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First Name: Waqas Latif
E-Mail Address: dukewaqas@hotmail.com
Country: Saudi Arabia
Phone: +966 545919820
Current Job Designation: Procurement Manager
Job Designation Applying For: Procurement Manager, Purchasing Manager, Buyer, Senior Buyer, Category Manager
Total Years of Experience: 17
Copy your Resume / CV in this box: PROFESSIONAL SUMMARY
Results-oriented Procurement & Supply Chain Specialist with over 17 years of experience in optimizing procurement strategies, supplier negotiations, and logistics operations. Proven track record of achieving cost savings, improving supplier performance, and driving operational efficiency across diverse industries. Currently pursuing an MBA in Logistics and Supply Chain Management to enhance leadership and strategic execution.
SKILLS
•Procurement and Category Management •SAP MM
•Supplier Negotiation Profit and Loss Management
•Inventory and Demand Planning •Logistics and Warehouse Management
•Budgeting and Cost Control •Teamwork and Leadership
WORK HISTORY
Procurement Manager | Elbow45, Riyadh| 07/2023 – Present
•Reduced procurement costs by 8% through strategic supplier negotiations and category spend optimization
•Improved profit margins by 9% by introducing market-driven sourcing and supplier diversification
•Developed purchasing strategies and enhanced supplier performance using KPI-driven procurement analytics
•Led supplier contract negotiations, ensuring cost-effective agreements and compliance with quality standards
•Optimized procurement workflows, reducing lead times and improving supply chain visibility
Senior Buyer|SACO-Saudi Company for Hardware, Riyadh| 2016 – 2023
•Achieved 6% annual savings by securing favorable supplier agreements in major procurement categories
•Reduced procurement costs by 7% through supplier renegotiation and onboarding alternative vendors
•Managed supplier relationships, conducted demand forecasting, and optimized procurement strategies
•Attended international trade fairs to source new, innovative products for retail expansion.
Logistics Specialist | SACO-Saudi Company for Hardware, Riyadh,|2013 – 2016
•Managed end-to-end global logistics from Middle East, USA, Asia, and Europe
•Negotiated freight rates, reducing inland shipping costs while ensuring timely deliveries
•Liaised with customs and warehouse teams, minimizing demurrage and detention charges
•Decreased shipping costs by 10% while maintaining high service quality and on-time delivery
•Improved shipment tracking and coordination, ensuring 92% on-time port-to-warehouse movement
Procurement Coordinator | RASTAGAR Engineering, Pakistan | 2012 – 2013
•Managed a 30,000 m² warehouse with 5,000+ inventory items, optimizing stock control and space utilization
•Reduced procurement cycle time by 25% through Just-in-Time (JIT) and Kanban methodologies
•Led vendor negotiations, 3PL & 4PL logistics operations, and contract administration
•Implemented lean inventory principles, cutting excess stock by 10% while maintaining 97% order fulfillment.
Senior Supply Chain Specialist | Top Stone Granite, Pakistan,| 2011-2012
•Managed sales, procurement, warehousing, logistics, ensuring operational excellence
•Optimized inventory control and vendor contracts, reducing procurement costs and improving cash flow
Supply Chain Specialist | KSB Pumps Co Ltd, Pakistan,| 2006-2010
•Managed end-to-end supply chain operations, achieving a 5% reduction in stockholding costs through improved demand planning and category management
•Developed and implemented a supplier performance scorecard, leading to a 7% increase in on-time deliveries
•Renegotiated contracts with major suppliers, reducing procurement costs and enhancing supplier compliance
•Implemented logistics tracking systems, cutting transportation costs by 8% and reducing shipment lead times
EDUCATION
B.Com|2001 - 2003 | University of the Punjab, Pakistan
MBA in Supply Chain Management (SCM) | Expected Completion: January 2026 | European International University, Paris
CERTIFICATIONS
Certified Purchasing & Procurement Manager (CPPM)
Issued by: American Institute of Business and Management (AIBM), USA
Key Areas: Procurement strategy, cost optimization, supplier management.
Strategic Sourcing
Issued by: Rutgers University, USA
Key Areas: Supplier evaluation, cost analysis, risk management.
Procurement Negotiations
Issued by: Rutgers University, USA
Key Areas: Advanced supplier negotiation, contract structuring, deal-making.
Supplier Management
Issued by: Rutgers University, USA
Key Areas: Supplier performance tracking, risk assessment, contract compliance.
Strategic Procurement and Sourcing Conclusions
Issued by: Rutgers University, USA
Key Areas: Procurement decision-making, sourcing efficiency, procurement analytics.
Supply Market Analysis
Issued by: Rutgers University, USA
Key Areas: Market trends evaluation, supplier benchmarking, competitive analysis
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