Assistant Sourcing Manager
Emirates NBD Bank P.J.S.C
Total years of experience :12 years, 8 Months
Procurement Strategic Sourcing (Professional & General Services)
Responsibilities:
* End-to-End Stakeholder management between Procurement and other stakeholders including Legal,
Finance, Technology and Business stakeholders and ensuring adherence to procurement policy.
* Manage the Strategic sourcing projects by following the Procurement Sourcing Process (AT Kearney)
* Review tender bids and manage RFx (RFI, RFQ, RFP) and e-Auction process through e-portal.
* Prepare project presentations for management review and approval.
* Managing contracts, sourcing initiatives and related suppliers for this category.
* Vendor management of identified strategic vendors, implementing KPI's, performance scorecards, service
improvement plans and extracting commercial value through relationship management.
* Develop sourcing and negotiations strategies and drive negotiations to achieve stated goals.
* Manage the budget and deliver cost savings (cost avoidance and cost reduction) initiatives by way of RFx
exercise, consolidation and optimization of contracts and services
* Submission of cost savings to Finance for authorization and approval.
* Ensuring all contractual supporting documents are reviewed and incorporated in all contracts.
* Manage the contract finalization and negotiation by liaising with internal and external stakeholders and
monitoring contract compliance and implement vendor performance scorecards.
* Act as a point of contact for all sourcing and vendor management related concerns/disputes.
* Review, check and validate vendors' Work Orders and invoices to ensure that they are in order before
releasing the payments.
* Support the external vendors by reviewing and following up on their payments of all the contracts to
ensure that the payments are released/received within agreed time frame.
* Managing the procurement supplier relationships for the Bank.
* Successfully delivered cost savings through contractual negotiation and performance management
* Supported in designing the Category Spend analysis Framework to support Sourcing Category managers
in formulating Commercial negotiation strategies.
* Instrumental in introducing competitive suppliers resulting in significant cost savings.
Achievements:
* Successfully delivered target Cost savings by adopting different strategies for the sourcing projects
executed.
PROCUREMENT PROFESSIONAL
An ambitious, enthusiastic, cost-conscious and analytically astute Senior Procurement/buyer professional with 14 years
of experience with strong belief in systems, pragmatic approach, value addition & teamwork. Extensive exposure in
Procurement and Strategic Sourcing across various categories Professional & General Services, Technology, Marketing,
Fit-outs and Facilities Management, managing Capex and Opex spend requirements. Creating ‘value’ in all phases of
Sourcing Lifecycle including procurement planning, stakeholder and category management pre-bid preparations,
selection criteria, evaluation, contract negotiation, supplier performance and relationship management, governance
and post contract award activities, with proven track record of being loyal with high integrity.
* Rationalized category spend by structuring vendor panels, by the elimination of inactive suppliers and by
way of consolidation and optimization of contracts and services.
* Introduced approved rate contracts for various services resulting in cost savings and standard catalogue
items as a self-service for the internal stakeholders by eliminating the Procurement dependency.
* Formulated a new framework of centralizing the Full Time Contract Resourcing Process which resulted
in cost savings and operational efficiency within the organization.
Procurement Strategic Sourcing (Technology)
Responsibilities:
* Liaise with internal stakeholders to ensure the business requirements are well defined and optimized in order
to provide accurate information to the vendors and meet end user satisfaction.
* Based on the identified sourcing strategy prepare and evaluate RFI, RFQ and RFP.
* Conducting market analysis and benchmarking, identifying market trends and monitoring related
developments and source potential new vendors for the respective categories.
* Ensure compliance with Procurement sourcing policies/procedures and aligning to AT Kearney process.
* Identify opportunities of cost reduction and cost avoidance and report the savings to Finance.
* Support the negotiations, drafting and recommending agreements with internal/external customers.
Achievements:
* Savings achieved from the IT hardware/software tenders managed and AMC's negotiated.
Procurement Strategic Sourcing
Responsibilities:
* Gathered the contracts from the department and managed the Contracts approval process.
Achievements:
* Established a Contracts Database and repository for management reporting.
Stakeholder management and managing the RFx and e-Auction process of tactical sourcing projects by
ensuring adherence to Procurement Sourcing Process/policy.
* Coordination with a cross-functional team to ensure adherence to procurement policy.
* Reviewing tender bids, managing the budget and delivering cost savings.
* Managing the procurement supplier relationship for the Bank.
* Contract negotiation and finalization with external stakeholders.
Achievements:
* Executed a number of projects, e-sourcing events, reverse auctions for sub-categories; Professional &
General Services, Technology, Fit-outs & Facilities Management & Marketing with savings achieved.
Fit-outs & Facilities Management
Responsibilities:
* Provide full support to facilitate the projects from initiation until closure and handover them to the Facilities
Management team.
* Monitor the Project progress and financials and report to the management
* Liaising frequently with Internal and External stakeholders for project requirements
* Manage the formal communications - letters, contracts etc with external stakeholders
* Validation and processing of quotations and Invoices submitted by external stakeholders
* Manage the daily office administration and submit project reports to management
Achievements:
* Designed and implemented a Document filing system for the department.
Performed Nostro accounts reconciliation and reported to management.
* Maintaining accounts receivable records.
Support in digitizing the physical staff record files to online system and report to management
Accounts reconciliation and maintaining of accounts receivable records.
* Timely follow up of client accounts receivables and report the status to Management.
International Business
Advertisement and Portfolio Management