Masego Khutsoane

Masego Khutsoane STRATEGIC SOURCING · BUSINESS DEVELOPMENT · FINTECH · PROCESS OPTIMISATION (- | masego1@@gmail.com | https://www.linkedin.com/in/masego-khutsoane- Summary Skilled procurement executive with twenty years relevant industry experience influencing stakeholders and shaping strategic direction of business units and divisions. Background in providing excellent service for large corporations that encounter detailed and ever fluctuating purchasing, procurement and strategic sourcing needs. Extremely meticulous, with a positive, upbeat personality, using every opportunity to expand creative thinking and to develop new, researched, justifiable, innovative solutions to complex supply chain problems. With my teachable spirit and adaptable personality, I plan to influence the trajectory of procurement for women in South Africa, to bring continuous improvement to the procurement body through my speaking engagements, platforms and company Skills ____________________________________________________________ Thorough knowledge of governmental rules regarding purchasing -Skilled in SAP Ariba, Oracle DBMS and Ariba Spend Management Suite -Detail oriented for accurate recordkeeping -Ability to effectively analyze data -Clear written and oral communication -Background in training personnel and new hires -Strong sales personality for ensuring accurate requirements are captured and delivered on -Negotiation skills for competitive sales and procurement agreements -Critical thinking to arrange processes and make necessary adjustments through policy development, business process review and refinement, or cost saving mechanisms - Ability to compile, code, calculate, and audit data Work Experience e4 Strategic DIVISIONAL HEAD: FINANCIAL SERVICES - RETRENCHED • • • • October. 2018 – June 2019 Direct the day to day operations of the organization. Improve operating procedures to increase profits through upselling and managing existing clients Helps structure, design and implement the FS strategy and fully accountable for preparing and delivering upon the annual business plan and budget for the division Implement the strategies set by the Board of Directors and the CEO Nedbank CATEGORY MANAGER: PROFESSIONAL, HR & LEARNING, TRAVEL AND BUSINESS SERVICES Feb 2017 – Sep 2018 • • • Creating strategic sourcing category and commodity strategies and implementation thereof for the PET category Manage a R1,5bn spend value for the PET category Provide the different executive stakeholders with client-driven insights regarding their particular product/service (Category strategy linked to the business strategy) Achievements: • • • • • Created and developed a long-term plan and strategy for the development of the category and trained the team to be focused and move away from tactical sourcing and offer strategic sourcing solutions Improved efficiencies and client satisfaction ratings, the perception of the unit as well as gained trusted advisor status in the co mpany Contributed to overall Group Procurement strategy and processes, agenda and vision Managed business risks within supplier risk framework by putting in place contracts for all top 85% high risks suppliers in a space of 6 months (over 100 contracts) Met savings targets in 2017 and 2018 for PET/BPS which was a first JSE: Johannesburg Stock Exchange HEAD OF PROCUREMENT – JOB POSITIONING Jan. 2016 - Aug. 2016 • Responsible for commercial supply chain solutions Achievements: • • • • • Engage and instil cost, quality and optimal contracts management processes from requirements, award and service performance w ith business and suppliers. Provide vision and guidance to procurement processes, policy and strategy to the business delivering significant value to drive increasing ROI Bring best practices policies and principles into the procurement function for the JSE Drive and lead the Enterprise Supplier Development programme, whilst ensuring improvement in the preferential procurement targets. Improvements attained from level 6 to level 2 BEE status. Transformed the function from reactive to proactive, strategic and on best practice principles Woolworths Financial Services (WFS) Subsidiary of Absa September 2020 MASEGO KHUTSOANE 1 HEAD OF PROCUREMENT AND SOURCING - RELOCATION June 2012 – June 2014 Responsibility: • Design and implement the strategic direction of WFS’ Sourcing and procurement as a business unit, as well as build a high performing and professional team. Role and achievements: • • • • • • Managed the daily operations of the Sourcing department to ensure that the products and services requirements are met in a timely, efficient, effective and ethical manner. Provided continuous staff development opportunities to ensure staff possesses sufficient training and required skill levels to perform their assigned tasks in a proficient manner. Promoted and supported ongoing teamwork within the department. Evaluated, made recommendations and developed WFS’ sourcing policy and procedures while conforming to Barclays SSMP requirements and compliance regulations. Reported on 3rd party spend and established Savings target Continually challenged operational requirements and supplier spend, identifying and critiquing cost and contract variations and directed business towards the preferred suppliers to ensure a high level of compliance is attained. Provided support on Joint Venture contracts and outsourced services contracts with multiple parties. ABSA HR and Homeloans: Sourcing Manager Professional Services: Sourcing ManagerSourcing Consultant - May 2011 – May 2012 (Lateral Move) July 2010 – April 2011 (Promotion) April 2009- June 2010 Promotion at WFS - Subsidiary Role and Achievements: • • • • • • Work in a cross functional team with the Barclays counterparts, in London as well as in Africa. Met and exceeded the 10% Saving target on Spend Was recognised by legal as one of the best and thorough Contract managers, negotiators and developers Managed with a limited resource base to operationalise and expedite the deals, in a limited time frame Executed and finalised an RFP process for a R600m contract, R900m wellness contract, with a R2b Category spend management portfolio. Reporting globally into the Barclays team and regionally to the head of sourcing South Africa Social Security Agency (SASSA) SENIOR MANAGER:ICT SOURCING- Private Sector experience Nov. 2006- Mar. 2009 Role and Achievements: • • • • • • • • Set up and ran the sourcing unit within SASSA, under IT Managed and negotiated the 3G contract, to the value of R12m Finalised deals with major ITC companies, to a total value of R30m Managed all ICT assets in all the regions Managed a complement of 4 members of staff in the unit. Provided direction for strategic sourcing on Demand, Bids and Contract Management in line with the PFMA, PPPFA and other relevant prescribes Managed the input and outputs of bid committees Managed demand management and spend analysis process Department of Minerals and Energy (DME) DEPUTY DIRECTOR: NETWORKS, INFRASTRUCTURE AND ADMINISTRATION July. 2002-Oct. 2006 Senior role/Head hunted for the SASSA role • • • • • • Continuously ensure delivery of IT services Managed the entire IT environment for the 12 regional offices and the infrastructure costs Ensured optimum desktop support management, helpdesk management and servers uptime, maintained customer relationships and Managed the risks Optimised the Department’s requests and processes, for IT procurement procedures and wrote the informatio n technology procurement charter, which was in use for a couple of years after I had left Developed IT policies Acted as Chief Information officer for Government Technology Officers Committee (GITOC) for over 2 years ESKOM(ARIVIA.KOM) Feb. 2000-Jan. 2002 PRE SALES/BUSINESS ANALYST • • • • DRAFTING REQUEST FOR PROPOSALS TO SEND OUT TO CLIENTS Responsible for proposed projects budget and monitored finances for all projects. Assisted in the development and implementation of change management procedures Liaised with technical staff and systems analysts September 2020 MASEGO KHUTSOANE 2 Education Rhodes University - BCOM INFORMATION SYSTEMS University of Johannesburg (RAU) – BCOM Honours Strategic Management Tshwane University of Technology – MBA(Unfinished) ITIL Foundation References References may be provided upon request September 2020 MASEGO KHUTSOANE 3