Procurement Manager
M/s. MEDGULF CONSTRUCTION COMPANY WLL
Total years of experience :23 years, 10 Months
• Managed the procurement process for multi billion dollars infrastructure / construction projects, ensuring timely delivery of materials and equipment, resulting in substantial reduction in project timeline and achieved cost saving of 18 % of the procurement budget. This was achieved mainly due to implementation of effective contract negotiation strategies and renegotiation of existing/ongoing contracts, robust inventory management and call-off order strategies.
• Developed and implemented a strategic sourcing plan that resulted in a 15% reduction in procurement costs and a 20% increase in supplier performance.
• Negotiated long-term contracts with key suppliers, securing a substantial cost savings and ensuring a stable supply chain for critical materials. Renegotiated the existing / ongoing contracts and secured additional savings up to 7-12 %.
• Implemented a supplier scorecard system to monitor and evaluate supplier performance, resulting in a 25% improvement in on-time delivery and a substantial reduction in quality issues.
• Managed a procurement team of 9 members, setting performance objectives and implementing training programs that resulted in a significant increase in team productivity.
• Developed and implemented a comprehensive supplier management system to ensure compliance with policies and regulations.
• Coached, trained and mentored 9 direct reports, overseeing monthly KPI reviews and professional development for Procurement Engineers, Contract Specialist and Procurement Specialists.
• Developed and implemented Risk mitigation strategies.
• Managed the entire Procurement, Vendor Management & Store Management functions.
• Directed the development and implementation of key procurement strategies and ensuring that plans are aligned with project requirements and is in line with project schedule.
• Reviewed and resolved issues related to procurement team and suppliers in order to have smooth material flow and harmonious relationship.
• Managed business relations with more than 200 suppliers/subcontractors in both domestic and foreign markets, managed more than 600 Million QAR in total spending, 350 Million QAR in controlled spending and up to 250 Million QAR in directed spending.
• Emphasized the use of Materials Best Business Practice (MBBP) to liaise with suppliers and nurture long-term business.
• Analyzed spending, payment plans and other metrics, developing data-driven actions to mitigate risk and ensure proper resource allocation.
• Led targeted cost- saving meetings, analyzing day-to day business practices for diverse units /projects.
• Optimized the procurement process by implementing e procurement tools, resulting in a 30% reduction in processing time and improved accuracy in purchase order management.
• Ensured that all procurement requirements on site are clearly specified and well defined and carried out in accordance with the Contract and Procurement procedures
• Managed Contracts, work change request and addendums.
• Collaborated with cross-functional teams to determine innovative plans to mitigate risk, improved deliveries and cost savings.
• Implemented improved inventory management system, resulting in a 80% reduction in non-moving inventory and substantial decrease in carrying cost.
• Negotiated long-term contracts with key suppliers, securing a substantial cost savings and ensuring a stable supply and timely delivery of materials.
• Implemented a centralized procurement system, streamlining the procurement process and reducing cycle times by 20%.
• Coached, trained and mentored 7 direct reports, overseeing monthly KPI reviews and professional development for all Procurement and Contract Department Staff.
• Led and facilitated meetings with Project Management Team and other stakeholders to determine opportunities to improve companys procurement system.
• Handled International Monitored operations including price structure of raw materials and supply & demand within the group companies (Cosmoplast & Interplast)
• Coordinated with the suppliers to ascertain new technological development and updated the Plant Technical Personnel with the new grades specifications of materials
• Established Inter-departmental coordination & carried out follow-ups with warehouses, production, accounts & shipping departments for pre & post procurement activities
• Fabricated Purchase Orders, Procurement Budget, MIS and other reports.
• Efficiently carried out operations involving procurement of assets & supplies, facility management, furniture & fixtures, etc.