Muhammad Amjad Hayat Khan

A Confidential PIF Portfolio Company | Riyadh, Saudi Arabia
Aug 2024 - Present
• Spearhead comprehensive procurement operations, ensuring strict adherence to PIF procurement policies and governance frameworks.
• Formulate and implement strategic sourcing initiatives that result in significant cost reductions and improved operational efficiencies.
• Oversee high-stakes vendor negotiations and contract management, fostering long-term supplier relationships to enhance business continuity.
• Collaborate with cross-functional teams to align procurement strategies with organizational goals, driving value and innovation.
• Leverage market analysis and supplier performance metrics to optimize procurement processes and enhance supplier engagement.

• Spearheaded the monitoring and tracking of purchase orders, ensuring on-time delivery while strictly adhering to procurement policies.
• Created and implemented standardized procurement templates and documentation, significantly streamlining operational processes.
• Collaborated with Finance and cross-functional teams to resolve procurement inquiries, facilitating timely payment closeouts and enhancing stakeholder satisfaction.
• Assessed supplier performance metrics, delivering actionable insights that supported strategic vendor development and informed decision-making.
• Executed compliance audits, uncovering opportunities for process improvements and risk mitigation, contributing to overall procurement efficiency.

• Led the monitoring of procurement budgets and expenditures, delivering actionable financial insights that enhanced strategic planning and cost optimization efforts.
• Produced comprehensive budget utilization reports that facilitated informed decision-making at the managerial level.
• Collaborated effectively with cross-functional teams to accurately capture procurement requirements and streamline the processing of purchase requests (PRs).
• Oversaw inventory management, optimizing reorder points and ensuring timely stock replenishment to maintain operational efficiency.
• Ensured strict compliance with procurement policies and audit standards, mitigating risks and enhancing accountability.
• Spearheaded the development of procurement strategies that aligned with organizational goals, driving value and efficiency across projects.

• Spearheaded the generation, processing, and tracking of purchase orders (POs) across diverse projects, ensuring precision and regulatory compliance.
• Collaborated effectively with vendors to clarify specifications, optimize delivery schedules, and resolve issues promptly.
• Fostered robust supplier relationships through continuous communication, enhancing service reliability and performance.
• Assisted in strategic PMO procurement planning, aligning procurement activities with critical project milestones and timelines.
• Analyzed vendor performance metrics and played a key role in developing supplier management strategies to drive efficiency.
• Diligently maintained procurement records, ensuring transparency and accountability in all procurement activities.

• Generated and meticulously tracked purchase orders, ensuring adherence to procurement policies and enhancing operational efficiency.
• Collaborated with Finance to reconcile invoices, swiftly resolving billing discrepancies to maintain budget integrity.
• Fostered strong vendor relationships to guarantee timely deliveries and effectively address any issues that arose.
• Skillfully negotiated pricing, terms, and contract conditions, achieving significant cost savings and favorable commercial outcomes.
• Compiled detailed procurement activity reports, analyzing order status, budget utilization, and vendor performance to inform strategic decisions.
• Actively participated in cross-functional teams to streamline procurement processes and drive continuous improvement initiatives.

• Facilitated supplier selection processes, ensuring strategic alignment with procurement and contractual obligations.
• Collaborated with project managers to streamline billing, enhance reporting accuracy, and optimize financial tracking.
• Managed the processing of LC documents, commercial invoices, and delivery notes, ensuring adherence to regulatory compliance.
• Developed and maintained comprehensive project progress reports, liabilities summaries, and payment certificates to support decision-making.
• Led internal audits and reinforced compliance with corporate and banking standards, driving operational excellence in procurement practices.

• Spearheaded the preparation of comprehensive budgets, cost estimates, and financial forecasts to optimize project funding.
• Created detailed BOQs and cash flow statements, enhancing financial transparency and project tracking.
• Ensured accuracy in billing and invoicing by rigorously verifying against contractual terms, mitigating financial discrepancies.
• Produced insightful progress reports and financial summaries, facilitating informed decision-making for stakeholders.
• Executed thorough cost analysis, identifying areas for improvement and recommending strategic corrective actions to enhance project efficiency.
• Leveraged strong analytical skills to support procurement strategies, aligning with commercial objectives and maximizing cost-effectiveness.