Ifeanyi O. - MCIPS Chartered, M.Sc

Experience

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  Schneider Electric

  Jan 2010 - Jan 2011

  Technical Procurement Executive

  Prepare and send Request for Quotation and Purchase Order to suppliers Oversaw all aspects of product purchasing and supplies and arranged meetings with wholesalers for contract negotiation Assisted in demand forecasting and month end inventory reviewsPrepared and delivered weekly/monthly reports for better visibility of operations.Key Accomplishments:.Achieved savings of 12% and improved purchase order processing time by 25%.Assisted the organisation to achieve annual earnings valued $37B by managing project procurement for energy automation projects.Boosted service rating from 59% to 86% by delivering excellent customer service included contacting with clients to answer queries, provide technical advice, and introduce new products. Show less

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  Orbital Engineering, Inc.

  Jan 2011 - Jan 2012

  Procurement Project Engineer (Engineering & Construction)

  • Responsible for pricing negotiations, service contracts and authorization of new vendors. Issuance of purchase orders and other tracking documentation. • Tracking of project costs and procurement progress• Preparation of project scope, goals, deliverables and schedules, participation in site inspection and construct-ability review and updating work schedules; monitoring of projects throughout the project lifecycleACHIEVEMENT• Eliminated 3-year-old closeout backlog and reduced procurement lead times by more than 45%.• Achieved year one annual savings of $6.2 million and an approximate function ROI of 375%• Created supplier diversity program, hosted numerous vendor events and achieved 16% diversity spend Show less

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  LAFAM LIMITED

  Jan 2012 - Jan 2013

  Contracts & Procurement Manager (Engineering & Facilities)

  Established the Procurement function, developed sourcing and tender strategies and policies. The team grew from 1FTE to 4FTE within 8 months. Lead the development of effective tender and procurement process and systems that ensure prompt processing of procurement requisition for the Engineering, Facilities and Oil & Gas functionsCarry out the evaluation of vendor performance and implementation of remedial action to ensure vendor performance upgrade where necessary.Developed the procurement value proposition targeting cost savings, customer service and contractual/regulatory complianceKey Projects and achievements: Managed the sourcing project for 6" Ogbainbiri - Tebidaba Pipeline Construction with a budget of $12.86m achieved savings of about $1.05m by subcontracting and ensuring on time in full delivery of materials and equipment for the project.Led a tender team through a competitive bidding process and secured a pipeline contract worth $4M. Negotiated the design and construction of pig launcher and receiver valued at $4M. Savings achieved includes $950,000 soft savings, $120,000 cost avoidance.Streamlined review/consent process for $175M pipeline construction subcontract in collaboration with 3 discipline units, completing the process in 54 days rather than the scheduled 70 day Show less

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  May & Baker Nig.Plc, Lagos

  Jan 2013 - Jan 2015

  Lead Buyer - Plant Operations (Engineering & Facilities)

  Responsible for the $55m spend for all operations, services, facilities and spares procurement of the WHO cGMP plants located in Ogun State and serve as safety valve between Plants and Head Office. Lead the delivery of cost savings on the strategic equipment, facilities maintenance services and consumables across the Plants Act as intermediary between vendors and user departments to resolve contractual problems relating to technical specifications, late delivery, price discrepancies and product quality issues. Relate functionally with three (3) different Plant Management team to deal with peculiar Procurement Issues and harmonize operations. Coordinate location based weekly meetings of Procurement and maintenance teams on resolving operational issues. Champion suppliers/contractors' performance appraisals and drove the implementation of the improvement plans to ensure they are credible and best in class to work in May & Bakers' plantsKey Accomplishments:Led the project procurement for building construction of WHO-approved cGMP plants comprising 3 production lines, 2 packaging lines and several types of machinery.I established common stock to optimize inventory-carrying amount by the business and achieved 100% stock availability of building materials, equipment's and accessories and saved about $1.1m within 1.2yrsNegotiated FM framework agreement valued at $2m/annum; achieved cost savings of $800,000/annum.Led project that transitioned to the in-house manufacturing of packaging inserts, and pet bottle for supply to company production divisions. This created annual savings of $1m.Achieved 13% soft savings on the procurement and maintenance of production line equipment, factory upgrades and consumables across plants through effective negotiation of contracts and category management. Show less

