Revolutionizing Procurement: Insights from Shell's Global Supply Chain Architect

In our latest episode of Procurement Mastermind™, we had the privilege of interviewing Srividhya Vaidyanathan, the Global Head Supply Chain Architecture at Shell. 

Sri provided fascinating insights into the world of procurement and supply chain management, offering valuable perspectives on various strategic initiatives and industry trends.

Here's a sneak peek into what we discussed:

1. Redefining Supply Chain Management: Sri delved into the essence of what supply chain management really is - and is not- highlighting its significance beyond traditional procurement or logistics.

2. Customer-Side Supply Chain Management: Sri's innovative approach to supply chain management involved focusing not just on the supply side, but also engaging directly with customers on the demand side to drive efficiency strategies and streamline demand data and demand requirements.

3. Empowering Procurement: Sri shared her experiences in developing a global supply chain intelligence organization, equipping procurement teams with the tools and insights to compete effectively with sales and secure better deals.

4. Digital Supplier Relationship Management (SRM): Sri elaborated on her award-winning strategies in digital SRM, emphasizing the importance of strategic supplier partnerships and performance management.

5. Supplier Performance Management (SPM) vs. SRM: Sri provided valuable insights into the balance between supplier performance management and relationship management, stressing the significance of both in procurement and supply chain functions.

6. Case Study: Dell Computer: Sri discussed how Dell leveraged SRM to navigate challenges during the pandemic, telling the story of how they used SRM to come out of the pandemic even stronger.  

7. Career Advice: Drawing from her own career journey, Sri offered valuable advice for aspiring procurement and supply chain leaders, highlighting the importance of continuous learning and strategic thinking.

This episode is a must-listen for anyone interested in procurement, supply chain management, or leadership in the field.