Michael Nashed Email & Phone Number

Boston, Ma, Us

Cambridge, Ma, Us

Dynamically and rapidly transformed a life sciences-focused procurement and supply chain organization into an efficient global sourcing unit that materially enabled production planning of more than 100,000 diagnostic tests, daily, for one year+ during the height of the SARS-CoV-2 (COVID 19) pandemicEffectively aligned the institute’s mission-driven goals with the focus of the procurement and supply chain teams in order to achieve rapid results and to facilitate the scientific objectives set forth by leadershipExpanded operations on the fly, to support a necessary and immediate institutional scale up of more than 100% across multiple metrics, including materials management value, contractual/sourcing and material movement transactions and logistical requirementsDuring a period of substantially increased resource needs, led the procurement and supply chain teams through significant sourcing uncertainty and product scarcities, brought about by unforeseen demand and manufacturing limitations related to COVID 19Overcame numerous supply chain variables through strategic planning, risk management methods and a generally resourceful approachReduced essential direct costs amid challenging conditions, and contained otherwise dramatically escalating costs using impactful negotiations, through a collaborative approach with suppliers and by leveraging industry relationships

Cambridge, Ma, Us

As head of all procurement, established a fully centralized model for sourcing, supply chain, contract management, logistics and asset managementBuilt entire procurement organization from ground up, including 50-member staff, policies, protocols, enterprise systems, and best practices Implemented effective and financially impactful resourcing strategies for business continuity, supply chain risk mitigation, spend management, preservation of working capital and systems-based transactional automationInstituted and maintained robust controls to ensure compliance with all applicable regulations and policies, and presided over ten years of federal audits that proved free of findings or corrective action requirementsDeveloped and sustained a staffing/staff retention model, resulting in zero turnover of core personnel over a 10+ year period, focused on career progression, work/life balance, identification of key roles and recognizing/promoting existing skills sets

Cambridge, Ma, Us

Oversaw all procurement for 2000-person life sciences research operation, including negotiations and related savings targets, market analysis and source justification, receiving and asset tracking, and general enforcement of MIT’s procurement policy; led, trained and mentored a staff of purchasing agents and logistics staff.

Cambridge, Massachusetts, Us

Managed all purchasing duties and vendor relationships for 100-member laboratory staff; negotiated pricing, troubleshot problems, and resolved all questions related to procurement.