A well-trained and seasoned Procurement Specialist with over 8 years of experience in procurement and inventory management. Recognized for developing cost-saving initiatives and measures to reduce costs, increase savings and manage relationships with vendors/suppliers in line with sustainability business goals. Proven experience in implementing effective sourcing strategies that adhere to disciplined budgets and deliver significant cost savings. Ability to collaborate with team members to define goals and develop strategies to maximize cost savings opportunities that will bring the organization closer to its ethical and sustainable goals.Previously worked for Future Wox, a company with extensive sourcing requirements, specializing in marketing and advertising for multinational pharmaceutical companies. From strategic sourcing for original/direct manufacturers to negotiating optimal and cost-effective contract terms.Highlights of my experience and achievements are, but are not limited to, the following:· Sourced an OEM manufacturer for one of the company`s clients to produce a custom medical device used by doctors for the prescription of a particular drug.· Collaborated with the medical device design and programming team to ensure that the manufacturer has the right specifications.· Negotiated the contract terms for the medical device project, including the protection of the client's patent rights.· Implemented a compulsory 60% credit facility for all vendors and contractors to optimize credit facility from the vendors and increase company profitability· Developed and implemented policies and standard operating procedures in line with sustainability goals to ensure compliance in all transactions and operations.· Execute and provide accurate specifications to support strategic procurement requests from the company's clients, resulting in cost savings of 25%
Savvy Cue Limited
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Procurement SpecialistSavvy Cue Limited Mar 2022 - PresentLagos State, Nigeria• Carry out competitive sourcing using Rfq on e-sourcing platforms to reduce procurement cycle time, establish transparency and traceability.• Facilitate the creation and management of supplier contracts, buy-to-pay and accounts receivable processes • Source, evaluate and select vendors based on the evaluation of bids tendered and award contracts to the most competitive and effective vendor.• Negotiate with suppliers for cost savings while achieving the most economically profitable value for money.• Create purchase requisitions and purchase orders using the SAGE software.• Accelerate the delivery on target date and improve the quality of products procured for the company’s multinational pharmaceutical clients.• Access the quality of service performance of the suppliers in accordance with the company’s policies and profitability goals.
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Procurement OfficerFuture Wox Mar 2019 - Mar 2022Lagos, Nigeria• Created and implemented a compulsory 60% credit facility for all vendors and contractors to optimize credit facility from the vendors to ensure there is an increase in the company’s profitability goals.• Development and implementation of policies and standards of operating procedures in line with the company’s sustainability goals, such that the mode of operation, guidelines, and procedures are followed for all transactions and operations in the unit.• Reduced costs by 25% by executing and providing accurate specifications to support strategic procurement requests from the company’s clients.• Sourced for and negotiated with an original direct manufacturer internationally (China) for a client to produce a custom calculator for amoxicillin-clavulanate suspension dosage used by medical doctors.• Worked with the team that designed and programmed the calculator to ensure the manufacturer got the right specifications.• Negotiated the contract terms for the calculator project, including protecting clients’ patent rights.• Sourced for and negotiated all foreign & local procurement of certain products according to the company’s client designs and specifications from reputable manufacturers.• Improved the customer experience of the company by procuring items on time and paying close attention to details and getting correct specifications to enhance company’s profitability goals.• Ensure logistics operations are tracked to facilitate timely delivery of procured items.• Maintain procurement records such as purchased items, freight costs, clearing costs, delivery, product quality or performance, and inventories. -
Procurement/Inventory Control OfficerLandover Aviation Company Aug 2015 - Aug 2018Lagos, Nigeria• Improved inventory by 30% by restructuring the physical store in alignment with the store database software to account for items in stock in order to curb and track any form of wastage in the system.• Coordinated the planning of items to be procured regularly in order to avoid shortages or out-of-stock items that can disrupt the company’s operations.• Purchased the best product offering the best value for money in the market using accurate logistics while maximizing quality, reducing costs, and ensuring vendor compliance with company policy.• Built strong relationships and interacted with key stakeholders to streamline the procurement process.• Generated and analyzed reports as required for use by the management on the cost incurred per cost and profit center.• Transmitted approved purchase orders and supporting documents to suppliers and tracked orders.• Handled bids and ensured reliable vendors were consulted to ensure material quality.• Maintained record of receipts as well as the issuance of items that are going out of the company's store to ensure accuracy and completeness.• Monitored the arrangement of items such as electrical fittings, vehicle maintenance items, uniforms for operations personnel, stationery items, cleaning materials, booklets, and forms in an orderly system in the company's store.• Carried out stock-taking and confirmed the periodic stock regularly.
Ayodeji Adeoye Skills
Ayodeji Adeoye Education Details
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Accounting
Frequently Asked Questions about Ayodeji Adeoye
What company does Ayodeji Adeoye work for?
Ayodeji Adeoye works for Savvy Cue Limited
What is Ayodeji Adeoye's role at the current company?
Ayodeji Adeoye's current role is Procurement || Strategic Sourcing || Contract Management || Vendor Relations Management || Data Analytics..
What schools did Ayodeji Adeoye attend?
Ayodeji Adeoye attended Houdegbe North American University Benin.
What skills is Ayodeji Adeoye known for?
Ayodeji Adeoye has skills like Negotiation, Management, Microsoft Office, Procurement, Purchasing, Inventory Control, Data Analysis, Microsoft Excel, Microsoft Word, Contract Negotiation, Customer Service.
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