Business Chief US+CAN Magazine April 2021 | Page 51

Arvind Kumar
NTT GLOBAL SOURCING INC .

2018 NTT Global Sourcing Inc . founded

Executive Profile :
Arvind Kumar

60 Number of Employees for NTT Global Sourcing Inc .

80 +

Projects

$ 100m

Estimated Savings
Title : Global VP of Indirects Industry : Strategic Sourcing
Arvind Kumar joined NTT Global Sourcing when it was established in 2018 , and oversees the group ’ s indirect sourcing as Global Vice President Indirects . His remit covers payment solutions , real estate construction , land acquisition , and managing all the facility and workplace services for NTT Group globally . contributing to the digitalisation efforts is to look at the pre-existing programmes and processes across the group and within the categories that we manage . We also ensure there is automation , enforce digitalisation , and transform the category and processes from legacy to next-generation .”
Ecosystem of value This process of upscaling and reshaping legacy systems is also evident in Kumar ’ s approach to indirect sourcing . Traditionally , procurement is a one-way process of assessing and negotiating terms with a vendor to supply a product or service . Kumar ’ s model has upended this linear structure , instead creating an ecosystem of partners with an economy of shared capabilities , ideas and revenue generation opportunities .
“ I ’ m very passionate about this ,” Kumar says . “ I truly believe there ' s a larger picture that a lot of procurement organisations don ' t realise . The supplier partner ecosystem we are building on a strategic level provides vast opportunity to create and add incentives to businesses within
An experienced executive , Kumar ’ s 20-plus year career has seen him work with market-leading organisations in banking , real estate , sourcing , and telecommunications , among others . Prior to joining NTT , he held several senior roles at French multinational Capgemini , including Global Head Workplace Transformation / Furniture & Fixture Standardisation , and Regional Chief Procurement Officer for India , UAE and APAC .