Mohamed Almasry

Mohamed Almasry Email and Phone Number

Purchasing Manager at Ace Hardware Corporation @ Ace Hardware Corporation
oak brook, illinois, united states
Mohamed Almasry's Location
Salwa, Hawalli, Kuwait, Kuwait
About Mohamed Almasry

Success-driven, adept purchasing management professional with 13+ years of practical experience in notably reducing purchasing costs by systemizing processes, negotiating favorable terms, and streamlining supplier channels.

Mohamed Almasry's Current Company Details
Ace Hardware Corporation

Ace Hardware Corporation

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Purchasing Manager at Ace Hardware Corporation
oak brook, illinois, united states
Website:
acehardware.com
Employees:
7640
Mohamed Almasry Work Experience Details
  • Ace Hardware Corporation
    Purchasing Manager
    Ace Hardware Corporation May 2019 - Present
    Kuwait
    • Ensured supply chain compliance with our drive to buy in smaller lots, cuttinginventory costs by 28%.• Created an automatic resupply communication for frequently ordered parts.With an empty bin now triggers an instant message to suppliers, saving 20labor hours per week.• Saved $1.1 million a year through negotiating key contracts with 53 suppliers.• Cut materials costs by 22% through sourcing better deals and negotiatingcontracts.• Worked closely with suppliers to cut our lead times by 25%.• Negotiated with shipping companies to gain a 20% cost savings on allinbound freight.• Monitor stock level for each category (7 categories) by analyzing shipmentsin transit and sailing with stock in hand items• Summarize received shipments by category to identify planograms updatesin each store• Release all required local replenishment orders after ensuring that they areconsistent with the shelves stock and sales averages.• Create weekly statistics and marketing analysis to control inbound stockvalues and levels• Devising long-term development strategies for product categories• Developing exit strategies for unsuccessful products• Place appropriate orders to ensure product availability that meets consumerdemands• Make forecasts for product demand to ensure the sustainability of inventory• Ensuring company product categories along with displays are optimized forsales and marketing.• Optimizing in-store displays with prompted signage, category markers, andcategory usage tips.• Create and develop long term plans and strategy for the success of assignedproduct category
  • Al-Arabia Electrical Company
    Key Account Manager
    Al-Arabia Electrical Company May 2018 - May 2019
    Kuwait
    Developing, implementing and monitoring all the purchasing processes, inconjunction with the defined purchasing policies.• Entering order details (e.g., vendors, quantities, prices) into internaldatabases• Maintaining updated records of purchased products, delivery informationand invoices.• Analyzing price proposals, financial reports, and other information todetermine reasonable prices.• Prepare reports on purchases, including Sales & Stock analysis.• Follow-up on transit orders and ensure the deliveries are on time.• Monitor Slow Selling Products and take necessary actions• Monitor stock levels and place orders as needed.• Providing feedback on the annual purchasing budget based on thecompany’s business plan and strategic initiatives.• Building and managing relationships with the existing suppliers, evaluatingpotential suppliers and ensuring that they meet their contractualobligations.• Maintaining awareness of market practices and being up – to – date withlocal market fluctuations that might affect suppliers pricing• Sourcing new suppliers for the immediate future.• Conducting market survey to check the availability and the prices of newquality products and whether such prices are appropriate for purchasing
  • Afrah Alkhaleej General Trading Co.
    Category Buyer
    Afrah Alkhaleej General Trading Co. Sep 2014 - May 2018
    Kuwait
    Developing, implementing and monitoring all the purchasing processes, inconjunction with the defined purchasing policies.• Entering order details (e.g., vendors, quantities, prices) into internaldatabases• Maintaining updated records of purchased products, delivery informationand invoices.• Analyzing price proposals, financial reports, and other information todetermine reasonable prices.• Prepare reports on purchases, including Sales & Stock analysis.• Follow-up on transit orders and ensure the deliveries are on time.• Monitor Slow Selling Products and take necessary actions• Monitor stock levels and place orders as needed.• Providing feedback on the annual purchasing budget based on thecompany’s business plan and strategic initiatives.• Building and managing relationships with the existing suppliers, evaluatingpotential suppliers and ensuring that they meet their contractualobligations.• Maintaining awareness of market practices and being up – to – date withlocal market fluctuations that might affect suppliers pricing• Sourcing new suppliers for the immediate future.• Conducting market survey to check the availability and the prices of newquality products and whether such prices are appropriate for purchasing
  • Nestlé
    Sales And Marketing Specialist
    Nestlé Aug 2013 - Sep 2014
    Cairo
  • Raya Cx
    Technical Team Member
    Raya Cx Jan 2013 - Aug 2013
    Ma'Adi-Cairo Egypt
  • Orange Egypt
    Sales Team Lead
    Orange Egypt Jun 2012 - Dec 2012
    6Th Of October City - Egypt

Mohamed Almasry Skills

Active Learning Accounting Demand Planning Sales Forecasting Customer Satisfaction Supply Chain Management Negotiation Team Management Team Leadership Merchandising Stock Control Sales Management Financial Accounting Operations Management Customer Service Like Challenges Procurement Budgets Management Teamwork Retail Category Management Analysis Warehouse Operations Retail Buying Logistics Management

Mohamed Almasry Education Details

  • Faculty Of Commerce
    Faculty Of Commerce
    Accounting

Frequently Asked Questions about Mohamed Almasry

What company does Mohamed Almasry work for?

Mohamed Almasry works for Ace Hardware Corporation

What is Mohamed Almasry's role at the current company?

Mohamed Almasry's current role is Purchasing Manager at Ace Hardware Corporation.

What schools did Mohamed Almasry attend?

Mohamed Almasry attended Faculty Of Commerce.

What skills is Mohamed Almasry known for?

Mohamed Almasry has skills like Active Learning, Accounting, Demand Planning, Sales, Forecasting, Customer Satisfaction, Supply Chain Management, Negotiation, Team Management, Team Leadership, Merchandising, Stock Control.

Who are Mohamed Almasry's colleagues?

Mohamed Almasry's colleagues are James Lowe, Jesika Moran, Amanda Etter, James Todd, Kings Mafia, Eddie Maiden, Tal Hadani.

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