Geoffrey Thairu, CISCP
Supply Chain Demand Planner at BIDCORO Africa Ltd.- Claim this Profile
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Bio
Credentials
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Certified International Supply Chain Professional
The International Purchasing and Supply Chain Management InstituteJun, 2020- Nov, 2024
Experience
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BIDCORO Africa Ltd.
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Kenya
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Manufacturing
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1 - 100 Employee
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Supply Chain Demand Planner
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Apr 2022 - Present
Collaborated with the finance team to establish appropriate levels for safety stock and reorder stock, resulting in an optimal balance that prevents stockouts while keeping safety stock at an appropriate level. Through meetings with sales reps and relevant departments, we successfully lowered the finished goods inventory to manageable levels by setting and achieving challenging targets to avoid obsolescence. This resulted in a cost savings of KES 9M worth of goods that would have otherwise gone to waste. To reduce costs in our supply chain, I proposed a new approach where we nominate agents to handle our import logistics instead of relying on suppliers to find shipping lines for us. By analyzing our costs, we identified freight costs as a major expense, and this change has led to savings of up to 50% in some cases for shipping costs in 2023. During 2022, I successfully lowered the costs of holding raw and packaging material inventory by 20% by organizing weekly meetings with the relevant departments (warehousing and finance team). We identified the critical stocks that could potentially harm the business and the non-critical ones. We then reduced the safety stocks of the less critical materials to an optimal level and maintained the critical stocks at an appropriate level, considering their market prices. By working together with the finance team, we evaluated the costs related to utility expenses, production waste, and CIP process costs to determine the number of production runs that would decrease the cost of production. After our analysis, I suggested to the sales representatives to boost their sales by encouraging customers to place more orders while benchmarking the sales against the effective production run output. This strategy resulted in a reduction of production costs and an increase in sales margins by 5%. Show less
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Meliá Hotels International
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Spain
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Hospitality
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700 & Above Employee
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Purchasing Assistant and cost controller
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Jan 2020 - May 2022
Monitor business trends and product availability to pay the best price for company goods and services without sacrificing quality or delivery times. Prepare Purchase Orders and disburse them to the relevant suppliers for delivery. Evaluate prospective suppliers with the help of other departmental heads, before signing them up to ensure they meet the organization’s needs and maintain good relations with them. Prepare monthly reports on overall costs of transportation and turnaround time for management. Resolve arising problems or complaints within the logistics function. Negotiate for better and improved new and old contracts after checking the supplier KPIs. Check and verify voids in the POS Preparing Food and beverage flash reports and sending them to HODs for their reference to help control costs. Study weaknesses in the F&B processes and suggestions on ways to improve. Coordinated menu engineering by ensuring that all menus have a recipe and cost. Key Achievements I achieved a 9% reduction in the company's purchasing costs during the first year by negotiating better prices on existing contracts. I successfully eliminated a backlog of payments to critical suppliers that had been pending for 7 months. By doing so, I was able to rebuild trust with these suppliers and negotiate for better procurement lead times, as they were now confident in our ability to pay on time. I managed to mitigate company risks by 5% through the outsourcing of labor-intensive services. This allowed us to streamline our operations, reduce costs, and focus on core business activities while ensuring that risks were minimized. Show less
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Pullman Dubai Jumeirah Lakes Towers
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United Arab Emirates
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Hospitality
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1 - 100 Employee
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storekeeper
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Feb 2016 - Jan 2020
this is my current designation and some of my main roles include, - maintaining the overall image of the store - receiving of all the incoming inventories - inspection of all the items received and ensuring they in the correct order - ensuring all the items in the store are stored correctly can be easily identified - ensuring all the stock are well accounted for without any deficits. - taking of stock to determine the closing stock for the month end and opening stock for the new month Show less
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Education
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Blue Ocean Management Training
Certified international supply chain professional, Logistics, Materials, and Supply Chain Management -
Kenyatta University
bachelor's hospitality &tourism management, hospitality management -
utumishi boys academy