Paschal Mgbenani
Cloverdale,WA
Summary
Results-driven procurement professional with a strong ability to identify cost-savings opportunities, effectively manage vendors, and negotiate contracts. Demonstrated expertise in achieving successful cost optimization and supplier performance management. Proven track record of delivering tangible results through strategic procurement initiatives.
Overview
12
12
years of professional experience
1
1
Certification
Work History
PROCUREMENT MANAGER
ASTRA HEALTHCARE PYT AUSTRALIA
10.2023 - Current
- Undertakes business needs assessment, provide market analysis and commercial risk assessments to inform procurement planning and sourcing decisions
- Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
- Negotiated contracts with suppliers to obtain favourable terms and pricing.
- Reduced procurement costs by implementing strategic sourcing initiatives and negotiating favourable contracts with suppliers.
- Developed strong relationships with key suppliers, resulting in improved communication, better pricing, and reliable delivery schedules.
- Collaborated with finance departments on budgeting and forecasting activities, ensuring accurate representation of procurement expenses and cost-saving opportunities.
- Utilized market intelligence to identify opportunities for savings and cost reduction.
- Implemented risk management strategies within the supply chain process to mitigate potential disruptions from external factors such as fluctuating markets or natural disasters.
- Streamlined procurement processes for increased efficiency and cost savings through the implementation of digital tools and automation.
- Analyzed supplier contracts to confirm compliance with company policies and procedures.
- Oversaw contract administration activities, including drafting agreements, negotiating terms, managing renewals, and addressing disputes or discrepancies as needed.
- Conducted thorough supplier evaluations, selecting vendors based on quality, price, reliability, and commitment to sustainability initiatives.
- Managed a team of procurement professionals, fostering collaboration and teamwork to achieve organizational goals.
- Monitored and managed procurement budget to control costs.
- Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment.
- Drove continuous improvement initiatives within the procurement function by identifying areas for optimization and proposing actionable recommendations.
- Analyzed market conditions to make informed decisions on pricing and purchasing strategies.
- Resolved invoice and payment issues to facilitate prompt payment to suppliers.
- Developed and maintained relationships with key suppliers for smooth communication and to meet required expectations.
- Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making.
- Collaborated with internal stakeholders to understand departmental needs, developing tailored procurement solutions that met their requirements while minimizing costs.
- Led sourcing process for new vendors to get quality products and services and mitigate risk.
- Created and maintained portfolio of qualified vendors to expand options.
- Implemented category management strategies to optimize purchasing decisions across various product lines and business units.
- Managed global sourcing efforts for diverse product categories spanning multiple countries and regions.
- Improved inventory management by implementing demand forecasting techniques and optimizing reorder points for critical items.
- Developed and implemented procurement policies and procedures to enhance compliance with company standards.
- Analyzed market trends to identify new suppliers and emerging technologies that could enhance company operations or reduce costs.
- Spearheaded change management initiatives within the procurement department, leading to improved agility and responsiveness in meeting business needs.
- Conducted spend analysis to identify cost-saving opportunities.
- Negotiated complex corporate procurement contracts by working closely with internal and external contacts.
- Reviewed and issued contracts and blanket purchase orders after choosing ideal vendor and drive procurement process.
- Reduced procurement cycle times, enabling faster project completion by optimizing order processing procedures.
- Managed cross-functional teams to evaluate and select new suppliers, enhancing product innovation and competitiveness.
- Achieved cost reductions while maintaining quality, by consolidating purchases and leveraging bulk buying opportunities.
- Ensured compliance with internal and external procurement policies and regulations, minimizing legal risks and maintaining company reputation.
- Led negotiation of long-term contracts with strategic suppliers, securing stable supply chains and price advantages.
- Conducted regular supplier performance evaluations to identify areas for improvement and foster accountability.
- Conducted thorough market research to stay informed about industry trends and leverage information for strategic purchasing decisions.
- Improved supplier relationships and secured more advantageous payment terms by regularly reviewing and renegotiating contracts.
- Facilitated resolution of disputes with suppliers, maintaining strong partnerships and ensuring uninterrupted supply.
- Developed and maintained comprehensive database of reliable suppliers and products to ensure quality and availability.
- Coordinated with logistics to ensure timely delivery of materials, preventing production delays.
- Enhanced team performance by providing ongoing training and support on procurement best practices and software tools.
- Reduced excess inventory and minimized waste by introducing just-in-time purchasing system.
- Developed risk management strategies for procurement function, ensuring business continuity and resilience against supply chain disruptions.
