Oluwaseun Bakare

Oluwaseun Bakare Email and Phone Number

Procurement Manager @ ADDAS MALL
Lagos, Nigeria
Oluwaseun Bakare's Location
Lagos State, Nigeria, Nigeria
About Oluwaseun Bakare

Results-driven procurement manager, currently leading the procurement/sourcing efforts at Nigeria’s indigenous e-commerce supermarket. With over five years of hands-on experience in procurement, supply chain management, and data-driven decision-making, I have a strong track record of optimizing operations and achieving cost-efficient procurement solutions.My approach centers on building and maintaining long-term relationships with suppliers, enabling successful negotiations that drive value. I take pride in guiding teams to meet and exceed organizational goals, consistently delivering on OKRs and KPIs while ensuring seamless execution of administrative and operational tasks.Passionate about leveraging strategic thinking to enhance processes, I am dedicated to driving continuous improvement in procurement and supply chain operations.

Oluwaseun Bakare's Current Company Details
ADDAS MALL

Addas Mall

View
Procurement Manager
Lagos, Nigeria
Website:
addasmall.com
Employees:
73
Oluwaseun Bakare Work Experience Details
  • Addas Mall
    Procurement Manager
    Addas Mall
    Lagos, Nigeria
  • Golemon
    Products Sourcing Lead
    Golemon Jul 2024 - Present
    Lagos State, Nigeria
    Developing procurement policies: Establishing, analyzing and optimizing the sourcing strategy to align with the business’s goals.Leading collaboration with stakeholders and internal teams: Partnering with stakeholders, executive leaders, and department heads to understand business needs. As a result, I am able to establish requirements, scope, and criteria for sourcing techniques and acts according to the general sourcingoperations for an ecommerce.Managing vendor selection: Leveraging tools to facilitate strategic sourcing and managing the Request for Proposal process. Leading initial market research and vendor profiles to assist in vendorselection.Building supplier relationships: Using Supplier Relationship Management (SRM) best practices throughout negotiation, contracting, onboarding, ongoing business, and renewal.Analyzing procurement data: Collecting and interpreting sourcing data including cost analysis reporting, benchmarking expenditures, and return on investment.Optimizing procurement processes: Performing regular reviews of established sourcing processes to ensure continual improvement, refining policies where needed.
  • Jara
    Team Lead Commercial
    Jara Feb 2023 - Aug 2024
    Nigeria
    •Writes and implements the JARA procurement plan, develops procedures, contracts, and documents after approval by GM.•Ensures all suppliers data, purchase prices (PP), sales prices (SP), margins, SKU barcodes, etc. are entered in the ERP system accurately.•Acts according to the general procurement plan and ensures the commercial team act accordingly as well.•Find the right suppliers (manufacturers; farmers; distributors; importers; agents) who are able to deliver the selected SKUs for the best prices in the market and to deliver the agreed volumes according to the time plan (JIT principle)•Develops, sources, and maintains a well-balanced and high-volume, discount assortment which meets the basic needs of customers.•Tenders (new) SKU’s according to the tendering procedure•Ensures the buying of goods is based on the defined quality specifications and terms.•Conducts market surveys to map out the suppliers and distributors market who are able to deliver the selected SKUs for the best prices in the market.•Prepare the supplier contracts based on the approved standard contract, incl. the parameters: name supplier, address, etc., bank account, volumes, layers per pallet, box content, prices, discounts, payment terms, marketing fees, logistic fees, etc•Evaluates the category developments and decision trees in a certain frequency.•Ensures that price discounts are a part of negotiations and are properly allocated well (into front margin or back margin)•Ensures the margin mix and margin impact per category has been calculated.•Acts according to the discount price strategy.•Ensures the set-up of store individual planograms (locations, facings) and reviews the planograms in a certain frequency.•Liaise with the GM about promo plans and its discounts with the suppliers.•Engages the team to deliver great performances regarding the assortment and margins, commercial processes and strong teamwork through inspirational leadership.
  • Jara
    Category Manager
    Jara Jul 2022 - Aug 2024
    Nigeria
    Place appropriate orders to ensure product availability that meets consumer demands across all JARA stores.Foster trust relationships with vendors to achieve better pricing and quality of services.Strategize positioning of a product category in order to maximize its visibility.Develop exit strategies for unsuccessful products.Plan and implement long-term development strategies for product categories.Research competitors and suggest appropriate pricing and promotional activities. Analyze data or insights to determine industry and consumer trends.Liaise with marketing teams to determine competitive pricing and promotional activities of a product category.Collaborate with vendors and merchandisers to expand product categories.Make forecasts for product demand to ensure the sustainability of inventory.Build and maintain long-term relationships with vendors
  • Jara
    Assistant Buyer
    Jara Oct 2021 - Jul 2022
    Lagos, Nigeria
