
Karim Mohamed Abdalla Elsarha
Procurement and Inventory Control Section Head at Suez Canal Economic Zone (SCzone)
New Cairo, Cairo, EgyptWork Experience
Procurement and Inventory Control ManagerFull Time
Suez Canal Economic Zone (SCZONE)
Jan 2025 - Present -5 months
Egypt , Cairo
- Job Details: Strategic Procurement Leadership - Directed the procurement department to establish and execute comprehensive procurement strategies, ensuring alignment with organizational goals. - Collaborate with internal stakeholders, including operations, finance, legal, and project teams, to ensure alignment of procurement activities with business needs. - Oversaw procurement operations, streamlining processes for enhanced efficiency and compliance with legal, regulatory, and corporate governance standards. - Championed cost-saving initiatives, significantly reducing procurement expenses without sacrificing quality or service excellence. - Ensured adherence to international contract standards, including FIDIC and USAID procurement policies, within contract management and tender processes. - Directed the tendering lifecycle, from bid preparation to final submission, ensuring comprehensive documentation and timely delivery. - Managed full contracts' process life cycle from review and issuing to contract renewal. - Negotiated high-value contracts with vendors, achieving optimal value, superior quality, and reliable delivery schedules. - Developed cross-departmental collaboration frameworks with finance, legal, and project teams to support strategic procurement initiatives. Advanced Inventory Management - Spearheaded the implementation of modern inventory management systems to optimize stock levels, prevent shortages, and reduce excess inventory. - Established and enforced advanced inventory control policies, achieving 100% data accuracy through systematic audits and cycle counts. - Enhanced warehouse operations by introducing streamlined logistics and distribution processes, fostering operational efficiency. - Designed protocols for handling damaged goods and surplus inventory, minimizing losses and maximizing resource utilization. - Conducted comprehensive market research to anticipate trends and position inventory practices to meet evolving demands. Leadership and Departmental Development - Led and mentored a multidisciplinary team to ensure the continuous development of procurement and inventory control expertise. - Implemented performance evaluation metrics to enhance team accountability and productivity. - Represented SCZONE in high-level discussions, fostering partnerships and advancing the organization’s strategic objectives.
Procurement and Inventory Control Section HeadFull Time
Suez Canal Economic Zone (SCzone)
Jun 2016 - Present -9 yrs
Egypt , Cairo
- Job Details:- Ensure that all procurement activities comply with legal, regulatory, and corporate governance requirements. - Implement cost-saving initiatives that reduce procurement expenses without compromising quality or service levels. - Monitored all steps of the procurement process, “Request for Quotations (RFQ), Invitation to Bids (ITB), and Requests for Proposals (RFP) documents”. - Prepared bid terms and specifications with the participation of team members. - Managed negotiations with vendors for the best regarding money value, quality standards, and timely deliveries. - Analyzed supplier quotes and proposals by performing in-depth evaluations of pricing, delivery terms, and service offerings. - Working closely with the finance department to prepare accurate cost estimates and budgets for tender submissions. - Conducting market research to identify opportunities and trends, ensuring bids align with current market conditions. - Developed and improved inventory control policies to prevent stockouts and maintain favorable stock levels. - Oversee the day-to-day activities within the warehouse, ensuring smooth and efficient operations across inventory control, distribution, and logistics. - Implement and maintain inventory management systems to optimize stock levels, prevent shortages, and reduce excess inventory, using best practices in warehouse management.
Senior Cost AccountantFull Time
RED SEA PORTS AUTHORITY
May 2012 - May 2016 -4 yrs
Egypt , Suez
- Job Details:- Analyze financial information and prepare financial reports to determine or maintain a record of assets, liabilities, profit, loss, or other financial activities within an organization. - Accumulate and analysis of cost information for internal use to aid management in planning, control, and decision making. - Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. - Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice. - Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
Cost AccountantFull Time
RED SEA PORTS AUTHORITY
May 2008 - May 2012 -4 yrs
Egypt , Suez
- Job Details:- Collecting and analyzing data about a company’s operational costs. - Analyze any changes in goods or services provided to determine what effect it has on the cost. - Provide management with reports that specify and compare factors that affect prices and profitability of products or services. - Prepare and complete internal cost audits. - Prepare the company’s accounting books Income Statement and balance sheet.
Education
Bachelor of commerce in Accountant
Suez UniversityJan 2014 - Jan 2016 - 2 yr
College Diploma in commerce,
Suez Institute of Administrative Information SystemsJan 2004 - Jan 2006 - 2 yr
High School - Thanaweya Amma
Suez Military High SchoolJan 2004
Achievements
* Procurement & Cost Savings: I successfully led procurement initiatives for SCZONE, securing contracts totaling 80,653,084 EGP. Through strategic negotiations, I achieved significant cost savings of 64% on direct orders and 38% through competitive tenders, showcasing my strong sourcing and negotiation skills. * Supply Chain Efficiency: I effectively managed the issuance of 170 purchase orders, ensuring the timely and cost-effective delivery of materials and services to support ongoing projects and operations. My efforts played a critical role in maintaining uninterrupted operations and minimizing delays. * Contract Management: I took a lead role in preparing and managing 50 contracts, ensuring full compliance with legal requirements, thorough documentation, and alignment with project objectives. This contributed to successfully executing various initiatives, ensuring deadlines and quality standards were met. * Supplier & Vendor Expansion: I managed the registration of 420 new supplier
Skills
- Financial Accounting
- Negotiation
- Problem Solving
- Time Management
- Communication skills
- negotiation skills
- Procurement
- Government Procurement
- Logistics
- ERP System
Languages
English
Advanced