Syeda Darakhshan, Procurement Professional

Syeda Darakhshan

Procurement Professional

Mashreq Bank

Location
United Arab Emirates - Dubai
Education
Master's degree, Administration And Management
Experience
13 years, 7 Months

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Work Experience

Total years of experience :13 years, 7 Months

Procurement Professional at Mashreq Bank
  • United Arab Emirates - Dubai
  • My current job since November 2010

Strategic Sourcing for all IT & Non IT items (HW &SW), Services, IT Resources and various services for the bank local and overseas offices and various group companies.
Identifying the potential vendors, development of procurement strategy, pre-qualification, evaluation, and monitoring of supply chain..
Raising RFQ/RFP/RFT incorporating all necessary technical & commercial clauses provided in the PR.
Prepare requests for quotations, negotiate, select and identify most appropriate supplier (price, quality, conditions…) in collaboration with requesting department.
Negotiating price and terms of products/services with suppliers
Ensures best commercial value is negotiated and obtained
Preparing Vendor Technical & Commercial Evaluation for Management Approval.
Involved in the Tender Committee Level RFPs, Evaluation, Approvals and Awarding of Projects.
Releasing PO, Awarding of Projects and Contracts (AMC, SLA, BPA, Call-Off, Lease & Frame Agreements).
Closely working with Legal for drafting and finalizing of Contracts.
Vendor Performance Measurement IT Strategic Sourcing.
Preparing the spend analysis reports and highlighting the cost saving areas for SSU.
Providing TCO for the SSU for Management approval and Budgeting.
Responsibilities have managed and evolved from IT, face to face to negotiation, tendering & reverse auctions (e-Auction).
Providing on-site support and decision making in relation to receiving goods.
Work closely on projects and risk assess procurement requirements of projects ensuring delivery within TAT
Part of strategy team to review and development of SOP’s and Procurement policy
Manage the time for the Procurement and the CT personnel resources including schedules & logistics.
Produce and manage Procurement schedules including related resources planning.
Conducting trainings twice in a month for different topics & iProcurement trainings for iProc requestors & users within the Bank

Key Achievements
• Achieved savings of 30% on the IT Resource Consolidation (Demand Management)
• Achieved Savings of 30% to 40% in IT Strategic Sourcing.
• Achieved Gold Star Awards, AT ratings & many spot rewards for my best performance
• Achieved overall saves of AED 18 Mio during 2020 (OPEX & CAPEX)
Continuously worked towards various process improvements & periodically suggested new ideas which have resulted in better TAT of the overall process and Saves

Education

Master's degree, Administration And Management
  • at The University Of Lahore
  • February 2008

10 years of Procurement experience

Specialties & Skills

Contracts
Stakeholder Management
Project Plans
Demand Management
Negotiation
MS office
Oracle (ERP < SAP)
management

Languages

English
Expert
Hindi
Expert
Punjabi
Intermediate

Memberships

csr
  • CSR activities
  • January 2009

Training and Certifications

Agile, Project Management (Training)
Training Institute:
Mashreq learning

Hobbies

  • Reading books, Play badminton