Fayaz Abdul Razak Assenarakath

Fayaz Abdul Razak Assenarakath

Senior Project Buyer

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location of Fayaz Abdul Razak AssenarakathAbu Dhabi, Abu Dhabi Emirate, United Arab Emirates

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  • Timeline

  • About me

    Supply Chain Professional

  • Education

    • Indian Islahi Islamic School, Abu Dhabi

      1987 - 1996
      High school Schooling

      Did my schooling

    • Calicut University, Thenhipalem, Malapuram

      2000 - 2003
      Bachelor of Commerce (BCom) Business/Commerce, General

      Graduated as a Bachelor of Commerce.

  • Experience

    • Hatta Trading

      Apr 2004 - May 2010
      Senior Project Buyer

      Worked as Supervisor Procurement Department with ADNOC on contract basis for various plantequipment purchases.Started as an expediter in the team and maintained all orders were delivered on timely basis.Any delays from suppliers was communicated immediately to the end user and made sure all arewell aware of the situation.Followed up for material rejections and timely closing of PO's.Followed up internally for vendors payment and sorting out issues related to PO.Identify new suppliers, agree terms and negotiate supply agreements where appropriate, including discount structures and volume rebates. Show less

    • Kharafi National

      Jul 2010 - Oct 2012
      Supervisor Project Contracts & Procurement

      • Company worked as an EPC contractor for GASCO IGD Habshan 5 project, GASCO (ADNOC).• Worked as Superintendent for the Project Procurement & Contracts activity which is structural steel, electrical materials and mechanical materials.• Fast Track project worth $ 800 million USD. Was reporting to Procurement manager UAE.• Prepared daily procurement statics and KPI's and reviewed with project management on weeklybasis.• Worked with strict dead lines for material delivery to end user.• Coordination with technical department and enduser for material specification clarification,approvals, etc.• Have strong negotiation and communication skill to internal and external customers.• Order processing for International orders as per BOQ, terms & conditions received from the project.• Manage buyers and ensure better negotiations through comparisons, prior to issuing order.• Establish and monitor Letter of Credit for local & overseas supplier’s• Assembles, reviews and coordinates documents and information pertaining to construction projects, architectural and construction management contracts and related areas • Understands legal terminology and the processes and issues encountered in contracts• Composes drafts of letters and documents related to the preparation of contract documents.• Provides statistical reports and maintains records of request for qualifications (RFQ) processes for all services contracted • Develops and maintains accurate records Resolves problems and makes decisions in accordance with departmental policies and procedures Show less

    • National Oilwell Varco

      Nov 2012 - Aug 2014
      Procurement Manager

      • Managing all the company’s external suppliers with particular emphasis on the purchase of materials• and finished parts for production.• Establish strategic relationships with key suppliers (probably turnkey including design) who are• aligned to the company's needs.• Foster close working relationships with associated departments e.g. Sales, Engineering and• Production, Business Development.• Prepare contract change notices, monitor contractor performance, including the reporting and status• of contractor and owner deliverables.• Attentions to details and ability to spot errors and inconsistencies.• Ensure that contractor is in compliance with legal requirements, owner specifications and• government regulations.• Management and coordination of purchasing activities with relation to Cost, Delivery and Quality• performance.• Coordinating and managing with Quality personnel, resolutions to Supplier Quality concerns,• ensuring timely and effective containment and long-term resolution of each concern.• Material Costs – stringent material control is required to assure company targets are met which• includes spend, usage, scrap, inventory levels etc.• Experience of outsourcing to low cost countries.• Made travels to Singapore, Malaysia, China, Europe and USA for Turnkey supplier identification• and new raw material supplier evaluations. Show less

    • Manweir LLC

      Sept 2014 - Nov 2017
      MANAGER PROCUREMENT & LOGISTICS DEPT.

      • Dispose of unclaimed property.• Prepare contract briefs and revisions summarizing contractual requirements and budgets.• Track authorizations and correspondence.• Also handling Logistics and transport of materials.• Taking care of Forklifts, loading equipments, trailers and their operators.• Coordinate with workshops for vehicle and equipment routine maintenance.• Disposing of old equipments with company approvals and calling tenders from Buyers.• Continually improve purchasing methods and drive down external spends.• Supplier visits for evaluation and developments.• To carry out a comprehensive review of the Purchasing function and its methodology, identify and implement improvements.• Prepare contract change notices, monitor contractor performance, including the reporting and status of contractor and owner deliverables.• Maintain an audit file for each contract which will include original contract, all correspondence, changes/deviations, amendments, clarifications, payment schedules.• Attentions to details and ability to spot errors and inconsistencies.• Coordinating and managing with Quality personnel, resolutions to Supplier Quality concerns, ensuring timely and effective containment and long-term resolution of each concern.• Mentoring new starters, providing on the job training to existing team members, and ensuring that the team are satisfactorily supported in their day to day work activities.• Prepare and disseminate information to appropriate employees regarding contract status, facilitate contractor meetings.• Ensure that contractors are in compliance with legal requirements, owner specifications and government regulations.• Perform closing activities as needed.• Track payments and deadlines.• Analyze and mitigate risk.• Provide contract summaries and ensure contract execution in accordance with company policy. Show less

    • CNIM

      Mar 2019 - Jun 2021
      Supply Chain Management

      • Project: Sharjah Waste to Energy (SWTE) Plant construction (Worth $ 174 million).• Incharge of project incoming materials & Logistics for Project from abroad.• All Equipments are procured and purchased from Europe, China & India.• Ahead Planning of logistics and shipping the materials on timely basis to project.• Negotiating prices with shipping companies to book ships for mobilizing the equipments to Dubai port from Europe and China.• Liaising with Dubai customs and MOE for duty exempting the materials and arranging transport to the site on timely basis.• Managing directly a team a of 4-5 people.• Great team building capability and coordinating and monitoring all materials are handled smoothly as per the procedure and standards.• Creating new procedures and reviewing existing procedure for adequate improvement on handling and storage of materials.• Proper inventory management of plant equipments and spare parts for easy traceability.• Purchasing consumables and urgent materials from local market for smooth plant constructions.• Coordinating with sub-contractors and vendors for delivery of materials and replacements if at all discrepancies are found.• Controlling the materials and equipments coming to site and exiting with entry and exit pass procedure.• Disposal of scrap material from site.• Attending meetings with various departments and attending various safety trainings on site. Show less

    • Hitachi Zosen Inova

      Jun 2021 - Aug 2023
      Materials Manager
    • Confidential.

      Sept 2023 - now
      Procurement & Logistics Lead
  • Licenses & Certifications

    • PMP Certified