Ikenna N. Email and Phone Number
Excellence in optimizing procurement strategies, streamlining contract management, and orchestrating intricate supply chain operations to achieve remarkable cost savings and operational efficiency. A proven leader with an impressive track record of driving successful procurement initiatives, negotiating favorable terms, and nurturing valuable vendor relationships. Equipped with an extensive background in developing and executing innovative contracting strategies that align with business objectives and regulatory compliance. Adept at delivering superior results through meticulous analysis, strategic planning, and collaborative teamwork.Key Achievements and Expertise:Strategic Procurement Leadership: Spearheaded procurement teams to deliver consistent cost savings, exceeding targets by 40%. Introduced data-driven decision-making methodologies resulting in a 15% reduction in procurement cycle times.Contract Management Excellence: Successfully led the preparation and negotiation of complex contracts, ensuring compliance with legal and regulatory standards. Negotiated contract terms leading to an average cost reduction of 12% while mitigating risk exposure.Supply Chain Optimization: Designed and implemented comprehensive supply chain plans, enhancing operational efficiency and reducing lead times by 25%. Introduced innovative inventory management techniques, resulting in a 30% decrease in carrying costs.Vendor Relationship Cultivation: Built and nurtured strategic relationships with key vendors, securing preferential terms, extended payment periods, and priority access to cutting-edge products. Conducted regular performance evaluations, elevating supplier reliability by 20%.Procurement Process Enhancement: Introduced standardized procurement documentation, decreasing bid preparation time by 40%. Pioneered the utilization of modern e-procurement tools, reducing manual errors by 90%.Cross-functional Collaboration: Collaborated seamlessly with cross-functional teams, aligning procurement strategies with overall business goals. Provided specialist guidance, leading to a 25% reduction in decision-making time.Regulatory Compliance: Ensured adherence to all relevant regulations, resulting in a flawless record during internal and external audits. Industry Expertise: Possess a deep understanding of market trends, industry dynamics, and emerging technologies, staying ahead of the curve to capitalize on opportunities and mitigate potential challenges.ikenna222@yahoo.com
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Head, Contract, Procurement And LogisticsTrexm NigeriaNigeria -
Head, Contract, Procurement & LogisticsTrexm Nigeria Jul 2022 - PresentLagos, Lagos And Rivers State, Nigeria• Led the procurement function, resulting in a 20% increase in procurement efficiency.• Coordinated the development of procurement and contract strategies, resulting in a 15% reduction in procurement cycle time.• Successfully supervised procurement interfaces on 10+ projects, ensuring on-time project delivery.• Improved project coordination by implementing streamlined processes, reducing project delays by 12%.• Negotiated supplier agreements resulting in an average cost… Show more • Led the procurement function, resulting in a 20% increase in procurement efficiency.• Coordinated the development of procurement and contract strategies, resulting in a 15% reduction in procurement cycle time.• Successfully supervised procurement interfaces on 10+ projects, ensuring on-time project delivery.• Improved project coordination by implementing streamlined processes, reducing project delays by 12%.• Negotiated supplier agreements resulting in an average cost reduction of 8% across key commodities.• Utilized market insights to establish agreements that reduced supply chain risks by 15%.• Collaborated with cross-functional teams to determine procurement needs, enhancing delivery accuracy by 95%.• Resolved value discrepancies, resulting in a 98% reconciliation rate and improved supplier relationships.• Ensured 100% compliance with corporate, legal, and regulatory requirements for all contract-related matters.• Achieved proper closeout of 50+ procurement and contract issues, minimizing legal and financial risks.• Provided timely information to business development, leading to the identification of opportunities worth $1m+.• Collaborated with finance to review high-dollar purchase orders, ensuring adherence to procurement plans.• Proactively identified risks in key supplier programs, resulting in 20% fewer supply disruptions.• Facilitated client inspections, resulting in a 95% satisfaction rate with facility and material movement conditions. Show less
