Sultan Faras

A result driven, hardworking and capable Procurement Specialist with a track record of significantly reducing costs and also improving a company’s processes and corporate purchasing programs.

Purchaser at Paris Group LLC - Dubai
Nov 2021 - Jan 2022
• Research potential vendors.
• Compare and evaluate offers from suppliers.
• Negotiate contract terms of agreement and pricing.
• Track orders and ensure timely delivery.
• Review quality of purchased products.
• Maintain all records in ERP system.
• Maintain updated records of purchased products, delivery information and invoices.
• Prepare reports on purchases, including cost analyses.
• Monitor stock levels and place orders as needed.
• Coordinate with warehouse staff to ensure proper storage.

+6 years | Purchase coordinator at a unit of VPS Group | KEITA Catering LLC - Dubai Hospital (Dubai Hospital Authority- DHA)
Nov 2015 - Nov 2021
• Screen the new vendors and subcontractors with proper evaluation and investigation.
• Visiting to supplier plants and distribution centers to validate the quality of the products or services.
• Analyzing the price proposals and financial reports for best price negotiations.
• Estimate and establish cost parameters and budgets for purchases.
• Set Policies and guidelines for delivering commercial and cost effective.
• Monitor, evaluate and improve supplier performance, according to an appropriate service level agreement, on a continuous basis.
• Control and monitor expenses against approved budgets.
• Develop sourcing strategies.
• Payment term negotiation, optimization and management.
• Keep daily record, and annual asset stock take.
• Receive Inspect and distribute orders.
• Reconcile or resolve order discrepancies with supplies.
• Initiate and keep track of orders.
• Maintain good relationships with vendors and negotiate prices on a regular basis.
• Responsible for order placement timing, supply / demand alignment, material replenishment and supplier performance.
• Work with internal stakeholders to determine procurement needs, quality and delivery requirements.

Educational qualification: • Bachelors of Business Administration (BBA) 2014 Karnataka University Dharwad (KUD).