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Procurement Strategies for EPC Projects
In this webinar, the speakers discuss the various strategies to ensure success in procurement for EPC Projects. Some of the key questions answered during the webinar are:
- Given the complexities of engineering and construction projects, how can organisations effectively handle procurement challenges and mitigate risks such as long lead times, sourcing vendors in new geographies, and managing significant financial risks?
- How crucial is technology in overcoming procurement challenges and transitioning from traditional EPC approaches to a more agile, tech-driven, and competitive environment?
- How leading organisations are integrating green technology into project design and engineering to align with ESG principles?
Speaker 1 – Mainak Chakraborty, CEO of GPS Renewables
Mainak is an IIM Bangalore alumnus and co-founder of GPS Renewables. He has extensive experience in consulting for startups, including a significant role with Stack! Studios in Italy, where he contributed to business plans and financial models. Recognized as one of India’s top innovators under 35 by MIT Technology Review, he also received the title of “The Bioenergy Person of the Year” from Fortuna Media in 2015.
Speaker 2- Prakash Panicker, Head Green Energy Supply Chain- EPC, Larsen & Toubro
With over 30 years of experience in business development and procurement in the construction and machinery industries, Prakash currently manages CAPEX procurement for Larsen & Toubro, achieving record procurement milestones. His extensive career includes leadership roles at Nojoom Al Marwa GenTrade, Suhail Bahwan Automotive Group, and Reliance Power, with expertise spanning sales, marketing, global sourcing, and vendor management
Speaker 3 – Rajesh Reddy, Co-founder, Venwiz
Rajesh, Co-founder and CEO of VenWiz, is an alumnus of Indian School of Business and IIT Madras. With a background in business operations and strategic leadership, Rajesh previously served in key roles at Bounce, Akruta and Capillary Technologies before co-founding VenWiz in 2020 with a vision to address critical challenges in Capex procurement operations and manufacturing projects.
