Procurement Manager
Gulf International Bank
Total years of experience :18 years, 9 Months
Managing Procurements for the Group (UAE, Bahrain, KSA, UK, USA) with regards to IT-Hardware & Software, GTB, Wholesale, Treasury, HR automation, Treasury Platforms, Loan systems, Network & Internet security, End point security, SIEM, VAPT, DLP, Firewalls, PCI DSS Compliance certification, servers, switches, licenses, etc. - leading to cost optimization and streamlining of processes in all areas.
Managing AMC’s, drafting and re-negotiation of SOW’s, MSA’s, EULA and multiple contracts in coordination with legal dept. to ensure favorable terms thereby contributing to huge reduction procurement costs.
Managing Global RFP’s, E-Sourcing, E-Tenders, reverse auctions, drafting scoring and evaluation criteria in coordination with unit heads
Managing the screening, interview’s, shortlisting and finalization of project contractors in coordination with HR
Meeting with user departments to enhance scope/specifications, arranging new product presentations and POC’s
Market research and consultant calls with Gartner to find alternate solutions
Assisting in Audits and assessments related to CBB, NESA, SAMA & all matters related to Cybersecurity & regulatory compliance
Budget analysis and tracking including budgeting
Achievements: Streamlined Processes, identified gaps and optimized costs achieving savings over US$ 6 Million
Highlights:
• Deputed as member of centralized Purchase Team Headquartered at Ras Al Khaimah to strategize the vision, execute and operationalize all kinds of procurements.
• Led the purchasing activities with due regard to price, specification, quality and delivery to meet business strategy needs.
Key Responsibilities:
• Overseeing all elements of the procurement process, negotiating rates with suppliers, contractors and consultants to ensure best value for the company on all procurement activities.
• Handling whole gamut of activities like managing contracts procurement of IT consumables, software development, PC, laptops, servers, CISCO PABX system, Fax, Copiers, CCTV, Sound systems Procurement including Printing & Stationery. Evaluating suppliers based on key deliverables and kept abreast of market trends.
• Liaising with vendors on proposal clarifications, preparing bid tabulations and placing official PO's in line with material requisitions.
• Developing and centralizing processes to ensure that all commercial, technical standards are followed and expediting all contractual formalities, initiating reporting procedures for materials management, consignment agreements, suppliers, and inventory adjustment.
• Forecasting price trends and their impact on future activities, comparing offers and quotations for different type of items and formulating in depth reports to simplify processes at the selection stage using computer software.
• Formulating the strategy for contract and supplier management, directing its implementation, tracking supplier performance to reduce purchasing and inventory costs year-over-year and providing management reports.
The company is JV between Kludi Germany and Rak Ceramics, UAE which is into manufacturing of brass sanitary ware taps, faucets and accessories.
Highlights:
• Oversaw whole spectrum of procurement function, encompassing global sourcing strategies, vendor identification, strategic procurement, import of production raw materials from Germany, Italy, Spain, China & worldwide locations.
• Drastically reduced costs by 40-60% by sourcing raw materials & accessories from alternate suppliers in China & Taiwan, resulting in savings AED 15 million in year 2010.
• Efficiently managed the project on demand analysis of KludiRak faucets in the UAE market and collected information on product quality and after sales service.Played a pivotal role in obtaining ISO certification for the company.
Key Responsibilities:
• Planned procurement contracts, non disclosure agreements, logo usage agreements, confidentiality, secrecy agreement, freight forwarders and duty free import of raw material shipments.
• Transformed processes for executing Procurement Plan by placing the POs in ORION and provided purchasing support for direct materials, services, packages and subcontractors.
• Knowledge of entire purchase of electrical/power plant and water plant like MCB, MCCB, transformers, copper cables, db’s, cable trays, lights, fittings, membranes and water filters
• Evaluated suppliers based on key deliverables (production, pricing, distribution, product transportation and service capabilities) to turnaround time and cost.
• Administered local procurement of stainless steel, international for brass, nickel, zinc, chemicals, tools, CNC machines and spare parts from various parts of world.
• Choose an optimum mix of vendors from low cost sources in Shanghai and Ningbo for cheaper alternatives, signed contracts, handled opening L/C and negotiation of clauses.
• Managed responsibility for negotiation of machinery & equipment purchases during plant erection stage.
Diploma in procurement from CIPS, UK
Trainings Attended: - ISO 9001:2008 - RAK Ceramics/ Kludi Rak LLC Course Content: • Awareness on requirements, principles of operation and implementation of ISO 9001:2008 • Quality management System
Course Content: • EXIM Laws and Procedures • Customs Laws and Procedures • Insurance Laws • L/C • Documentation
Bachelors degree in law
Academic Accolades: • Received distinction in Accountancy
Course Content: • DOS • Windows • Novell Netware • COBOL • MS Word • MS Excel • Tally 6.3 • Internet Usage