Kenechukwu Nwodo

Experience

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  NESTLE NIGERIA

  Apr 2011 - Jun 2013

  ASSISTANT NESTLE CONTINUOUS EXCELLENCE CO-ORDINATOR

  1. Collation and preparation of Pareto's of Stoppage Analysis Modules.2. Coaching on basic Problem Solving skills - D.M.A.I.C White Belt Methodology.3. Conduct Weekly & Monthly Operations review meetings to highlight trends and identify root causes and recommend D.M.A.I.C Green Belt projects for re-occurring projects.4. Carry out planned audits of Process Flow Charts and edit any after any change as a result of D.M.A.I.C recommendation(s)5. Co-ordinate, collect, review and implement Continuous Improvement initiatives from Focused Improvement groups to ensure continuous improvement.6. Prepare monthly variance analysis reports. Show less

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  Nestle Nigeria Plc

  Jun 2013 - Aug 2017

  Treasury Specialist

  1. On-time payment of Foreign Vendors - Affiliates & Third Parties.2. Submission Foreign exchange control documents (FECDs) to banks.3. Derives from the Treasury tracker all the invoices due for RDAS and advises Nestle Treasury Centre (NTC) with a view to enabling the NTC to negotiate with the banks for foreign exchange, confirming the spot / forward rates with remittance procedures.4.Establish Letters of Credit (both confirmed and unconfirmed – based on the agreement with the foreign vendors) with a view of remitting funds for all invoices; advising the vendors with swift telex.5.Follow up with banks for timely registeration of Form M & NXP for import/export respectively and ensure on-time receipt of export proceeds from Affiliates.6.Filing of E.E.G application with N.E,P.C - Populating Export schedule , submission of export documents etc.7.Ensure refund of unutilized balance in Letters of Credit from all Banks.8.Receipt and dispatch of Shipping documents, PAAR, DUTY RECEIPTS, from banks to Import Export Team. Show less

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  Nestlé

  Sept 2017 - Jan 2023

  Works with the Regional Procurement Leadership team to review the current procurement process, suggests improvements and implement changes agreed in Nestle Nigeria.Ensures the implementation of new business solutions and trains users on changes and upgrades. E.g Ariba & SAP.Drives improvements by conducting RCA on unachieved business KPI's to identify the root causes of the failures and puts preventive measures in place to prevent future occurrence.Co-ordinates the activities of the Procurement Operations Team across 10 plants in 4 locations to ensure smooth running of all procurement operational activities to ensure supply.Ensures compliance to defined Procurement Policies and ensures closure of identified gaps. Country SPOC for Procurement Audits.Ensures Contracts are stored in the Contract Repository Management database Show less Manages the team to ensure:1. On-time payment of Foreign Vendors - Affiliates & Third Parties.2. Submission Foreign exchange control documents (FECDs) to banks.3. Derives from the Treasury tracker all the invoices due for RDAS and advises Nestle Treasury Centre (NTC) with a view to enabling the NTC to negotiate with the banks for foreign exchange, confirming the spot / forward rates with remittance procedures.4.Establish Letters of Credit (both confirmed and unconfirmed – based on the agreement with the foreign vendors) with a view of remitting funds for all invoices; advising the vendors with swift telex.5.Follow up with banks for timely registeration of Form M & NXP for import/export respectively and ensure on-time receipt of export proceeds from Affiliates.6.Filing of E.E.G application with N.E,P.C - Populating Export schedule , submission of export documents etc.7.Agreement of Spot and Forward rates with banks for Bills for Collection & LC transactions as well as Hedging.8.Ensure refund of unutilized balance in Letters of Credit from all Banks.9.Receipt and dispatch of Shipping documents, PAAR, DUTY RECEIPTS, from banks to Import Export Team.10.Getting approval and payment of FORM A Transactions - Services, Technological Assistance (NOTAP), Trainings, General License Fees / Royalties11. Preparation of Weekly FX exposure report for Regional Nestle Treasury Centre Dubai & ALM meeting.12. Managing banking relationships with all company's banks13. Preparation of Daily, Annual, Monthly FX forcast and cash forecasts14. Monitoring of daily Cash balances and sweeping of funds to meet payment and investment needs in various banks.15. Bank reconciliation - ensure resolution of outstanding items in bank reconciliation within 30 days. Show less

  • Procurement Excellence Expert

    Jan 2019 - Jan 2023

  • Assistant Treasury Manager

    Sept 2017 - Jan 2019
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  FrieslandCampina

  Dec 2022 - now

  Business Procurement Manager - Sub Sahara Africa

  Manages the MARCOM ( Marketing and Communication, Sales, IT, Professional Services and External Manufacturing ) Spend for Frieslandcampina SSA.Organizes strategic meetings with Business Units to align on business needs and works with the Global Category Manager to fulfil these needs in line with the procurement strategy and company policy.Coordinates Supplier Relationship Management and Supplier Evaluation. Identifies areas of improvements and holds strategic meetings with key suppliers.Ensures compliance to company’s procurement policy and mitigate any risk in conjunction with Internal Control. Also responsible for closing any audit gaps identified.Manages the Marcom Procurement Team (Source to Contract and Procurement Shared Service Center) to ensure proper service delivery. Recommends trainings for the Procurement Team and the Business Requestors.Contract Management - Ensures that contracts are in place based on Procurement Sourcing Strategy and ensures contract performance. Works with the Legal team to mitigate contractual risks and ensure value for the company.Develops Business Procurement Roadmap by aligning with the Business Units and the Global Category Team.Ensures that Savings Targets are met, regularly shares savings initiatives based on business needs and market trends and seeks to continuously improve the Procurement Process Show less