Catalysts of Change: How Strategic Procurement Transforms Business | CUBE Conversation

In a CUBE Conversation, Shelly Kramer, managing director and principal analyst at theCUBE Research, talks to Pratik Patel, director of category management, labor, at Mastercard International, and Barath Narayanan, global head of the BFSI Unit and head of the Europe region at Persistent Systems, about how strategic procurement can transform businesses.
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Patel shares his career journey influenced by his grandfather's educational initiatives and emphasizes adaptability and boldness. Narayanan recounts his global experiences and stresses continuous learning and cultural understanding.
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They outline procurement's role as a strategic enabler, especially as an influencer, process expert and risk manager, with Narayanan emphasizing value creation and technology's role. Success stories include improving legal workflows and leveraging AI, highlighting the importance of transparency and collaboration for achieving business objectives.
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