Clark, NJ (PressExposure) April 22, 2009 -- Binayak Shrestha, Global eProcure's Senior Director of Consulting, was named to Supply & Demand Chain Executive Magazine's 2009 list of Provider Pros to Know. In its ninth year of publication, this list recognizes individuals from a software firm or service provider, consultancy, or analyst or research firm who have personally helped clients during the current economic downturn by assisting them in managing risk in the supply chain, providing competitive advantage and/or delivering value to the bottom line.
"This year's Provider Pros to Know have shown themselves to be thought-leaders in their respective supply chain segments," said Andrew K. Reese, the magazine's editor. "Their efforts in developing the tools and processes that enable companies to weather risky economic conditions and place them in a position to surge ahead in better times have earned them a place on this year's Provider Pros listing."
Supply & Demand Chain Executive issued a call for Pros to Know nominations in November 2008. Beginning in January, a selection committee comprised of Supply & Demand Chain Executive Editorial and Advisory Board members culled through scores of nominations to find the applicants that best fit the criteria, which were based around how the nominee personally helped clients during the current economic downturn by assisting them in managing risk in the supply chain, providing competitive advantage and/or delivering value to the bottom line.
Mr. Shrestha's philosophy of focusing on realized versus identified savings distinguished his contributions to his clients. Tackling complex savings opportunities and using technology as an enabler to manage supply chain risk also earned him recognition on the list for his focus on finding long-term sustainable savings. This was a critical point in the selection of the list because of the current economic environment.
"The need to reduce costs and maximize the return on every dollar spent has never been as important as it is now. In today's economy, realizing savings by addressing spend through all means - optimizing supply chain inefficiencies, improving supplier value proposition, and streamlining processes - is critical for generating shareholder value." Says Mr. Shrestha.