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Shankar VR
eSourcing thought leader | Founder & CEO at Krinati Solutions
Shankar VR is the Founder and CEO of Krinati Solutions Pvt Ltd, a company he established in July 2018.1 He is an experienced professional in the field of sourcing and procurement, with a strong focus on eSourcing solutions.
Professional Background
Shankar has an extensive career in the procurement and sourcing industry:
- He founded Krinati Solutions to offer comprehensive eSourcing solutions that facilitate cross-functional team collaboration, simplify RFP creation and supplier responses, and leverage knowledge management to boost team productivity.1
- Prior to founding Krinati, Shankar held several leadership positions in prominent companies:
- Country Head for India at Coupa Software (2015-2017)
- Alliance Head for Asia Pacific & Japan at Ariba, an SAP Company (2014-2015)
- Director of Global Alliances and Sales at Ariba (2009-2013)
- Director of Consulting & Program Management at Ariba (2004-2009)
Education
Shankar VR holds the following educational qualifications:
- Bachelor of Engineering (B.E.) in Mechanical Engineering from V.J.T.I., Mumbai University (1990-1994)
- Master of Management Studies (M.M.S.) in Operations from Mumbai University (1995-1997)1
Expertise and Passion
Shankar is described as an eSourcing thought leader who is passionate about all aspects of sourcing and procurement.1 His experience includes leading successful procurement initiatives and eSourcing transformation projects for some of the largest and best-managed companies across Asia.1
At Krinati Solutions, Shankar aims to transform the sourcing process for businesses by offering innovative eSourcing solutions that go beyond just reverse auctions.1
Highlights
Honored to have been a part of an insightful panel discussion on "Best procurement tools for enhanced efficiency and transparency in procurement processes" 🚀
During the session, I had the opportunity to delve into how eSourcing can offer value beyond just eAuctions. In today's complex procurement landscape, where global supply chains, compliance requirements, and strategic sourcing needs intersect, eSourcing tools can play a pivotal role in driving deeper value.
From enabling complex sourcing events with cost breakdowns and TCO models to increasing spend coverage and automating mundane tasks, eSourcing empowers procurement teams to focus on what truly matters—strategic, value-added work. Additionally, by leveraging RFPs, we can ensure compliance and transparency, setting the stage for stronger supplier relationships and better procurement outcomes.
A big thank you to Inventicon Business Intelligence Pvt. Ltd. for putting together such a fantastic event and for the opportunity to share my insights with fellow procurement leaders.
Looking forward to more such conversations that push the boundaries of procurement excellence!
We also took an exhibit space to let everyone know we exist 😀; team presence bolstered by Rajeev Apte and Shristhi Tiwari.
#procurement #esourcing #digitaltransformation #supplychain #compliance #strategicsourcing
From Spreadsheets to Speed: How an eSourcing Portal Can Streamline Your Bidding Process
Imagine a world where managing bids doesn't involve drowning in spreadsheets. A world where buyers have real-time visibility into supplier participation, eliminating the need for endless email follow-ups and manual data entry.
Traditionally, the bidding process can be a maze for buyers. Comparing quotes line-by-line in spreadsheets and chasing down missing information from numerous suppliers is a time-consuming and error-prone process. This not only frustrates buyers but also delays decision-making.
Krinati Solutions’s eSourcing portal provides a centralized platform that streamlines the bidding process for both buyers and suppliers.
Benefits for Buyers & Sellers:
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Increased Visibility: Gain instant insight into a bid status. The portal provides a clear view of who has participated, which line items haven’t got any response, and the overall risk of the bid.
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Streamlined Communication: The eSourcing portal facilitates direct communication with the suppliers, allowing for questions and clarifications to be addressed efficiently. This eliminates the need for back-and-forth emails.
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Fair and Transparent Competition: The platform fosters a level playing field. Buyers can easily compare responses side-by-side from a TCO perspective.
Are you ready to streamline your bidding process? Explore how an eSourcing portal can help you gain a competitive edge.
