SupplyChain Magazine July 2019 | Page 130

BARCLAYS BANK MAURITIUS

Barclays Bank Mauritius is undergoing a significant supply chain transformation . Vinay Bachoonum , Head of Strategic Sourcing at Barclays Bank Mauritius , tells us how …

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T here is a significant need to rethink the way in which procurement engages with the supply chain , particularly in the African banking sector . As financial organisations take a greater look at the products they procure , their source of origin and the difference they can provide to customers , technology is also playing a leading role in enabling the procurement and supply chain to become better aligned and support businesses more effectively .

“ Procurement should not be looked at in isolation , especially with technology taking the lead . This way of thinking in procurement has helped me to really make a difference instead of being in the back seat ,” states Vinay Bachoonum , Head of Strategic Sourcing at Barclays Bank Mauritius . “ The right procurement specialists and expertise is increasingly vital . As a procurement specialist on the island I have been active in making sure that we really make a difference . In this challenging environment we have technologies taking over exponentially .”
Noting that procurement has previously gained
JULY 2019