Summary
Overview
Work History
Education
Skills
Timeline
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S. Faraz Muzaffar, PE

Sourcing & Catgeory Management
Thousand Oaks,CA

Summary

Dynamic sourcing leader with a proven track record at Pharmavite, driving $3.8M in 2024 savings through strategic negotiations and digital transformation initiatives. Proficient in Ariba and SAP, I excel in building high-performing teams and fostering cross-functional collaboration to achieve organizational goals. Recognized for innovative problem-solving and delivering impactful results.

Overview

17
17
years of professional experience

Work History

Manager, Corporate Strategic Sourcing

Pharmavite
West Hills, California
11.2022 - Current

As Head of Corporate Strategic Sourcing organization covering Marketing, Sales Support, HR, Capex, & IT categories ($350M) responsible for:

Driving Savings & Efficiencies

  • Agency of Record Media Planning & Buying: $556K (12%) savings in rate card negotiations (2024).
  • Agency of Record Creative & Production: $934K (28%) savings in rate card negotiations (2024).
  • Agency of Record Social Media: $171K (9%) savings in rate card negotiations (2024).
  • CAPEX Procurement Future State: 30% more efficient through KAIZEN mapping (2024).

Digital Transformation & Innovation

  • Launch of Contract Lifecycle Management tool with Generative AI capbilities (2023).
  • Softwares for Product Lifecycle Management and Supply Planning (2023 - 2025).

Sustainability

  • Exceeding target of 70% of suppliers enrolled in Ecovadis - YTD July 2025 - 75%.

Building a Talented Organization

  • Defined roles and responsibilities for and hired and onboarded Associate Category Manager for Indirect in 2024 and Category Manager, Capex (2024).

Crossfunctional Alignment

  • Reset ways of working with Marketing and Sales by formalizing Strategic Relationship Management framework with performance metrics while engaging business and Sourcing, developing contract tracker to proactively plan qualification of upcoming renewals, quarterly planning sessions with key stakeholders, and formalizing cost benchmarking for key services.

Sr. Enterprise Sourcing & Optimization Manager

Standard Insurance Company
Portland, Oregon
08.2020 - 11.2022

Strategic Sourcing Engagements & Optimization lead for $350M in spend - 60% IT/40% Professional Services:

Awards & Recognition

  • Developed Sourcing Toolkit with Productivity and Efficiency savings of 208 hours which qualified as Extraordinary Story on World Procurement Congress Procurement Leaders' Festival of Recognition under Resilience and Agility category (10/21). Also recognized internally under Manager Discretionary Award Program (6/21).
  • Peer to Peer Award under category of Contributes to Key Behaviors/Results for Service Mapping RFP (12/21).

Accomplishments

People Management

  • Hired and onboarded team of 2 Sourcing Managers and 1 Analyst and oversaw their training, mentoring, and professional development.

Sr. Associate

Denali Sourcing Services - a WNS Company
Bellevue, Washington
01.2017 - 08.2020

Responsible for developing new operating models that support Denali's clients in their strategic direction of the procurement organization:

Awards & Recognition

  • Recipient of Denali's Certificate of Recognition for Outstanding Demonstration of Denali's Collaboration and Client First values - (2018).
  • Top Denali scorer for Data Accuracy in Ariba and ServiceNow [99.6%] - (2019).
  • Nominated for Executive Leadership Team Service Excellence Award - Albertsons (2020).

Clients

Albertsons Companies (1/2020 thru 8/2020) - Program Manager, Center of Excellence (COE)

Accomplishments

Developed Toolkits for Supplier Management, Contracting, Category Management, Strategic Sourcing & Negotiations (2020).

Established new metrics reporting dashboard for S2C.

T-Mobile (4/2019 thru 3/2020) - Technology Sourcing Manager

Accomplishments

  • Marketing - Industry Market Research: Achieved savings of 18% ($27K) towards as original spend of $150K.
  • HR - Success Predictability Assessment: Achieved 37% savings - $2.75M for a 3 year term (2019).

