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Nader Farouk Sayed

Trading Manager at ELFEKY Group

Hadayek Alkobba, Cairo, Egypt

Work Experience

  • Trading ManagerFull Time

    ELFEKY Group

    Jan 2021 - Present -4 yrs, 6 months

    • Job Details:• INCREASED TRADE FINANCE EFFICIENCY, SAVING $1.5M IN PROCESSING COSTS ANNUALLY. • MANAGED OPERATIONAL SUPPORT FOR 100 + COMMODITY SHIPMENTS, INCLUDING CHARTERING VESSELS AND CUSTOMS CLEARANCE. • SPEARHEADED TRADING ACTIVITIES FOR SOFT COMMODITIES, HANDLING SOURCING FROM SOUTH AMERICA AND THE BLACK SEA. • OPTIMIZED TRADE DOCUMENTATION PROCESS FOR 100 + SHIPMENTS, ENSURING COMPLIANCE WITH GAFTA RULES. • HANDLED PURCHASING AND SELLING PLANS EXECUTION FOR INTERNATIONAL MARKETS, MANAGING A PORTFOLIO OF 15 COMMODITIES. • OVERSAW THE EXECUTION OF TRADE OPERATIONS FROM SELLER CONTRACT TO BUYER DELIVERY FOR 100+ TRANSACTIONS. • MANAGED TRADE FINANCE ACTIVITIES FOR COMPANY SHIPMENTS, INCLUDING LETTER OF CREDITS AND PAYMENT BONDS. • COORDINATED FUTURES TRADES OVER CBOT, ENSURING SUCCESSFUL TRADES FOR THE COMPANY'S COMMODITY PORTFOLIO. • IMPLEMENTED MATERIAL PLANNING STRATEGIES, SECURING REQUIRED QUANTITIES ON TIME AT COMPETITIVE PRICES. JAN 20 - DEC 20 MAY 14 - DEC 19 • COMMODITIES & GRAIN TRADER, DEALING WITH SOFT COMMODITIES (WHEAT, CORN, SOY MEAL, SOYBEANS, BARLEY, WHEAT-BRAN, WHEAT FLOUR… ETC) SPEARHEADING ACTIVITIES FOR TRADING OF SOFT COMMODITIES, , SOURCING THE COMMODITIES MAINLY FROM SOUTH AMERICA AND BLACK SEA • SURVEY, CONSTANTLY AND MONITORING THE PRICES IN THE COMMODITIES MARKET • DEAL WITH THE SUPPLIERS TO IMPORT COMMODITIES. • RESPONSIBLE FOR FUTURES TRADES OVER CBOT • FOLLOW UP THE CURRENT GRAINS STOCKS AND MANAGEMENT OF DELIVERIES PRIORITY.
  • SUPPLY CHAIN MANAGERFull Time

    MID RAW

    Jan 2020 - Dec 2020 -11 months

    Egypt , Cairo

    • Job Details:- all SC activities ; Logistics, procurement, planning, and warehouse. - Develop and manage Materials Planning function for goods and materials demanded by Company's vessels. - Create item specific forecasts over a rolling time horizon to be used for ordering and inventory management purposes. - Create integrated processes among Operations, Purchasing, Logistics, and outside suppliers to execute the planning/replenishment process. Identify systems tools needed to implement planning/forecasting systems. - Lead re engineering efforts as it relates to supply chain planning and execution systems. - Manage and supervise staff tasked with creating material requirement plans and/or forecasts. - Establish key performance metrics and benchmarks relating to supply chain planning / forecasting. - Measure actual performance against goals on regular basis and present results to senior management. - Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. - Directing and Processing WFB, ICRC and other humanitarian organizations orders from quotation to last mile
  • Logistics HeadFull Time

    Arma Group

    May 2014 - Dec 2019 -5 yrs, 7 months

    Egypt , Cairo

    • Job Details:* Update and maintain MRP and ERP system to ensure that inventory is up to date. * Ensure that cycle count system is in place, with accuracy above 98% and conduct variance investigation if necessary. * Ensure 100% of inventory are physical counted on quarterly basis & reconciliation file after variance investigation * Direct supervision, utilizes the functionality of the Transportation Management System to generate planned shipments for inbound and outbound freight within the supply chain network. * Notifies planner when shipment exceptions occur. * Responsible on meeting target dates for all communication reports ‘weekly, monthly, and quarterly”. * Work closely with foreign and local S&OP team to insure FG supply to customer in the right time and with the Standard quality. * Administering all import and export of goods and supervise the delivery of all goods and manage the distribution of all goods to various geographical locations efficiently. * Effective communication and organization with other departments “customer service, sales, production, engineering and finance”. * Managing inbound or outbound logistics operations. * Planning and organizing the work flow in all warehouses of different kinds such as raw materials, work in process, spare parts and final products. * Responsible for designing all processes and procedures of the warehouses department in coordination with Operations, finance, QA and HSE departments. * Setting the required weekly/monthly storing plans, training and guiding the warehouses` staff on them and following up on the execution. * Responsible for the discipline of the documentation cycle across all the warehouses, train the warehouse staff on it, assure the proper execution and issue all the required warehouse reports to the top management. * Negotiate with external vendors to secure advantageous terms * Amend the procurement plan as required according to operational changes in coordination with departments manager * Review the POs, execute procurement plan by quantitative and qualitative criteria in coordination with request party. * Develops appropriate supply chain strategy to maximize customer satisfaction at the lowest possible cost. * Leads the supply chain team in executing best practices and measuring performance through agreed upon Key Performance Indicators (KPIs). * Handle vehicle capacity planning, raising requests for ad-hoc capacity when needed across first mile, last mile and line haul. * Work with on-boarded vendors to resolve all driver related issues faced on the ground
  • Logistics ManagerFull Time

    Global Intertrade

    May 2008 - May 2014 -6 yrs

    Egypt , Cairo

    • Job Details:• Expediting Customs Clearance
  • Education

    • Bachelor's Degree in Accounting

      Helwan University

      Jan 1991 - Jan 1997 - 6 yr

    • High School - Thanaweya Amma

      Amoun Private School

      Jan 1991 

    Achievements

    - Establish the first bounded warehouse outside Damietta port for Global Intertrade - Converting Arma Group Warehouses from Flat tp Racking Sysytem - Establish logistics Dept. at Arma Group - Reducing the logistics cost at %30 within 2 months upon Establishing logistics Dept. at Arma Group

    Skills

    • Logistics
    • Shipping
    • Transportation
    • Fleet Management
    • Supply Chain
    • Import / Export
    • Negotiation
    • Trade Finance
    • Commodity
    • Management
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    Languages

    • English

      Fluent

    Training & Certifications

    • Dry Cargo Chartering

      Bimco·2002
    • Bill of lading

      Bimco·2002
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