NTT Global Sourcing: The Power of One
Arvind Kumar, Global VP of Indirects at NTT Global Sourcing, on partner ecosystems and how a novel approach to indirect sourcing delivers true value.
This process of upscaling and reshaping legacy systems is also evident in Kumar’s approach to indirect sourcing. Traditionally, procurement is a one-way process of assessing and negotiating terms with a vendor to supply a product or service. Kumar’s model upended this linear structure, instead creating an ecosystem of partners with an economy of shared capabilities, ideas and revenue generation opportunities.
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“NTT has created a meeting platform which allows everybody to work together seamlessly.”
Arvind Kumar, Global VP of Indirects
NTT Global Sourcing
https://www.procurementmag.com/magazine/march-2021