{"id":3989,"date":"2014-08-28T10:13:13","date_gmt":"2014-08-28T10:13:13","guid":{"rendered":"https:\/\/www.welingkar.org\/blogs\/?p=3989"},"modified":"2026-02-16T18:42:10","modified_gmt":"2026-02-16T18:42:10","slug":"a-seminar-on-procurement-and-materials-management-at-weschool","status":"publish","type":"post","link":"https:\/\/www.welingkar.org\/blogs\/a-seminar-on-procurement-and-materials-management-at-weschool\/","title":{"rendered":"A seminar on Procurement and Materials Management at WeSchool"},"content":{"rendered":"

Seminar on “Procurement and Materials Management\u201d at WeSchool, Mumbai on 8th<\/sup> August 2014<\/a><\/span><\/strong><\/p>\n

<\/a><\/strong><\/p>\n

<\/a><\/strong><\/p>\n

WeSchool Management Development Center (MDC) and Indian Drug Manufacturers’ Association (IDMA) jointly hosted a 1-day Seminar on “Procurement and Materials Management\u201d on Friday, 8th<\/sup> August 2014 at WeSchool to share ideas and best practices in the functional area from pharma and other industries.\"\"<\/a><\/p>\n

Mr. Daara Patel (Secretary General, IDMA) welcomed the participants and exhorted them as to raise the level and visibility of the procurement and materials management profession such that it finds representation at senior management levels on par with other professions.<\/p>\n

Next Prof. Dr. V. H. Iyer in his keynote address explained how the Indian Pharma \"\"<\/a>industry, is poised to become a world-leader in research, manufacturing and clinical trials of drugs. He also referred to the need for certification for the procurement and materials management professional in the industry.<\/p>\n

\"\"<\/a>The sessions then began with a well researched presentation on \u201cEffective Supply Management strategies, Managing and Mitigating risks in Supply Management\u201d by Mr. R. Sridhar (Sr. VP- Strategic Sourcing Unit, Mahindra & Mahindra Ltd).<\/p>\n

He explained the differences in the challenges faced in India vis-a-vis abroad and cited several illustrative examples. He also shared M&M\u2019s road map of risk mitigation strategies for a resilient supply chain.<\/p>\n

In the next session on \u201cSupplier Management\u201d, Prof. R. Mukundan (erstwhile of Larsen & \"\"<\/a>Toubro and visiting faculty at WeSchool) mentioned the increasing dependence of businesses on their suppliers. He went on to present various methods of supplier performance measurement.<\/p>\n

\"\"<\/a>This was followed by the session on \u201cInnovation and Best Practices in Supply Management\u201d by Mr. Richard Moras (Sr. VP- Supply Chain, Concept Pharmaceuticals) wherein he highlighted several innovative and\u00a0 best practices within and outside the pharma industry that they could learn and adapt from.<\/p>\n

Next, Mr. Marcel Parker (Independent Director and Chief Mentor, IKYA Human Capital Solutions Ltd and visiting faculty at WeSchool) presented an interactive session on \u201cTalent Management and Performance Evaluation\u201d wherein he highlighted the key aspects of managing talent especially in the procurement and materials management function. \u00a0He also shared some important tips for job seekers.<\/p>\n

Thereafter, in the session on \u201cIT in the Supply Chain\u201c, Prof. Dr. P. H. Pendse (Dean- Information Technology & Business Design, \"\"<\/a>WeSchool), explained how IT and e-commerce have revolutionised business. His co-speaker, Ms. Amruta Joshi (Consultant, e-Sourcing and Spend Management Solutions), outlined the advantages of spend and category management and shared some of her experiences on less-focussed categories- such as office supplies, to achieve significant cost savings.<\/p>\n

\"\"<\/a>Mr. Surendra Deodhar (Head – Supply Chain Management Reliance Life Sciences) in his session on Logistics and Distribution in Pharma Supply Chain, detailed the enormous challenges beginning outside the manufacturing facility, India\u2019s airports, railway stations and in transit, while handling life-saving and fragile goods.<\/p>\n

A panel discussion followed next on two contemporary topics (a) Vision Supply\/ Procurement management 2020 and (b) What skills does today\u2019s procurement\/ Materials Management professional need to deliver real value? The discussion was moderated by Prof. Dr. V. H. Iyer (Dean- MDC, WeSchool).<\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Seminar on “Procurement and Materials Management\u201d at WeSchool, Mumbai on 8th August 2014 WeSchool Management Development Center (MDC) and Indian Drug Manufacturers’ Association (IDMA) jointly hosted a 1-day Seminar on “Procurement and Materials Management\u201d on Friday, 8th August 2014 at WeSchool to share ideas and best practices in the functional area from pharma and other […]<\/p>\n","protected":false},"author":1,"featured_media":9085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1401,97],"tags":[],"class_list":["post-3989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-post","category-events-happenings"],"yoast_head":"\nA seminar on Procurement and Materials Management at WeSchool - 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