- Analyzed spending patterns to identify opportunities for cost savings and efficiency improvements.
- Negotiated favourable terms with suppliers, leading to cost savings and improved profit margins.
- Implemented sustainable procurement strategy, contributing to company's environmental goals by selecting eco-friendly materials and suppliers.
- Spearheaded adoption of e-procurement tools, resulting in improved process transparency and accessibility.
- Collaborated with product development teams to source innovative materials that met technical specifications and cost targets.
- Streamlined procurement processes, resulting in enhanced efficiency by implementing centralized purchasing system.
- Develops, co-ordinates and leads sourcing activities to establish supply arrangements that meet business needs
- Develops and administers contract management plans, negotiate changes and modifications, supplier performance management and compliance requirements through effective supplier relationships to enhance profitable business outcomes
- Provides the customer and market information required to underpin effective supplier negotiations and support procurement specialists in negotiating agreements that deliver best value for money
- Plans and leads contract negotiations in the establishment and review of supply arrangements to deliver value for money procurement outcomes
- Partners with staff from across the organization providing high level advice and guidance to build expertise in procurement, provide governance and improve procurement practice and outcomes
- Identifies, manages and mitigates procurement risks to enable the organization to meet its obligations and maximize business opportunity
- Compares available goods with industry trends to determine appropriate pricing
- Stays up to date on industry trends and new products
- Tracks inventory and restock goods when needed
- Evaluates and negotiates contracts with vendors
- Purchase goods or services that meet the quantity and quality expectations of the organization
- Established and maintained accurate records of purchases, pricing and payment terms.
- Negotiated pricing and terms with vendors to secure best value for company.
- Reviewed and approved purchase orders and invoices for accuracy and completeness.
- Communicated regularly with suppliers to uphold accountability for quality standards and timely delivery of goods.
- Monitored inventory levels and avoided shortages with timely replenishment of stock.
- Collaborated with internal stakeholders to create timely and accurate purchase orders.
- Cultivated strong relationships with vendors to maintain and improve levels of customer service.
- Identified opportunities to reduce lead times and improve inventory management.
- Researched and evaluated potential suppliers to determine best fits for company needs and to identify cost savings opportunities.
- Generated reports on purchasing activities to support management decisions.
- Created purchasing policies and procedures that complied with company standards and regulatory requirements.
- Facilitated resolution of vendor disputes and discrepancies.
- Scrutinized purchasing data to identify areas for improvement and cost savings.
- Tracked contract performance metrics and reported issues or non-compliance with appropriate stakeholders.
- Hired and trained purchasing staff to improve effectiveness of purchasing operations.
- Assessed areas of service concern and developed improvement plans.
- Developed and tracked metrics to measure supplier performance and cost savings.
- Devised and implemented strategies to optimize purchasing processes and reduce costs.
- Analyzed market and delivery systems to assess present and future materials availability.
- Completed monthly profit and loss performance reports.
- Reduced costs by streamlining contract bidding and procurement processes to assure best prices for materials and services.
Procurement Manager
ECHO-SCAN SERVICES LTD
06.2021 - 08.2023
- Company Overview: Nigeria
- Strategically analyzed company's needs and developed, organized, deplored strategic solutions to ensure low costs while purchasing all inventory materials, assets, IT accessories, Machine parts and general raw materials
- Implemented inventory management software, SAP, resulting in 30% reduction in excess of dormant inventory and a 17% improvement in inventory turnover
- Evaluated supplier quotes based on purchasing procedures and competitiveness in quality, price and delivery.
- Utilized market intelligence to identify opportunities for savings and cost reduction.
- Oversaw contract administration activities, including drafting agreements, negotiating terms, managing renewals, and addressing disputes or discrepancies as needed.
- Conducted thorough supplier evaluations, selecting vendors based on quality, price, reliability, and commitment to sustainability initiatives.
- Managed a team of procurement professionals, fostering collaboration and teamwork to achieve organizational goals.
- Created and maintained portfolio of qualified vendors to expand options.
- Conducted spend analysis to identify cost-saving opportunities.
- Negotiated complex corporate procurement contracts by working closely with internal and external contacts.
- Developed risk management strategies for procurement function, ensuring business continuity and resilience against supply chain disruptions.
- Facilitated resolution of vendor disputes and discrepancies.
- Developed and tracked metrics to measure supplier performance and cost savings.
- Reduced costs by streamlining contract bidding and procurement processes to assure best prices for materials and services.
