Procurement Assistant YFH Lifecare
• Revamped procurement with diverse sourcing, discovering new suppliers and negotiating contracts, resulting in $130k
in savings
• Created a Should Cost Model for the outsourcing 400K units of sanitary pads, resulting in a cost saving of $43,000
• Managed procurement operations (Supplier evaluation, negotiation, Price estimation) of sanitary pads, diapers, and
menstrual cups - to the tune of $3 Million per year
• Analyzed inventory, optimized purchase orders, and implemented efficient shipment processes, achieving a 2% cost
reduction by aligning with Economic Order Quantity estimates, and proactive inventory level management
• Cut product costs by 4% with streamlined RFI (Request For Information) / RFQ (Request For Quotation) processes
• Introduced a future-focused RFP (Request For Proposal) system based on demand forecasts for stronger contracts
• Integrated Vendor Managed Inventory (VMI) model with the supplier, reduced inventory holding cost by 7%