Abdul B. Akande
Missouri City
Summary
Detail and goal oriented supply chain professional with over 15 years of experience and a track record of efficiently managing sourcing, procurement, and inventory operations.
Overview
17
17
years of professional experience
1
1
Certification
Work History
Category Manager - Commodities
Hexion
Houston
01.2022 - 06.2025
- Negotiated and managed master supplier agreements with commodity suppliers providing materials such as urea, methanol, and phenol with a combined annual spend of $50MM
- Consistently drove down total cost of ownership and COGs through various strategies such as price reductions, spend consolidation, diversification, maverick spend elimination, and rebates, achieving $5MM on average in cost savings annually
- Managed 5 warehouses located across the US used for storing inventory valued at $30MM
- Conducted periodic supplier reviews for leverage and strategic suppliers, reviewing scorecards, market trends, and pending contractual issues
- Contributed to monthly sales and operations planning (S&OP) meetings by providing updates on raw materials to cross functional stakeholders and ensuring alignment between the supply of raw materials and demand
- Assisted in creating Power BI dashboard to help track supplier performance, leading to the improvement in KPIs such as OTIF, lead time, payment term compliance, and contract pricing compliance
- Co-chaired Hexion’s Black employee BRG, drafting annual blueprints and leading the BRG’s community events
- Served as mentor to the college student scholars Hexion provided scholarships to through the FOSSI program
Distribution Manager – Oilfield Division
Hexion
Houston
05.2018 - 01.2022
- Managed the annual distribution of 500MM lbs. of hydraulic fracturing proppant to transloads located in Texas, Oklahoma, and Canada
- Consolidated trucking carriers used in hauling shipments to transloads and well sites, resulting in on average annual savings of $500K
- Managed trucking carriers and rail operations, including optimizing leased rail car fleet size
- Managed transloads used for the storage of hydraulic fracturing proppants (flat storage, silo storage, and railcar storage)
Buyer/Scheduler – Oilfield & Formaldehyde Divisions
Hexion
Houston
08.2014 - 05.2018
- Scheduled the production of resin coated proppants and specialty resins, constituting an annual sales value of $100MM
- Managed the procurement of raw materials such as frac sand and various chemicals with a combined annual spend of $25MM
- Placed POs for materials managed outside of MRP
- Managed the packaging and tolling operations for the chemicals sold by the Oilfield business
NAM Specialty Chemicals & Proppant Planner – Well Stimulation Division
Schlumberger
Sugar Land
08.2012 - 05.2014
- Coordinated the supply of chemicals - including fiber and guar - valued at $5B in annual spend to field locations
- Coordinated the supply of proppants - raw sand, resin coated sand, and ceramics - valued at $1B in annual spend to field locations
- Managed the Centralized NAM Warehouse, which stored $100MM worth of inventory, and performed physical counts
- Reviewed business demand with Segment Managers and prepared the corresponding forecasts for required materials
Mid-Continent Procurement Manager
Schlumberger
Oklahoma City
02.2011 - 08.2012
- Oversaw procure to pay process for field locations located in Arkansas, North Texas, and Oklahoma
- Assisted with the implementation of company-wide projects at field locations under my purview such as the roll out of new company p-cards, the integration of Procurement groups of newly acquired companies, and the AP department BPO project
- Periodically updated company’s Buy to Pay Matrix (document prescribing proper payment method per transaction type)
- Approved the addition of new suppliers
Southeast Basin Lead Buyer
Schlumberger
Shreveport
04.2010 - 02.2011
- Created purchase orders - 1,000 PO lines and $50MM in annual spend - and ensured orders adhered to company policies
- Sourced needed new suppliers for materials with an annual spend of $50K or less, resulting in annual savings of $100K
- Tracked supplier non-conformance incidents and worked with suppliers to formulate action plans
- Identified and recommended cost saving opportunities to the centralized procurement team, e.g. supplier consolidation, supplier or product substitution, intercompany product transfers, etc.
NAM Sourcing Specialist
Schlumberger
Sugar Land
04.2008 - 04.2010
- Managed suppliers - providing materials/services such as dry bulk trailers, wireline grease, forklifts, welding/machining, and offshore wire rope slings - with annual spend ranging between $100K and $3MM and a combined annual spend of $10MM
- Negotiated supplier contracts, resulting on average in $500K in annual savings
- Prepared RFPs and analyzed responses based on key factors such as capacity, lead times, quality, and total cost of ownership
- Performed spend analysis and devised strategies for supplier consolidation, cost reduction, and process improvements
Education
Bachelor of Business Administration - Finance
C. T. Bauer College of Business, University of Houston
Houston, Texas12.2007
Skills
- Benchmarking
- Category Management
- Data Analytics
- Market Analysis
- Negotiations
- Procurement
- Spend Management
- Strategic Sourcing
- Supply Chain Risk Management
- Supplier Relationship Management (SRM)
Certification
Certified Supply Chain Professional (CSCP)
Languages
- English, native
- Yoruba, native
- Spanish, beginner
Professional And Personal Associations
- Association for Supply Chain Management, member, 08/01/24
- Society of Petroleum Engineers, member, 02/01/11
- Houston Food Bank, volunteer, 01/01/23
- HTX Soccer, volunteer, 01/01/25
Languages
English
Native/ Bilingual
Yoruba
Native/ Bilingual
Spanish
Elementary
Timeline
Category Manager - Commodities
Hexion
01.2022 - 06.2025
Distribution Manager – Oilfield Division
Hexion
05.2018 - 01.2022
Buyer/Scheduler – Oilfield & Formaldehyde Divisions
Hexion
08.2014 - 05.2018
NAM Specialty Chemicals & Proppant Planner – Well Stimulation Division
Schlumberger
08.2012 - 05.2014
Mid-Continent Procurement Manager
Schlumberger
02.2011 - 08.2012
Southeast Basin Lead Buyer
Schlumberger
04.2010 - 02.2011
NAM Sourcing Specialist
Schlumberger
04.2008 - 04.2010
Bachelor of Business Administration - Finance
C. T. Bauer College of Business, University of Houston
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