Ahmed Wahid Abdel Hamid
Procurement Director
Giza
Summary
Results-driven procurement professional with expertise in identifying cost-savings opportunities, managing vendors and negotiating contracts. Proven track record of successful cost optimization and supplier performance management.
Overview
16
16
years of professional experience
2
2
Certifications
Work History
Procurement Director
Marakez
01.2020 - Current
- Lead and manage the procurement function, overseeing all procurement activities for Marakez’s major assets, including 4 malls (MOA, D5, TC, and MOT) and 3 residential compounds (Aeon, Aeon Towers, and D5R).
- Develop and implement procurement strategies to ensure cost-effective and timely acquisition of goods and services, aligned with the company’s goals and standards.
- Negotiate and manage contracts with suppliers, ensuring compliance with legal and regulatory requirements, and maintaining strong vendor relationships to secure the best terms and conditions.
- Analyze and evaluate procurement data to identify cost-saving opportunities and drive continuous improvement in procurement processes.
- Collaborate with cross-functional teams, including finance, legal, and operations, to align procurement activities with organizational objectives.
- Monitor market trends and conduct market research to stay informed of industry developments, and adjust procurement strategies accordingly.
- Implement and manage procurement systems and technologies to streamline processes, enhance efficiency, and ensure accurate data reporting.
- Ensure adherence to corporate policies, ethical standards, and sustainability practices in all procurement activities.
Sr.Procurement Manager
Marakez
01.2021 - 12.2021
- Managed a team of procurement professionals, providing coaching and development opportunities to foster career growth and enhance productivity.
- Developed comprehensive category management plans, aligning product sourcing with organizational requirements and budget constraints.
- Improved supplier lead times through ongoing communication and performance tracking, ensuring timely delivery of critical materials for production operations.
- Implemented innovative inventory management techniques to reduce stock discrepancies and improve order accuracy.
- Mentored junior team members enhancing their understanding of complex negotiation tactics contributing to their professional growth and increased department success.
- Optimized inventory levels through demand forecasting and close collaboration with production teams, reducing stockouts and minimizing excess inventory costs.
Procurement Manager
Marakez
01.2020 - 12.2020
- Collaborated with finance departments on budgeting and forecasting activities, ensuring accurate representation of procurement expenses and cost-saving opportunities.
- Managed supply chain process, from order placement to delivery, to facilitate on-time and accurate fulfillment.
- Prepared and presented reports to management on purchasing trends and cost savings to aid in decision making.
- Negotiated contracts with suppliers to obtain favorable terms and pricing.
- Reduced procurement costs by implementing strategic sourcing initiatives and negotiating favorable contracts with suppliers.
- Developed and implemented procurement policies and procedures to enhance compliance with company standards.
Procurement Manager
LEEDS FM
01.2019 - 12.2019
- Directed the procurement function, managing all procurement activities for LEEDS Total FM, a leading facilities management company.
- Developed and executed procurement strategies to optimize costs, improve quality, and ensure timely delivery of goods and services.
- Negotiated and managed contracts with suppliers, ensuring favorable terms and conditions while maintaining compliance with legal and regulatory requirements.
- Conducted comprehensive cost analysis and market research to identify opportunities for cost savings and process improvements.
- Collaborated with internal stakeholders, including operations, finance, and legal teams, to align procurement activities with business objectives.
- Implemented and maintained procurement systems and technologies to enhance efficiency, accuracy, and transparency in procurement processes.
- Monitored supplier performance, ensuring adherence to contract terms and high standards of service delivery.
- Promoted sustainable and ethical procurement practices, aligning with corporate social responsibility goals.
Procurement Section Head
RAYA Smart Buildings
08.2014 - 12.2018
- Develop the procurement procedures to ensure that relevant staff know when they are required to engage with the procurement team.
- Set up and maintain a control framework to ensure that all procurement activities are effectively managed and are in accordance with the Contract Standing Orders, Procurement Toolkit and Financial Regulations.
- Set up a process of review for all Contracts, Supplies and Suppliers ensuring that maximum value for money benefits are achieved through supplier rationalization, developing an approved supplier list.
- Encourage effective contract management across the business with regular reviews, development of service level agreements and key performance measures.
- Build and develop good relationships with key suppliers to ensure best value for money and customer satisfaction with services provided.
- -Planning and development of the annual procurement savings targets and ensure alignment of the CEO and management team, and monitor delivery against target KPIs.
- Maintains payment records of all procurement transactions in order to monitor and control the progress of payments made by finance department.
Senior Procurement Specialist
Osman Ahmed Osman ( Private Sector)
11.2011 - 06.2014
- Located potential suppliers worldwide; lead the negotiations to achieve lucrative pricing and contract terms, created POs, submitted orders and followed up on production to ensure delivery within designated deadlines.
- Collaborated with the PM & engineering department to grant technical approval based on information derived from technical data sheets; updated component standard costing as appropriate after research and evaluation.
- Forward requests to finance departments for transfer of outstanding payments; provided shipping documents, authorization memos, PO and PR for conformance to implemented controls to maintain financial stability of operations.
- Prepare weekly reports including requested foreign purchases with PR/PO details, shipping information, delivery schedules, payments status etc. to update management regarding orders status for assured consistency in procurement processes.
Purchasing and Order Management Specialist
Cisco (Back Office)
04.2008 - 10.2011
- Negotiate for the best purchase package in terms of quality, price, deliveries, warranty, and services with suppliers and maximize profit margin, and minimize fees.
- Key Account manager for major Cisco partners (HP, IBM, AT&T) in Europe and MEA regions.
- Resolving Cisco partners billing complaints by performing activities such as exchanging merchandise, refunding money, and adjusting bills and following up to ensure that appropriate changes were made to resolve customer’s problems.
- Responsible for Cisco Service Renewal warranty contracts.
Education
Bachelor of Arts - Accounting
Cairo University
04.2001 -
Skills
Supplier Relationship Management
Procurement Process Improvement
Negotiation expertise
Supply Chain Optimization
E-procurement Systems
Budget Planning
Cost Analysis
Languages
Arabic, English
Native language
Certification
Certified International Procurement Manager - CPIM
Timeline
Sr.Procurement Manager
Marakez
01.2021 - 12.2021
Procurement Director
Marakez
01.2020 - Current
Procurement Manager
Marakez
01.2020 - 12.2020
Project Management Professional
04-2019
Procurement Manager
LEEDS FM
01.2019 - 12.2019
Certified International Procurement Manager - CPIM
01-2018
Procurement Section Head
RAYA Smart Buildings
08.2014 - 12.2018
Senior Procurement Specialist
Osman Ahmed Osman ( Private Sector)
11.2011 - 06.2014
Purchasing and Order Management Specialist
Cisco (Back Office)
04.2008 - 10.2011
Bachelor of Arts - Accounting
Cairo University
04.2001 -
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