Muhammad Shahzad Akram, Procurement Manager

Muhammad Shahzad Akram

Procurement Manager

Simple Food Company

Location
Saudi Arabia
Education
Master's degree, Business Administration & Finance
Experience
14 years, 2 Months

Share My Profile

Block User


Work Experience

Total years of experience :14 years, 2 Months

Procurement Manager at Simple Food Company
  • Saudi Arabia - Riyadh
  • My current job since May 2016

● Manage the entire lifecycle for the procurement of food, non-food, packaging and equipment for Simple Food Company, provide support with the expansion and penetration within the sector
● Direct the development and implementation of key purchase / procurement strategies, contingency plans and ensuring that plans are aligned with the company’s requirements
● Formulate budgets for procurement of critical materials and ensuring uninterrupted supply of materials to negate production slowdown
● Assess the strength of supply chain network, devise practical and cost-effective solutions to streamline process and achieve desired results
● Ensure that all purchases and processes are aligned with the Company’s compliance policies and procedures
● Implement Procurement best practices
● Focus on cost savings initiatives on procurement spending
● Manage the inventory levels to ensure optimum use of inventory. Monitored loss in transit, undertook measures to control the same
● Follow up with vendors for timely deliveries and ensuring timely payments. Monitored incoming materials supplied by vendors and ensured they were as per quality and quantity specifications
● From 2016-2019 Prepared and successfully implemented budget for 10/different branches of casual and fine dining restaurants
● Controlling an annual procurement volume of more than 22/million SAR for 13 restaurants of Simple Food Company
● Explore potential suppliers and negotiate major contracts with suppliers driving an annual cost saving of more than SAR-200K
● Source international vendors in for balanced supplies with consistent availability of non-food products reducing cost around SAR-100K annually
● Analysed physical inventory, streamlining supply, availability of products and contracts to reduce inventory level by 10%
● Develop instructional process of how to use the purchasing and receiving cycle. Evaluating daily transactions to make sure implementation and effective use of procurement tools
● Collaborate with Chefs for product development, alternatives, trends and recipes
● Prepare monthly reports and analysis to draw the pattern for key decision for future buying and reporting to the Chief Operating Officer
● Successfully achieved the implementation of Sage x-3 for smooth operations of the company

Purchasing Manager at AHK Group (Laduree Paris, Fauchon Paris, Spazio 77)
  • Saudi Arabia - Riyadh
  • September 2014 to April 2016

● Purchasing Manager for three internationally renowned French & Italian restaurants (Laduree, Fauchon Paris and Spazio), managed an annual procurement budget of SAR-23.76 million
● Managed and developed a team of six across five different locations
● Placed and tracked an average of 187 weekly purchase requisitions to orders
● Researched and identified potential cost savings whilst retaining the products quality managed to standardise the products among three brands
● Negotiated contracts and monitored their progress, checked the quality of services provided
● Sign new agreements for food & non-food products and saved more than SAR-0.5 million annually
● Sourced and recruited new international vendors to support Laduree & Fauchon with the aim of ensuring maximum menu availability with same taste and quality
● Collaborated with SFDA department to register new products and make sure seasonal menu and retail products availability at worldwide launching time
● Utilised influencing skills to negotiate agreements with internationally operating logistics/freight forwarder companies and saved more than SAR-100K during the work period
● Calculated and implemented inventory and safety stock levels for the retail and non-retail products helping sales and marketing department the maximum level of products availability
● Sourced new contractors and enabled implementation of franchiser approved drawings and shop fitting to match internationally
● Prepared, presented and successfully implemented departmental budget of 2015

Procurement Officer at First Economic Company
  • Saudi Arabia - Riyadh
  • July 2011 to April 2014

● Served as Procurement Officer for seven different locally operating brands experienced an annual procurement budget of SAR-42 million
● Continuous liaison with more than 50 professionals and monitored an average of 924 purchase orders monthly
● Negotiated contracts with hundreds of suppliers and individually saved SAR-1.8million during 2011-2013
● Part of the 2-employee’s team who led ERP implementation and draw complete request to receive procurement cycle within ERP and assisted production department in creating BOM’s (recipes) in ERP
● Identified and negotiated for the best purchase package in terms of quality, price and terms with suppliers
● Maintained complete updated purchasing records in ERP and physical files
● Regular auditing of daily purchase (cash & credit) transactions as per requirements
● Scheduled store/warehouse visits for departmental staff to be updated about the stocks and future requirements
● Coordination with suppliers to ensure on time delivery to plan and manage inventory levels of materials or products
● Developed price hike and cost savings, delivered reports on their effect on organisational resources to let management make timely decisions keeping in view the Procurement Policies
● Preparation of monthly presentation, CEO Reports (Purchasing, Inventory Flow, Cost Saving, Supply Chain department Income Statement, Etc) and Business Plans for procurement and logistic department

Accountant - Payable at Executive Hotel
  • Saudi Arabia - Riyadh
  • March 2011 to July 2011
Admin Manager at Tashqand Restaurant & Marriage Hall
  • Pakistan - Faisalabad
  • November 2010 to February 2011
Lecturer at Central Model College
  • Pakistan - Faisalabad
  • August 2009 to July 2010

Teach Accounting, Statistics, Business Communications & Economic to Intermediate class students for one year. Also taught Physics to Secondary school students.

Education

Master's degree, Business Administration & Finance
  • at Univerity of Agriculture Faisalabad
  • June 2009

I was honored best in Financial Analysis Statements while obtaining highest grade in the special subject, I was expert in account related subject using statistical techniques. During the MBA I have been awarded leader of batch for below subjects. 1. Financial Accounting. 2. Cost Accounting. 3. Investment & Portfolio Management. 4. Financial Statement Analysis. In addition following projects were completed during masters degree. 1. Financial statement analysis of Sitara Energy Limited 2. HR Structure of Bank ALfalah Limited 3. Developed Management Strategies For Yellow Roadways Carrier USA.

Bachelor's degree, Commerce & Finance
  • at Government College University Faisalabad
  • July 2007

I have been an excellent student during this tenure, 1. Ranked 5th in final University results. 2. Highest marks in Accounting subjects. 3. Good on Business Communications & Taxation.

Specialties & Skills

Purchase Management
Strategic Sourcing
Negotiation
Presentation Skills
Contract Management
Material Resource Management
Negotiation & contracting
Judgment & Decision Making
Patience & Time Management
Leadership & Initiative
Market Knowledge of Product, Services,Suppliers & economy
Project Management

Languages

English
Expert
Urdu
Expert
Arabic
Intermediate

Memberships

Internantions
  • Member
  • January 2011
Young Welfare Society
  • Fund Raising Specialist
  • May 2007

Training and Certifications

Implemented Microsoft Dynamics (Axapta) (Training)
Training Institute:
Creative Solutions
Date Attended:
November 2011
Duration:
240 hours
Oracle R12 Functional Consultant (Certificate)
Date Attended:
November 2010
Valid Until:
February 2011

Hobbies

  • Reading Books
  • Internet Surfing
    To get the knowldge of new product in the market, alternatives, new Suppliers etc
  • Playing Cricket & Snooker