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“ All in all , we ’ ve been utilizing technology solutions to a great extent . People , skill and capability development , while having streamlined , automated processes are enabling faster decisions ,” he says .
EPC ’ s technological focus has even extended to towards its supply relationship management ( SRM ). Developing sophisticated criteria around segmenting its supply base to gain a greater understanding of its strategic suppliers , as well as ones which are critical to the business , EPC has issued scorecards to measure supplier performance , drive collaboration and improve the overall performance and relationship with its key partners .
EPC Procurement is also playing a critical role in adding value to EPC ’ s corporate social responsibility ( CSR ) and sustainability priorities .
“ We have a pretty strong supplier code of conduct but we have also developed a sustainable sourcing policy , where we ’ ve made sustainability and corporate social responsibility key factors in determining our supplier selection and onboarding criteria ,” says Mehta . “ We do evaluations of our key suppliers based on their commitment to their people , their
MARCH 2019