Waleed AlBahnasi

PIF Portfolio Co. (Supplier Develpment Program)

• Conducted demand analysis to align procurement strategy with business needs, optimizing a 3.088 billion SAR budget.
• Developed supplier development strategic objectives and enablers to enhance supply chain resilience.
• Identified and prioritized high-impact spending categories, driving cost optimization and efficiency.
• Designed and implemented the supplier selection criteria to ensure sourcing from competitive and high-quality vendors.
• Developed a structured supplier engagement model, fostering long-term supplier relationships and collaboration.
• Designed the supplier development process model and established a RACI matrix, clarifying procurement roles and responsibilities.
• Created a performance monitoring framework and scorecard to track supplier KPIs and ensure continuous improvement.
• Developed a supplier grading framework, enabling better segmentation and targeted development programs.
• Led the supplier development strategy, ensuring alignment with procurement objectives and business growth.

Oil & Gas Sector (Accounting Procedure Improvement):

• Designed comprehensive desktop procedure manuals, providing step-by-step instructions and best practices to ensure consistency, clarity, and ease of use for employees.

Oil & Gas Sector (OPEX Improvement):

• Conducted comprehensive spend analysis, evaluating procurement data from multiple sources to identify savings opportunities.
• Developed a customized spend categorization methodology to accurately classify and segment expenditures, improving spending visibility.
• Performed in-depth supplier analysis, assessing supplier performance, identifying cost-saving opportunities, and negotiating favorable contracts.
• Created detailed spend reports and visualizations, presenting findings and recommendations to senior management, driving cost reduction strategies.
• Identified process improvements to enhance spend analysis methodologies, increasing accuracy and efficiency in future assessments.

Public Sector Entity:

• Conducted a thorough assessment of logistics and warehousing operations to identify strengths, weaknesses, and improvement areas.
• Developed tailored strategies to optimize logistics and warehousing processes, considering sector-specific requirements and constraints.
• Assisted in the design and implementation of efficient warehouse layouts, inventory management systems, and logistics workflows to enhance operational efficiency and cost reduction.
• Provided training and knowledge transfer sessions to equip staff with logistics and warehousing management expertise.

Public Sector Entity:

• Conducted procurement assessments, identifying areas for improvement and recommending solutions in line with industry best practices.
• Established procurement policies, procedures, and service level agreements (SLAs) to enhance contract management and define the contracting cycle.
• Designed and implemented custom dashboards, templates, and reports tailored to the needs of the procurement and contracts department.
• Developed a comprehensive tendering manual, outlining document requirements for requesting departments and conducting knowledge transfer workshops.

Public Sector Entity:

• Contributed to mapping 6,000 products by researching manufacturing processes and analyzing value chains to support the development of a tailored software solution.

• Conducted research to find different methodologies to separate water from crude oil.
• Re-evaluated three phase separators to ensure compliance with company standards due to forecasted crude flow rates over the upcoming 25 years.
• Managed to reduce 100 MMSCF of gas production with minimum reduction in production of crude oil as per Test & Inspection request.
• Conducted high level studies on process flow diagrams to establish future plant operations.
• Conducted safety presentation on journey management procedures as per company policy.