ПАНЕЛЬ 3

Procurement is no longer measured only by how much cost it saves. Today, leading procurement functions are expected to contribute to enterprise value, resilience, innovation, sustainability, working capital, risk management, and long-term business performance. In Plenary Panel 3 of the 11th Annual ISM-INDIA Conference & Awards 2026, senior industry leaders discuss: “How Do We Move Beyond Lowest Cost to Enterprise Value?” The discussion explores how procurement can shift from a traditional price and savings mindset toward a broader value-creation model—balancing commercial outcomes with Total Cost of Ownership, supplier capability, business continuity, innovation, sustainability, and strategic business priorities. Moderator: Mr. Umesh Malik, Vice President – RIL (P&C Academy) Panelists: Mr. Santosh Shukla, COO – IFFCO MC Crop Science Pvt. Ltd. Mr. Suresh Shinde, Group Chief Procurement Officer – Adani Group Mr. Amit Sethi, Associate Director – KPMG India Mr. Sundaresan M R, Head – Procurement & Sustainability – Nissan Digital India LLP Key themes discussed: • Moving beyond purchase price and traditional cost savings • Total Cost of Ownership and business outcomes • Balancing cost, quality, risk and resilience • Procurement's contribution to working capital and enterprise performance • Supplier partnerships and innovation • Integrating sustainability into value creation • Measuring procurement through enterprise-impact KPIs • Positioning procurement as a strategic business partner This panel offers practical perspectives on how procurement leaders can redefine “best value” and demonstrate a stronger contribution to overall organisational performance. Event: 11th Annual ISM-INDIA Conference & Awards 2026 Theme: NextGen Procurement & Supply Chain – Creating Enterprise Value through Intelligence, Sustainability & Resilience #ISMINDIA #Procurement #StrategicProcurement #EnterpriseValue #ValueCreation #TotalCostOfOwnership #TCO #SupplyChain #ProcurementLeadership #SupplierManagement #Sustainability #SupplyChainResilience #StrategicSourcing #NextGenProcurement #ISMINDIAConference2026