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  Roche

  Jan 2015 - Jan 2017

  In addition to my role as the Country Procurement Manager, I was accountable and responsible for the execution of the Supply Chain Target Operating Model (TOM) for Roche SSA. Set up the Supply Chain function, developed and managed the import and logistics processes of finished products. Continuous improvement and execution of Category Management Strategies for key categories - Technology, Facilities, Travels, Professional Services & Marketing.Provide leadership & support to SSA Procurement organization, ensure the execution of key category, and cost management strategies.Key Accomplishments:Led the deployment of SAP Ariba eProcurement sourcing processes across 4 sites in Sub-Sahara Africa - $1m in cost reductions and 45% improved LPO processing efficiency.Negotiated and enacted multi-year contracts with warehouses (cold/non-cold chain), clearing agents and 3PL providers, achieved reduced lead-time and cost savings estimated at $1m per annum.Management of Inbound Logistics processes (3PL Management, Customs & clearing agents), Warehousing (cold chain & non-cold chain) and Supply Chain Quality Management.No demurrage incurred, damages to consignment or regulatory fines.Negotiated air travel contracts (discounts & rebates) with 2 global airline alliances - Star Alliance, & Sky Team achieved 5% & 7% cost reduction on Business & Economy class tickets respectively. Consolidated and negotiated hotel deals (discounts/rebates) with hotel chains across Sub-Sahara Africa.Lead monthly S&OP demand Planning and Forecast on SAP APO in collaboration with Finance and Sales.Developed a forecasting model for optimum stocking. Achieved 95% stock efficiency. Achieved 100% On Time, In-Full delivery of all shipments.Designed and reviewed monthly procurement analytics dashboard with the key stakeholders for deep spend management insights, extracting data from SAP MM and using Tableau for data visualization. Show less Hired to build a best in class procurement organization; established the procurement unit, developing category management strategies and optimizing processes to generate sustainable value.Provide frameworks for cost optimization, value derivation, and regional strategic sourcing with budgets of $40m on indirect categories: IT-Software, Hardware, mobile devices, network, internet & telecom services etc.Professional Services- Outsourcing of Accounting, HR, Audit, and Advisory services.MICE- Meetings, Incentives, Conferencing & EventsMarketing, Media, and advertisingTravel ManagementDiagnostics devices/reagents Facilities Management/utilities Fleet Medical/Market Access projects.ACHIEVEMENT• Developed and employed Roche cost improvement criteria against improvement goal of 6% versus previous years spend, doubling results and achieving 12.3% in cost improvements.• Deployed Ariba eProcurement sourcing processes across Sub-Sahara Africa - $1.5m in cost reductions.• Led negotiation team through successful negotiation for cold chain warehousing and distribution contracts for Nigeria that delivered 11% ($1.5m) in annual saving.• Delivered strategies for spending, pricing, and supplier selection that delivered 5% of addressable spend ($1.4m) in savings. This was achieved by re-negotiating high-value contracts-Travels, MICE, IT, fleet) and implementing a robust supplier relationship management.• Implemented procurement technology infrastructure to support function growth. SAP MM and Ariba Spend Management were implemented 3 and 6 months, respectively, after joining Roche Show less

  • Digital Procurement Transformation (SAP Functional Lead) - South Africa & Sub-Sahara Africa

    Jan 2016 - Jan 2017

  • Country Head, Procurement & Supply Chain Management

    Jan 2015 - Jan 2017

  • Country Procurement Manager

    Jan 2015 - Jan 2016
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  Union Bank of Nigeria

