Fahad Khalid
$3/hr
Supply Chain Specialist | Import Operations | Procurement & Sourcing
- Reply rate:
- -
- Availability:
- Hourly ($/hour)
- Age:
- 30 years old
- Location:
- Karachi, Sindh, Pakistan
- Experience:
- 3 years
Background:
As a procurement trainee at Avery Dennison, I undertook the initiative to optimize procurement processes using Oracle Business E Suite. This involved managing purchase orders, coordinating with suppliers, and ensuring efficient procurement cycles.
Challenges:
The main challenges included:
1. Manual Processes: Handling multiple purchase orders and invoices manually, leading to delays and errors.
2. Timeliness: Ensuring timely communication with suppliers and processing of procurement requests.
3. Cost Efficiency: Striving to reduce procurement costs while maintaining quality and delivery timelines.
Actions Taken:
1. Process Automation: Implemented automation features within Oracle Business E Suite to streamline the creation and tracking of purchase orders. This reduced manual errors and improved process efficiency.
2. Supplier Collaboration: Developed streamlined communication channels with suppliers to ensure timely order processing and delivery.
3. Performance Metrics: Introduced performance metrics to monitor procurement cycle times and identify areas for improvement.
Results:
1. Efficiency Gains: Reduced manual data entry by 30%, allowing procurement team members to focus on strategic activities.
2. Cost Savings: Streamlined processes resulted in a 15% reduction in procurement costs, contributing to overall budget efficiency.
3. Improved Supplier Relations: Enhanced communication and collaboration with suppliers led to improved delivery times and service levels.
Lessons Learned:
This project underscored the importance of leveraging technology to streamline procurement processes and enhance operational efficiency. Effective communication and collaboration with suppliers were critical in achieving successful procurement outcomes.
Conclusion:
Through this project, I gained valuable experience in optimizing procurement operations using Oracle Business E Suite. My proactive approach to process improvement and commitment to efficiency have prepared me to deliver impactful solutions in future procurement roles.
