets

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Finanace
Experience
16 years, 10 Months

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Work Experience

Total years of experience :16 years, 10 Months

Group Buying / Purchase Head at RAK National Markets
  • United Arab Emirates - Ras Al Khaimah
  • My current job since August 2019
Buying & Purchase Head. at Roseberry Supermarket L.L.C
  • United Arab Emirates - Dubai
  • March 2018 to July 2019

 Develop and execute procurement strategies for purchasing of manufactured items and raw materials.
 Plan and implement processes and procedures for company product purchases.
 Analyze vendor quotes and select products from suppliers based on price and quality.
 Negotiate shipping and receiving contracts ensuring on time delivery for critical inventory.
 Certify and document products in receiving department in order to verify quantity and accuracy of shipments.
 Review purchasing agreements to find errors, detect commissions, identify price changes and eliminate duplication.
 Handle procurement documentation in order to maintain detailed records.
 Analyze and monitor sales records trends and economic conditions to anticipate consumer buying patterns and determine what the company will sell and how much inventory is needed.
 Liaise with sales and other purchasing personnel to obtain information about customer needs and preferences.
 Monitor competitors' sales activities by following their advertisements in newspapers and other media, interview and work closely with vendors to obtain and develop desired products.
 Negotiate prices, terms and transportation arrangements for merchandise.
 Set or recommend price increases / reductions.
 Conduct staff meetings with sales personnel to introduce new merchandise.
 Determine which products should be featured in the flyer.
 Monitor product margin and sales performance.
 Train and supervise purchasing administrative staff.
 Test products for quality control purposes.
 Authorize payment of invoices or return of merchandise
 Elaborate the listing and de-listing strategy.

Purchaser & Senior Buyer. at Nesto Hypermarket
  • United Arab Emirates - Sharjah
  • September 2014 to February 2018

 Testing product samples.
 Developing the procurement strategy.
 Negotiating commercial contract arrangements with suppliers.
 Negotiating prices, quantities and delivery time-scales.
 Sourcing suppliers by various means.
 Selecting a range of products to sell in retail outlets.
 Writing reports about predicted future sales.
 Ensuring that products are delivered on time.
 Calculating the impact of any purchases on company sales and gross margin.
 Searching the market for opportunistic purchases.
 Taking into account customer demand, price, quality and availability before making a decision.
 Looking out for price fluctuations in the market place.
 Analyzing consumer buying patterns and predicting future trends.
 Writing up accurate buying reports.
 Reacting to any changes in customer demand.
 Developing effective working relationships with our suppliers.
 Developing new supplier relationships.
 Reviewing pricing and promotional strategies.

Senior Buyer & Purchaser. at LULU Group International
  • United Arab Emirates - Abu Dhabi
  • June 2007 to July 2014

 Develop and execute procurement strategies for purchasing of manufactured items and raw materials.
 Plan and implement processes and procedures for company product purchases.
 Analyze vendor quotes and select products from suppliers based on price and quality.
 Negotiate shipping and receiving contracts ensuring on time delivery for critical inventory.
 Work with vendors to expedited delivery and resolving product issues.
 Certify and document products in receiving department in order to verify quantity and accuracy of shipments.
 Review purchasing agreements to find errors, detect commissions, identify price changes and eliminate duplication.
 Authorize and process invoices for automated payment of small high quantity supplies.
 Handle procurement documentation in order to maintain detailed records.

Education

Bachelor's degree, Finanace
  • at Dr.C.V.Raman University
  • January 2015

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Specialties & Skills

Communication Skills
Trend Analysis
Analytical Skills
Supplier Management
Negotiation
Professional and positive attitude
Team Work
Communication
Negotiation
Retail, Purchase & Negotiation.

Languages

English
Expert
Arabic
Intermediate
Hindi
Expert
Malayalam
Native Speaker