  Jan 2018 - Jan 2019

  ❇️ Defined, Developed and Drove agile Procurement Category Management strategies that drives value derivation and cost optimization of $100m Technology spend (Software, Hardware, Infrastructure, Networks, Managed Services, Digital/eChannels (web, mobile, ATM, POS). ❇️ Led strategic sourcing & contract negotiation (prepare and conduct RFx, negotiate and contract the most appropriate supplier (based on TCO, quality, delivery, risk) in collaboration with the cross-functional stakeholders (IT, eChannels, Digital Ventures, Finance, Legal).❇️ Oversaw the execution of annual category sourcing plans through detailed analysis of contracts/SLAs, spend analysis, usage patterns, future demands, and benchmark data ensuring full alignment with the organization’s strategic goals.❇️ Collaborated with strategic suppliers and relevant stakeholders to ensure that the best commercial value is negotiated and obtained for all technology spend areas.Key Accomplishments:✅Led a collaborative engagement team through the ERP enhancement of eSourcing Solutions (P2P) - Oracle iProcurement; iContract; eInventory and SRM modules etc. Reviewed and updated the ERP business requirements; developed and validate UAT.✅Led negotiation for enterprise infrastructure -achieved savings of $1.3m (Microsoft); $1.1m (DellEMC Vblock), $820k(Palo alto network security), $800k(Cisco Contact center), $600k(Finastra trading portal), $230k(Cisco smartnet), $200k (IBM IAM)✅Reduced ATM Annual Maintenance cost (SLA) by 16% versus 2017 cost paid by the bank. Negotiated an extended weekend service coverage to 3 major cities-call out charge of $145,000/annum waived and improved. ✅Reduced AMC for Oracle FCUBS, supercluster, database, HRMS by 17% (Total P/L savings of $450,000) Show less Union Bank of Nigeria embarked on a Transformation Program Tagged Project LEAP (Long-term Efficiency Acceleration Program). The objective of Project LEAP is to evaluate and interrogate the banks' current procurement and supply chain processes, spend behavior and develop innovative ways to accelerate process efficiency and optimize cost (cost avoidance and cost savings).❇️ As Procurement Workstream Lead, I am responsible for the review (current state assessment) of existing processes, systems and spends covering Technology, Corporate Services and Facilities. I provided deep spend insights and bankable strategic sourcing and category management action plans (target state) that potentially helped the bank to optimize cost while improving process efficiency and reducing risks. I collaborated with a team of experts; consultants and the cross-functional Transformation Management Project team. The Transformation program is supervised by the CFO and reports to the Group Managing Director. Key deliverables include:✅ Spend Control Tower - A Spend Management Program aimed at providing visibility and management control for all spend that would generate savings in excess of $20m. Already realized 25% of the target savings within 3 months✅ Procurement Negotiation Factory – a Best in class negotiation strategy tool for generating optimum value and cash impact from all negotiations. Output includes best in class negotiation templates.✅ Advanced Spend Analytics – output is a Procurement Executive Dashboard that gives insights on 3rd party spend to uncover cost optimization opportunities, smart and agile decisions and proactive procurement planning ✅ Procurement Process Re-Engineering-Process review and changes to accelerate efficiency, reduce supply chain risks and improve agility Show less

  • Global Category Manager - Technology & Digital Transformation

    Jan 2017 - Jan 2019

  • Programme Manager - Procurement Transformation (Project LEAP)

    Jan 2018 - Jan 2018
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  First Bank of Nigeria Ltd.

  Jan 2019 - Jan 2021

  Snr. Global Category Lead - Technology (IT Software and Hardware)

