Guest Lecture on Exploring ProcMart's Business Model, Supply Chain Strategies, and Sustainability Efforts

SIIB Auditorium | February 20, 2024 | 03:30 PM – 04:30 PM

Batch 2023-25 | Participants – 200+

Panellist: Mr. Hitesh Lunawat , Vice President of Finance & Accounts

On February 20th, 2024, students from, Batch 2023-25, attended a guest lecture by esteemed professionals from ProcMart, a leading B2B marketplace. The lecture featured Mr. Hitesh Lunawat, Vice President of Finance & Accounts; Mr. Satyam Singh, Senior Manager of Operations; and Ms. Megha Sinha, Senior HR Executive. Mr. Hitesh Lunawat provided invaluable insights into ProcMart’s mission to streamline B2B transactions, aiming for a remarkable turnaround time of 24 hours per transaction. Delving into the intricacies of material management, Mr. Lunawat underscored its criticality for effective procurement processes.

Additionally, he shed illuminating light on ProcMart’s extensive operations across India, adeptly navigating the complexities of procurement and delivery in the dynamic supply chain industry. He highlighted ProcMart’s unwavering commitment to sustainability by implementing innovative greezn energy solutions and initiatives, including contract manufacturing for briquettes. Mr. Singh emphasized the importance of effectively aligning business operations with sustainable principles to mitigate environmental impact. Students actively participated in an engaging, interactive Q&A session, eagerly seeking clarification on various aspects of ProcMart’s business operations.

The guest lecture concluded on a positive note, leaving students with a deeper understanding of ProcMart’s operations, supply chain dynamics, and commitment to sustainability. It provided an enriching opportunity for students to gain practical insights into the complexities of the B2B marketplace and the transformative role of technology in driving efficiency within procurement processes.