Champion for Diversity & Inclusion 2024

Champion for Diversity & Inclusion 2024

Date:  23rd October

Organizer: ISCM 

About the event: Moglix has been recognized as a Champion for Diversity & Inclusion 2024 by the Institute of Supply Chain Management (ISCM)!  
 
At Moglix, we’re committed to cultivating an environment where diversity sparks innovation and inclusion builds resilience. This recognition strengthens our resolve to create a workplace where everyone feels valued, empowered, and inspired.  

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Voice of Procurement: Analysis and Insights on Supply Chain Strategy for 2024

Voice of Procurement: Analysis and Insights on Supply Chain Strategy for 2024

Decoding the Shift Towards Lean Procurement in 2024 

What’s Unique About Volume 2 of Voice of Procurement? 

The key takeaway emerging from volume 2 of the whitepaper is that lean procurement is the point at which continuous cost optimization meets continuous improvement.  

Continuous cost optimization across fortnights, months, financial quarters, and financial years can be achieved by fulfilling two necessary conditions: 

  1. The right data governance to identify gaps between the current and future states of value stream maps .
  2. A digital supply chain skeleton that can enable agile feedback loops for procurement teams to set sail on the path of continuous improvement or kaizen through progressive PDCA cycles

What’s Included in Volume 2 of the Voice of Procurement? 

Volume 2 of the Voice of Procurement brings 7 insights that tell how CXOs in procurement are responding to 7 critical questions in 2024 Vs 2023. 

Each such chapter contains:  

✅ a chapter summary capturing the trend 

✅ takeaways for CXOs on procurement & supply chain 

✅ user recommendations for procurement leaders and their teams 

✅ actionable frameworks for CXOs in procurement to get started on continuous improvement 

From Continuous Improvement to Continuous Cost Optimization: The Rise of Lean Procurement 

From work in process, inventory levels, and time to costs, the science of doing more with less is catching up with the community of procurement leaders and practicing supply chain managers is like never before.  

The job of engineers is to make a product or to build an infrastructure project. It is the job of the procurement people to enable its make or build at the optimum cost.  

But continuous cost optimization across months, financial quarters, and financial years calls for more than just negotiating with suppliers for the best price discovery. It calls for lean procurement.

Thoughts on Research Behind the Whitepaper 

The second edition of our survey in 2024 featured 130 respondents from a diverse cross section of industry verticals in the manufacturing sector and featured the same set of 7 questions that we had asked last year to assess the shift in perspectives of the procurement community.  

At the end of the data collection and analysis exercise, we have got 7 takeaways, analysis and insights on questions ranging from a holistic view of the supply chain, ESG compliance, digital procurement & supply chain transformation and procurement outsourcing. 

To access this whitepaper and all the latest research on procurement, become a client.  

Every day, CPOs and their teams from 2000+ manufacturing enterprises across the U.S, Mexico, the U.A.E, Singapore, and India plug into Moglix Business’s procure-to-pay operating system to continuously improve their performance. Get in touch with a Moglix Business procurement expert to know you can get started on the path to continuous cost improvement. 

Voice of Procurement: Analysis and Insights on Supply Chain Strategy for 2023

Voice of Procurement: Analysis and Insights on Supply Chain Strategy for 2023

Insights on Supply Chain Strategy and Procurement Digitization for Indian Manufacturing in 2023 

About the Release of the Whitepaper 

2023 holds significance for the Indian manufacturing sector and the Indian economy for multiple reasons. 2023 marks India’s Presidency of the G20, begins the countdown on our pledges on net zero emissions at COP26 and COP27 by 2070, and marks the beginning of the end of the COVID19 pandemic. Above all 2023 resumes the journey of CXOs in Indian manufacturing towards a USD 5 trillion GDP. Amid all the market dynamics, massive fiscal expansion by the Government of India under the aegis of the Union Budget for policies like the National Infrastructure Pipeline, PM Gati Shakti, Make in India, Bharat Mala, and Sagar Mala, CXOs need to answer to three questions to simplify procurement.  These questions relate to choices of: 

  • Supply chain strategy 
  • Procurement digitization and 
  • Output metrics 

for the line items that they procure.  

This whitepaper is aimed at enabling visibility into what supply chain and procurement leaders are prioritizing in 2023.

Thoughts on Research Behind the Whitepaper 

Our first whitepaper “Voice of Procurement: Analysis and Insights on Supply Chain Strategy in 2023” is a simple statistical inferencing exercise that brings out which pain point has garnered how many pocket book votes in the true spirit of free market democracy.  We reached out 100 respondents from a wide diversity of our enterprise customers to seek their responses on questions pertaining to their priorities for 2023. We analysed their responses to arrive at what’s the priority that gets maximum votes and thereby decoded the trends in quantitative terms.