  ❇️ Team Leadership: Led a team of five (5) Category Managers in managing ~$300m technology spend/contracts portfolio. Pioneered and set up the Category Management structure, developing Strategic Sourcing Framework, SOP and policies.❇️ Procurement Execution: Led Source to Contract processes for Technology portfolio: Software (Applications, Licenses, SaaS, Cloud), Enterprise Hardware, Managed and Support Services, eBusiness, and Digital Transformation across multiple regions including Nigeria, Ghana, Senegal, DRC, Gambia, Guinea, Sierra Leone, and the UK. Key Project includes: ✅ERP Transformation (contract value = $45m, savings = $4m): Led the sourcing project and contract negotiation for an ERP transition from Oracle EBS to a new platform, tender (RFP) involved SAP S/4HANA, Workday, Infor, Sage, and Oracle Fusion ✅Core Banking Transition (contract value = $80m, savings = $11m): Led the sourcing and contract negotiation for Finacle Future Ready and the associated infrastructure (IBM Servers, Dell Hyperconverged, Oracle Exadata). ✅Claims Management Software (contract value = $10m, savings = $1.5m): Directed the sourcing of claims management software for the insurance subsidiary, tender (RFP) involved LexisNexis, Guidewire, Logiclaim, and Netclaim, contract includes transition strategy and post-go-live support.❇️ Supplier Relationship Management: Oversaw complex technology contract management with strategic Tier 1 global suppliers such as Finacle, Microsoft, AWS, Oracle, Cisco, Dell, IBM, Trendmicro, Calypso. Show less

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  Fidelity International

  Apr 2022 - Nov 2022

  Interim Snr Manager - Technology Procurement Transformation

  ❇️ Team Leadership: Led a team of four (4) Sourcing Managers in the execution of critical technology procurement initiatives.❇️ Cloud & SaaS Procurement Transformation: Developed a comprehensive blueprint for Cloud & SaaS procurement transformation, encompassing both annual and multi-year category strategies. Successfully implemented strategic sourcing programs that optimized procurement processes and achieved cost efficiencies.❇️ Cloud Procurement Strategic Sourcing Program Management: Managed a $60 million Request for Proposal (RFP) involving five global cloud providers – AWS, Microsoft, Google, Oracle, and IBM. Delivered significant cost savings ($8m) and enhanced vendor relationships through effective contract negotiations and strategic sourcing.❇️ Contract Change & Risk Management: Spearheaded the development and delivery of comprehensive contract change and risk management frameworks. This included assessing supplier risk profiles, continuous monitoring, and implementing mitigation strategies, ensuring the resilience and reliability of supplier engagements. Show less

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  MTN

  Nov 2022 - Dec 2024

  Principal Procurement Consultant, Enterprise Software (Cloud & Hyperscalers)

  World leading telco, mobile network operator and digital solutions provider with over 300m+ customers operating in 21 markets:❇️ Led a team of Strategic Sourcing Managers, Specialists & Analysts responsible for the development and execution of technology & cloud category sourcing strategy for the $500m Technology & Cloud portfolio for MTN Group (telco provider) with presence at 21+ countries:❇️ Led the negotiation and contract management of software license agreements, renewals and spend optimization with Tier-1 SaaS and Cloud suppliers including AWS, Microsoft, Salesforce, SAP, IBM, ServiceNow, Oracle.❇️ Developed the sourcing strategy and led the execution of the sourcing program for a $60m ERP Transition programme from SAP ECC ERP to a new cloud-based ERP platform. Tender involved SAP S/4HANA, Workday, IFS, Infor, Sage, Oracle. Delivered $6m in cost savings.❇️ Led the Multi-Cloud Supplier Sourcing & Selection Program: Cloud Service Provider Strategic Sourcing and selection programs involving Microsoft, AWS, GCP, Huawei, Alibaba Cloud, Tencent Cloud, IBM Cloud, & Oracle Cloud: ✅ Led the negotiation of the $90m 5yrs Microsoft Cloud Agreement (MACC) as well as AWS cloud contracts. Established and drove the governance for the management of the contract delivery, risk mitigation and performance management programs. ✅ Led the negotiation of the $47m 3yrs Cloud Managed Services and ongoing management of the contract delivery, ensuring that business value is sustained, service is delivered in line with SLA. ❇️ Cloud Cost Optimization (FinOps): ✅ Developed and executed FinOps framework and governance standards involving tagging policy, forecasting and budgeting, monitoring of cloud spend, and managing Azure/AWS usage and cost. ✅ Developed dashboards for regular reports on cloud spending, savings, budget adherence. Provided actionable insights & analysis of cost trends, variances and implemented corrective actions. Show less