FANNIE MAE
We speak to Rajeev Karmacharya , Managing Director , Strategic Sourcing and Category Management , on how he aligns procurement with business at Fannie Mae …
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A number of companies struggle to establish the bridge between their business aspirations and priorities and the procurement space . However , procurement is undergoing a sea of change at the moment with many businesses no longer viewing this service as merely a back-end function . Rajeev Karmacharya , Managing Director , Strategic Sourcing and Category Management at Fannie Mae , sees his role in procurement as much more business facing .
“ A lot of times procurement organizations tend to be too focused on the cost ,” he explains . “ However , that ’ s often not what the businesses are really looking for . Obviously everyone wants to be competitive with price , but there ’ s more to be had from procurement .”
Karmacharya has over two decades of experience in procurement , supply chain and technology roles and has seen the procurement function evolve over time . He worked as a management consultant for over 12 years , including as a Principal for AT Kearney , a global management consulting firm . He consulted for a number of leading Fortune 500 firms where he often worked just as closely with the CIO as the CFO . “ I really got to see how
JANUARY 2019