Audience of the Whitepaper 

The whitepaper is aimed at procurement and supply chain leaders of the Indian manufacturing supply chain ecosystem. The procurement and digital supply chain transformation trends that we have identified represent the collective responses and priorities of the following industry verticals and sub-sectors: 

1. Automobile 

2. Infrastructure EPC 

3. Electrical Switchgear 

4. Tyres 

5. Metals & Mining (Non-Ferrous and Iron & Steel) 

6. Wires & Cables 

7. Textiles 

8. Pharma 

9. Chemical 

10. Renewable Energy (Solar PV, Hybrid) 

11. Consumer Electronics 

12. Cement 

13. FMCG 

14. Footwear 

15. Real Estate 

At the end of our analysis, we leave you with a simple decision-making enabler for choice of supply chain strategy and procurement technology for diverse categories of line items.

Contents of the Whitepaper 

The whitepaper contains insights on: 

  • Cost optimization as a procurement priority for manufacturers in India in 2023 
  • Supply chain substitutions for fulfilment of the mandate for ESG compliance 
  • Visibility into the supply chain and metrics for exhaustive supplier capability mapping 
  • Value reengineering methods for enterprises and suppliers to scale up capacity 
  • Procurement digitization essentials for business continuity and de-risking 
  • Integrated procurement digitization models such as P2P cycle digitization 
  • Kraljic matrix for choice of supply chain strategy and procurement technology for line items

Procurement Excellence 10th Edition Summit & Awards 2024

Procurement Excellence 10th Edition Summit & Awards 2024

Date:  18th October

Organizer: UBS Forums Pvt. Ltd. 

About the Event: Mr. Rupesh Kharbanda, Vice President at Moglix, recently spoke at the Procurement Excellence 10th Edition Summit & Awards 2024 by UBS Forums Pvt. Ltd. in Bangalore! The session highlighted: The power of Transformational Technology in shaping procurement processes. Strategies for Building Resilient Supply Chains. 

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CXO Leaders Roundtable

CXO Leaders Roundtable

Date:  18th October,2024

Organizer: ObserveNow

About the event: Mr. Shiva Nand Singh, Director at Moglix, recently shared his expert perspectives on “Building Smarter Applications: The Role of GenAI in Product Evolution” at the CXO Leaders Roundtable, organized by ObserveNow. 💡🤖The event brought together industry leaders and innovators to explore how Generative AI (GenAI) is reshaping the future of SaaS applications.  

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Tech Unicorns in India

Tech Unicorns in India

Date:  October 7th  

Organizer: Harward Business School

About the event: Mr. Rahul Garg, Founder & CEO of Moglix, recently presented the India Unicorn Report from the Confederation of Indian Industry, alongside the journey of Moglix, to MBA students at Harvard. India’s rapid pace of innovation is remarkable, with our startups showcasing world-class potential. It’s fascinating to observe how global leaders often lag in terms of dynamism and execution speed within India.  

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Delhi Supplier meet

Delhi Supplier meet

Date:  September 27th  

Organizer: Moglix

About the event: We recently hosted the Moglix Supplier Meet – Daksh in Delhi, uniting our valued suppliers for a day of networking, sharing insights, and exchanging feedback. Mr. Chaitanya Kulkarni, our Director, showcased our latest initiatives designed to empower our suppliers and facilitate mutual growth. At Moglix, we know our suppliers are critical to our success. Your expertise and creativity play a vital role in delivering outstanding products and services to our customers. We also celebrated the impressive achievements of our suppliers—congratulations to our esteemed award winners. 
Together, we are not just scaling businesses; we are building a vibrant ecosystem where everyone thrives. Thank you for being a crucial part of the Moglix journey.

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CII WR IWN : 9th Edition of WomeNation Summit Western Region

CII WR IWN : 9th Edition of WomeNation Summit Western Region

Date:  September 20th   

Organizer: CII

About the event: Ms. Jigyasa Kishore (she/her), VP of Moglix, recently led a discussion on “Igniting Innovation” at the 9th Edition of the WomeNation Summit, organized by the CII Western Region Indian Women Network in Mumbai. This engaging session highlighted the transformative power of entrepreneurial thinking in our rapidly evolving world. Panelists shared their experiences and strategies for fostering creativity, tackling challenges, and turning innovative ideas into reality. Discover how these trailblazers utilize their unique perspectives to inspire change and influence markets. 

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Bangalore CPO Meet 2024

Bangalore CPO Meet 2024

Date:  September 20th   

Organizer: GainSkill

About the event: We recently held a successful CPO Connect in Bangalore on “Navigating the Future of Procurement: Leveraging Aggregator Ecosystems and Adaptive Leadership for Strategic Advantage,” in collaboration with Gain Skills Business Media Pvt Ltd.! Mr. Rupesh Kharbanda, our Vice President, shared his expertise on enhancing strategic sourcing through aggregators. It was also a fantastic opportunity to network with CPOs from various sectors!  

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Daksh Supplier Meet – Chennai

Daksh Supplier Meet – Chennai

Date:  September 20th   

Organizer: Moglix

About the event: We recently held the Moglix Supplier Meet – Daksh in Chennai, uniting our valued suppliers for a day of networking, insight sharing, and feedback exchange.  
At Moglix, we recognize that our suppliers are vital to our success. Together, we are not just scaling businesses; we are building a vibrant ecosystem where everyone thrives.  

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