NetApp, Inc. (2/2017 thru 4/2019) - Global Sourcing Partner Liaison - Indirect Spend

Accomplishments:

  • Source to Contract: Achieved >$4M in savings via competitive bidding and contract negotiations for the following projects:
    IT Tech Support & Software: Palo Alto Firewall Renewal: $85K ($1.1M), Desktop & Regional IT Support $39.5K, TPM Support $804K, Multimedia AV Support $115K, & SAP Modules Renewal $1.3M (2017 - 2019).
  • Logistics: Global Service Logistics: $1.15M (2019).
  • Finance & Business Process Outsourcing: Legal Process Outsourcing: $340K & Ground Transportation: $35K (2017).

Project Manager

Washington Gas
Springfield, Virginia
09.2015 - 06.2016

Responsible for $230M in spend towards 3rd party supply of MRO supplies, & Capital projects as follows:

Source to Pay & Material Management

• Administering sourcing and contracting projects in Distribution and Transmission Integrity Management programs.

• Managing strategic relationship with Integrated Supplier for materials management and logistics and supplier performance management.

Accomplishments
• Renegotiation of $230M Master Service Agreement - savings of $10M, 15% improvement in KPI Management Fee at Risk (2016).

People Management

  • Hired and managed 2 Senior Supply Chain Specialists.

Global Sourcing Manager - Capital Infrastructure & Engineering

Novelis Inc.
Atlanta, Georgia
03.2014 - 07.2015

Responsible for sourcing and category management of $350M in global spend towards Capital EPCM and Infrastructure (greenfield and brownfield) categories:

Accomplishments

  • $100K via competitive bidding and labor rate negotiations towards US manufacturing Facility Expansion & Detailed Engineering) (2015).
  • $711K via competitive bidding and negotiations towards capital equipment purchase for US brownfield project (2014).

Global Strategic Sourcing Manager - Media

Pall Corporation
Port Washington, NY
07.2013 - 03.2014

Responsible for category management and sourcing for $100M direct (chemicals and filtration media) and $25M indirect spend (Facilities Maintenance & Capital Engineering):

Accomplishments

Established and executed Category Strategy for Chemicals and Media ($100M spend) and achieved overall savings of 10%

People Management

  • Hired and onboarded 1 site-specific Strategic Sourcing Manager).

Strategic Sourcing Supervisor – Direct Chemicals & Capital Engineering

Hess Corporation
Woodbridge, NJ
06.2008 - 07.2013

Responsible for P2P and Source to Pay services for $50M Direct Chemical and $100M in Capital Engineering for 2 refineries and 19 terminals:

Accomplishments

  • $2.5M in savings by following best practices in Total Cost of Ownership towards supply of FCC Catalyst (2012).
  • $1M in savings towards caustic soda supply via incorporation of two refineries into one contract (2010).
  • $1M in profits by identifying vendor for Refinery Fixed Assets (Capital Laboratory Equipment) through competitive bidding (2013).
  • Sourcing Strategy - Direct Chemicals ($50M spend) leading to fulfillment of supplier rationalization of 30% and savings of 15% (2009 thru 2012).
    People Management
  • 2 Procurement Analysts for RFQ/RFI administration, supplier risk mitigation administration (IS NETWORLD), and data analytics.

Education

MBA - Open Elective

DePaul University
Chicago, IL

Bachelor of Science - Chemical Engineering

University of Illinois At Chicago
Chicago, IL

Skills

Ariba

Microsoft Office (Powerpoint, Excel, & Word)

ServiceNow

PeopleSoft

JD Edwards

SAP

Tableau

Salesforce

IS Networld

BROWZ

Power BI

ICertis

Workday

Timeline

Manager, Corporate Strategic Sourcing

Pharmavite
11.2022 - Current

Sr. Enterprise Sourcing & Optimization Manager

Standard Insurance Company
08.2020 - 11.2022

Sr. Associate

Denali Sourcing Services - a WNS Company
01.2017 - 08.2020

Project Manager

Washington Gas
09.2015 - 06.2016

Global Sourcing Manager - Capital Infrastructure & Engineering

Novelis Inc.
03.2014 - 07.2015

Global Strategic Sourcing Manager - Media

Pall Corporation
07.2013 - 03.2014

Strategic Sourcing Supervisor – Direct Chemicals & Capital Engineering

Hess Corporation
06.2008 - 07.2013

MBA - Open Elective

DePaul University

Bachelor of Science - Chemical Engineering

University of Illinois At Chicago
S. Faraz Muzaffar, PESourcing & Catgeory Management
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