Procurement Magazine May 2024 | Page 26

LIFETIME OF ACHIEVEMENT IN PROCUREMENT
GLOBAL SOCIAL ENTERPRISE STRATEGY
In November 2022 , Johnson & Johnson launched its Global Social Enterprise Strategy to drive societal and economic impact through the company ' s network of suppliers . The multi-year project supports the company ’ s Health for Humanity 2025 spending goals and builds on a track record of partnering with small and diverse businesses .
“ This is not charity or philanthropy ,” says Mandapaty . “ This is about working with the very best suppliers to drive the best outcomes for both our business and society at large . Partnering with companies committed to doing good in the community aligns with Our Credoand accelerates our commitment to supplier diversity and inclusion .
“ It ’ s not an either / or situation ,” Mandapaty says . “ It ’ s an opportunity to extend positive social impact through a supply base that reflects our customer base .”
Prior to his role as CPO , Mandapaty created the strategy and roadmap for the Global Services Organisation – the largest and one of the most critical tiers of Johnson & Johnson ’ s Procurement .
Ever since , he has been steering Johnson & Johnson ' s direction in delivering value , quality , and innovation via responsible sourcing . With extensive expertise in overseeing procurement entities , Mandapaty offers a broad global outlook , having resided and operated within varied cultural and economic landscapes spanning Asia , Europe , and North America . He holds a fervent dedication to fostering robust supplier relationships aimed at fostering inventive healthcare solutions .
26 May 2024