Ep. 19 | How Procurement Protects the Bottom Line

Procurement has a direct impact on an organisation’s financial performance, but its contribution extends far beyond negotiating lower prices.For finance leaders, effective procurement can help control costs, reduce operational and supplier risk, strengthen governance and protect profitability.In this episode, Mahbub Chowdhury FCIPS, Senior VP & Head of Procurement at City Bank PLC, explores how more than 31 years in procurement and supply chain have shaped his approach to cost, efficiency and risk.Beginning his career with a finance and accounting background, Mahbub first moved into procurement while working across cost management, budgeting and inventory control. He quickly saw the connection between procurement decisions and the bottom line.Today, that financial perspective remains central to his approach.