Episode 9 - Beyond Cost Savings: How Procurement drives business value

My name is Maninder Singh and I am a Supply Chain Professional with 10 years of experience in the Automotive, EPC, Manufacturing Services, and FMCG industries. In this insightful conversation, join us as we delve into the world of procurement with the renowned "Procurement Doctor," Mr. Karthik Rama. With over two decades of experience, Karthik brings a wealth of knowledge, offering a holistic perspective on how procurement goes beyond cost savings to drive substantial business value.00:01:50 - Guest Introduction 00:03:50 - Story Behind "Procurement Doctor" 0:08:38 - Evolving Role of Procurement 00:18:30 - Key Strategies for Value Creation 00:26:57 - Challenges and Solutions 00:42:35 - Measuring and Communicating Value 00:53:50 - Procurement as a Cost Savings Function 01:03:30 - Skills RequiredIf you're a supply chain professional with aspirations to elevate your career or simply seeking a deeper understanding of the contemporary challenges in the supply chain industry, this podcast episode is tailor-made for you. We offer concrete insights, real-world experiences, and actionable advice that you can implement immediately in your career.Thank you for being part of our growing community and for your continued support in our mission to decode the secrets of the supply chain world.