    Assisting the category managers with the selection of the right product mix.Placing and tracking purchase orders.Ensuring products are purchased at the right time, to specific location and at a good and accurate price.Negotiating with vendors and building positive, long-term relationships.Researching new suppliers and making recommendations to the category managers.Preparing competitive retail and pricing strategies.Planning, monitoring and maintaining suitable inventory levels.Confirming time to time from vendors of any price update on their respective products.Works with the category managers to decide about the promo plans and its discounts financed (partly) by the suppliers.Forecasts the promo price impact on total margin and reports to the category managers and commercial manager.Reports the outcomes of the promo sales and its impacts on weekend and weekly basis. Ensures the margin mix and margin impact per category has been calculated before closing the commercial contracts
  • Jara
    Master Data & Pricing Analyst
    Jara Apr 2021 - Sep 2021
    Lagos, Nigeria
    Entered all SKU and suppliers’ data, purchase prices (PP), sales prices (SP), margins, barcodes, etc. in the ERP system accurately and safely, based on the approved data form by the category manager and the commercial manager.Controlled data redundancy to avoid outdated, non-useful and duplicate data records without deleting the needed historic data. Determined the most effective and efficient methods for inputting data into the system Controlled and improves data accuracy and integrity.Managed the master data requirements for the introduction of new SKUs and suppliers, deletion and replacements of SKUs and suppliers.Ensured access to data has been organized based on functionality and confidentiality.Developed pricing strategies with the category managers.Entered the gathered relevant sales prices of the targeted competitors in the system for price review for possible reduction Processed sales pricing requests for (permanent) price changes, project pricing and other requests as submitted by the category managers and commercial manager.Reported the price distance per category on a frequent basis Analyzed and set up pricing scenarios to oversee potential margins and profits Identified pricing solutions through cost/benefit analysis Maintained up-to-date archive of pricing templates and resources
  • Teqbridge Limited
    Data Entry Officer
    Teqbridge Limited Dec 2018 - Mar 2021
    Lagos, Nigeria
    Data entry with advanced skills in preparing and sorting documents for entry.Entering data into database software and checking to ensure the accuracy of the data that has been inputtedResolving discrepancies in information and obtaining further information for incomplete documentsCreating data backups as part of a contingency planResponding to information requests from authorized members.Scanning through information to identify pertinent information, correcting errors and organizing the information in a manner that will optimize swift and accurate capturing.Creating accurate spreadsheets.
  • Chinese Civil Engineering Construction Company
    Environment, Health And Safety Officer
    Chinese Civil Engineering Construction Company Jan 2018 - Nov 2018
    Ogun, Nigeria
    Oversaw in-house health and safety training of newemployees entering certain departments and operating certain types of equipment.Maintained accurate and up-to-date records of employee training and education compliance to ensure a sharedknowledge base throughout the company.Identified employees in need of updated training and safety certification to exercise appropriate risk-management solutions
  • Rite Foods Limited
    Health Safety Environment Officer
    Rite Foods Limited Dec 2016 - Feb 2017
    Ijebu Ode, Ogun, Nigeria
    Oversaw in-house health and safety training of newemployees entering certain departments and operating certain types of equipment.Maintained accurate and up-to-date records of employee training and education compliance to ensure a sharedknowledge base throughout the company.Identified employees in need of updated training and safety certification to exercise appropriate risk-management solutions
  • Igbinedion University, Okada
    Administrative Assistant To The Registrar
    Igbinedion University, Okada Oct 2015 - Oct 2016
    Edo, Nigeria
    Initiate files in time where orders of the higher authorities are required. Upkeep of all the files and records.Preparation of noting and drafting the letters and computer work.Initiating various proposals and prepare drafts and submit the same to the higher authorities for consideration and approval in a time bound manner.Assisting the registrar in drafting letters, putting up items with suitable notes, precedents, etc.
  • Niger Biscuit Company
    Quality Control Intern
    Niger Biscuit Company Aug 2014 - Aug 2015
    Sagamu, Ogun, Nigeria
    Conducted routine and nonroutine analyses of inprocess materials and finished goods to Carried out analyses on packaging materials such as laminate, cartons to determine it Assisted in quality assurance monitoring of finished product to ensure product conformity.ensure compliance with standards and specifications of the company.specifications
  • Searchgate Laboratories & Environmental Consultancy
    Quality Control Assistant
    Searchgate Laboratories & Environmental Consultancy Feb 2013 - Jan 2014
    Lagos, Nigeria
    Assisted in the preparation of samples for testing,using various laboratory equipment.Assisted in preparation of various media for all microbiological analysis and Documented all activities, results and report of daily activities carried out in the laboratory.Clean and sterilize equipment and work area to promote good hygiene practices.interpretation of results.Carried out all other duties as may be assigned by my supervisor.

Oluwaseun Bakare Education Details

Frequently Asked Questions about Oluwaseun Bakare

What company does Oluwaseun Bakare work for?

Oluwaseun Bakare works for Addas Mall

What is Oluwaseun Bakare's role at the current company?

Oluwaseun Bakare's current role is Procurement Manager.

What schools did Oluwaseun Bakare attend?

Oluwaseun Bakare attended Olabisi Onabanjo University(O.o.u), Olabisi Onabanjo University(O.o.u).

Who are Oluwaseun Bakare's colleagues?

Oluwaseun Bakare's colleagues are Joy Bessi, Helen Oyetunji, Adegboyega Temitope, Sunday Monday, David Michael, Ijeh Success, Yemisi Ilori.

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