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Procurement LeadBourbon Interoil Nigeria Limited Aug 2020 - Jun 2022• Coordinated and managed the purchasing team to optimize company operations.• Achieved a 15% reduction in average response time to purchase requests through streamlined coordination.• Successfully managed bid reviews, negotiations, and contract awards, leading to a 10% increase in cost savings through favorable contract terms.• Administered contract amendments, resulting in a 20% improvement in contract compliance and reduced discrepancies.• Facilitated local purchasing for… Show more • Coordinated and managed the purchasing team to optimize company operations.• Achieved a 15% reduction in average response time to purchase requests through streamlined coordination.• Successfully managed bid reviews, negotiations, and contract awards, leading to a 10% increase in cost savings through favorable contract terms.• Administered contract amendments, resulting in a 20% improvement in contract compliance and reduced discrepancies.• Facilitated local purchasing for bourbon affiliate vessels in nigeria, ensuring on-time supply delivery as per purchase requests.• Achieved a 98% adherence to supply schedules, minimizing operational disruptions.• Led the coordination and processing of purchase requests and task assistant needs, achieving a 98% accuracy rate in fulfilling requests.• Planned, organized, and managed the purchasing team to achieve a 15% reduction in procurement cycle time from request to onboard delivery.• Conducted weekly reviews and maintained key performance indicator (kpi) ratios for air and sea delivery.• Improved on-time delivery by 12% through proactive monitoring and intervention• Ensured consistent alignment with organizational strategy, resulting in a 95% alignment rate between purchasing activities and company goals.• Maintained an up-to-date status for all orders, contributing to a 98% reduction in order tracking errors.• Improved real-time visibility into order progress and delivery timelines.• Collaborated with suppliers to close open non-conformance reports (ncrs) and implement corrective actions.• Achieved a 90% resolution rate for ncrs, fostering stronger supplier relationships Show less -
Lead, ScmVandrezzer Energy Services Limited Oct 2015 - Jul 2020Port Harcourt, Rivers State, Nigeria• Successfully coordinated the purchasing team's activities to support company operations, resulting in a 20% reduction in procurement lead time.• Provided supplies and services for bourbon affiliate vessels in nigeria, achieving a 95% on-time delivery rate as per purchase requests.• Coordinated and processed purchase requests and task assistant requests, maintaining an average response time of under 24 hours. -
Contract & Procurement Lead/Senior BuyerBourbon Interoil Nigeria Limited Feb 2010 - Sep 2015Port Harcourt, Rivers State, Nigeria• Developed innovative contracting strategies resulting in a 20% reduction in overall contract costs.• Streamlined contract proposal processing, reducing average processing time by 15%.• Prepared and implemented contract timetables leading to a 25% improvement in project timeline adherence.• Successfully participated in 10 nestoil tenders, contributing to a 30% increase in successful bid acquisition.• Led clarifications and negotiations resulting in a 15% increase in favorable… Show more • Developed innovative contracting strategies resulting in a 20% reduction in overall contract costs.• Streamlined contract proposal processing, reducing average processing time by 15%.• Prepared and implemented contract timetables leading to a 25% improvement in project timeline adherence.• Successfully participated in 10 nestoil tenders, contributing to a 30% increase in successful bid acquisition.• Led clarifications and negotiations resulting in a 15% increase in favorable contract terms for the company• Developed user-friendly invitation to tender (itt) & request for quotation (rfq) templates, leading to a 40% reduction in bid preparation time.• Achieved 95% template utilization across all tendering processes, ensuring consistency and compliance.• Reviewed and analyzed 50+ vendors/suppliers, resulting in the identification of three new cost-effective suppliers.• Developed comprehensive plans for purchasing equipment, services, and supplies, optimizing procurement costs by 10%.• Successfully negotiated pricing and supply contracts, yielding an average cost reduction of 12%.• Negotiated favorable terms with key vendors, resulting in extended payment periods, improving company cash flow.• Established and maintained strong relationships with top vendors, resulting in a 15% increase in early access to industry innovations.• Conducted quarterly vendor performance evaluations, leading to improvements in delivery reliability by 20%. Show less
Ikenna N. Education Details
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Distinction -
Chartered Institute Of Purchasing & Supply Management Of NigeriaChartered -
Accountancy -
Federal Polytechnic Nekede Owerri Imo StateCredit
Frequently Asked Questions about Ikenna N.
What company does Ikenna N. work for?
Ikenna N. works for Trexm Nigeria
What is Ikenna N.'s role at the current company?
Ikenna N.'s current role is Head, Contract, Procurement and Logistics.
What schools did Ikenna N. attend?
Ikenna N. attended Malaysia University Of Science And Technology, Metropolitan School Of Business & Management (Uk), Metropolitan School Of Business & Management (Uk), Chartered Institute Of Purchasing & Supply Management Of Nigeria, Imo State University, Federal Polytechnic Nekede Owerri Imo State.
Who are Ikenna N.'s colleagues?
Ikenna N.'s colleagues are Peter Eguono, Olalekan Olajide, Godfrey Omogolor, Charles Onyemgba, Martin Agbo, Onomade Henry, Sodiq Omoloye.
Not the Ikenna N. you were looking for?
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Ikenna Moneke
Bachelor Of Construction Mgt & Econs, Pmi Certified Project Manager (Pmp)West Haven, Ct -
IKENNA DANIEL Betta-N
Md Danbetta Resources Ltd. Co-Founder: Toolz.Ng Online Tools Mall Ltd.Nigeria
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