The world of procurement is constantly evolving. As we move into the new year, this edition of SpendBytes
explores key procurement trends we witnessed this year and their relevance, how organizations can develop
best-in-class Supplier Market Intelligence (SMI) and how artificial intelligence could change the way procurement
We hope you enjoy reading!
Procurement is undergoing a major transformation. Learn the game-changing events and trends that Procurement
witnessed this year and their relevance.
The prominence of Supplier Market Intelligence (SMI) has grown steadily over the years. Learn the key considerations
and recommendations for developing a best-in-class SMI.
Negotiation is a highly valued skill for procurement professional as it delivers the most critical outcome
- Savings. Learn how advancements in Artificial Intelligence could change the way procurements team negotiate
in the near future.
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Sreenivasan specializes in Spend Data Management and Master Data Management. He supports multiple industry verticals
and domains to assist our clients with their spend data, master data challenges and initiatives. He has an overall
experience of 24 years with nine years in manufacturing and fifteen years in the ITES industry. He has completed
his B.Tech in Electrical & Electronics Engineering and PGDBM - Operations from Symbiosis Pune. He has also
completed his CPSM certification from the ISM - Institute of Supply Management USA.
He currently manages multiple spend management and master data management projects of various clients. Some of his
recent accomplishments include developing a custom Telecom industry taxonomy for spend Analysis for a leading telecom
major. As part of master data support initiatives, he has worked with more than 4 million material master volume
of data and achieved a clean and sustainable master data across various organizations, by standardizing the data
structure and eliminating duplicates.
Prior to working with Infosys, he was employed with a leading software company developing products for spend analysis
and opportunity identification and master data cleansing as well as maintenance projects. He started his career
as a maintenance engineer in the construction industry and moved to auto ancillary manufacturing (Tyre Industry)
and worked there for almost a decade.