Muhammad Syed
Procurement professional with 7+ years' experience in strategic sourcing, cost optimization, and high-value supplier management
About
Procurement professional with 7+ years' experience in strategic sourcing, cost optimization, and high-value supplier management. Skilled in improving supply chain efficiency with strong SAP B1, P2P, market research, and forecasting expertise.
Experience
Procurement Officer - Exide Pakistan - Karachi
(2022-11)
Managed key procurement categories with annual values over USD 10M.
- Key Purchases: Hardware (USD 337K), Mechanical (USD 3M), Packaging (PKR 80M) per month.
- Negotiated a 10% cost saving across various categories and reduced material costs on imported items by USD 1.3M annually.
- Delivered USD 107K savings on a USD 10.75M project procurement.
- Built and managed supplier relationships (20+ suppliers), ensuring 99% on-time delivery and improved supply chain efficiency.
- Consolidated components into modular kits, improving logistics and reducing supplier count.
- Achieved PKR 1M annual savings through improved order accuracy with Chemfix Construction Chemicals.
- Renegotiated supplier contracts for PKR 2.6M in annual savings.
- Implemented a Just-in-Time system reducing inventory costs by 20–35%.
- Synchronized delivery schedules, improving supplier on-time delivery from 85% to 99%.
Procurement Officer - Chemi Tech - Karachi
(2019-01 - 2022-09)
Managed procurement across diverse categories, including construction, hardware, and EPC equipment.
- Key Purchases: Construction (USD 781K), Forklift Parts (USD 266K), Compressor Parts (USD 443K), Packaging (PKR 70M)
- Delivered 15% cost savings through strategic negotiations and supplier scouting.
- Managed USD 3.1M in annual savings from import cost reduction.
- Successfully procured EPC project equipment worth USD 1.72M, saving USD 258K.
- Implemented a synchronized vendor system for the Agha Steel Project, achieving 95% order accuracy.
- Improved supply chain reliability with synchronized deliveries, reducing production losses.
- Developed KANBAN and vendor-managed inventory systems to improve operational efficiency.
Assistant Accountant - Chemi Tech - Karachi
(2017-02 - 2018-12)
- Managed accounts receivable, daily accounting documentation, and financial reporting.
Sales Promoter - Fireball Direct - Karachi
(2009-07 - 2016-12)
- Promoted products and met monthly sales targets through customer engagement and support.
Cashier - Habtoor Grand Resort & Spa - Dubai
(2008-11 - 2009-03)
- Managed MACROS operations, billing, and cash reporting.
Education
B.Com - University of Karachi (2007)
DHN - Electromens (2003)