- Drove supply chain excellence at Echo-scan, optimized B2B logistics, enhancing company-wide operational efficiency
- Oversaw a team of purchasing professionals, providing training and guidance that improved their productivity by 23% and reduced error by 20%
- Led and developed a team of six supply chain professionals aligning with their key performance indicators
- Championed process innovation, boosting creativity across departments
- Quickly addressed and rectified operational bottlenecks, ensuring uninterrupted workflow
- Controlled and managed inventory of material, assets and non-inventory items of the company
- Systematically organized and implemented the budget and a completion rate of 95%
- Oversaw insurance processes, ensuring compliance and efficient claims handling
- Nigeria
Procurement Manager/ Contract Manager
AFRIGLOBAL MEDICARE LTD
10.2015 - 05.2021
- Company Overview: Not Provided
- Represented the company in negotiating contracts for procurement and acquisition of assets, B2B, inventory and non-inventory items
- Spearheaded daily performance reviews with our 20 largest clients representing 80% of revenue
- Liaised with management to optimize the storage process, capacity for regulatory documentation
- Drove continuous improvement initiatives within the procurement function by identifying areas for optimization and proposing actionable recommendations.
- Resolved invoice and payment issues to facilitate prompt payment to suppliers.
- Implemented category management strategies to optimize purchasing decisions across various product lines and business units.
- Improved inventory management by implementing demand forecasting techniques and optimizing reorder points for critical items.
- Reduced procurement cycle times, enabling faster project completion by optimizing order processing procedures.
- Communicated with prospective vendors to determine terms and availability
- Managed the budget for the purchasing department
- Created specifications for the delivery of approved new products
- Oversaw the purchasing of raw materials, machinery and other goods, with over 100 vendors, resulting in fewer shortages/stock outs and improved lead times
- Reconfigured predecessors purchasing strategy to reduce overall spending by 19.3% during 2019 fiscal year
- Prepared monthly reports for costs and market conditions analysis
- Maintained and managed all company assets and oversaw claims with insurance companies in circumstances of need
- Negotiated with vendors on freight cost, cutting shipping prices by 25%
- Maintained ongoing communication with over 180 suppliers to promote workflow and responded to inquiries
- Analyzed market trends and monitored changes in pricing to identify potential cost savings
- Developed and implemented procurement policies and procedures to ensure best value, quality checks and conformance with international best practices
- Not Provided
Supply chain Analyst/ Procurement Senior Officer
REDDINGTON LTD
01.2013 - 09.2015
- Company Overview: Not Provided
- Analyzed and optimized levels across 12 warehouses, saving 10% of total inventory carrying cost
- Developed a forecasting model to improve order accuracy by 22%
- Supported senior procurement managers with data analysis for strategic decision making
- Responsible for taking weekly inventory and stock of laboratory consumables, reagents and equipment
- Prepared technical specifications for request for proposals, including terms and conditions and evaluation criteria
- Not Provided
Education
Diploma in Supply Chain Management - Supply Chain And Contract Management
Alison
Nigeria11-2020
Diploma in Applied Operations
Alison
Nigeria11-2020
Diploma in Quality Management
Alison
Nigeria11-2020
Bachelor of Science - Medical Laboratory Science
University Of Nigeria
Nsukka, Nigeria02-2010
Skills
- Strategic Sourcing
- Global Procurement
- Budget Planning
- Financial Acumen
- Category management
- MS Office
- Time Management
- Contract Negotiation
- Logistics Coordination
- Team Leadership
- ERP Software, Sap, Sage, Oracle, Odoo, Microsoft dynamics
- Excellent Communication
Personal Information
Driving License: Class B
Languages
English
Full Professional
Certification
- Chartered Institute of Procurement & Supply Management of Nigeria
- C.I.P.S Level 4 Certificate-{in-view}
- MCIPS - Student
- Certificates in Data Analytics with Microsoft Excel, Power BI
- Certificate on Public Health Logistics and Supply Chain Management
- First Aid Certification
Timeline
PROCUREMENT MANAGER
ASTRA HEALTHCARE PYT AUSTRALIA
10.2023 - Current
Procurement Manager
ECHO-SCAN SERVICES LTD
06.2021 - 08.2023
Procurement Manager/ Contract Manager
AFRIGLOBAL MEDICARE LTD
10.2015 - 05.2021
Supply chain Analyst/ Procurement Senior Officer
REDDINGTON LTD
01.2013 - 09.2015
Diploma in Supply Chain Management - Supply Chain And Contract Management
Alison
Diploma in Applied Operations
Alison
Diploma in Quality Management
Alison
Bachelor of Science - Medical Laboratory Science
University Of Nigeria
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