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Somnath Chatterjee

Executive Vice President, Head of Procurement & Logistics, ITC's Food Division.

About me

Head of Procurement & Logistics for ITC’s Food Division. Member Divisional Management Committee.Forward-thinking Senior Executive with a proven record of accomplishment in the Procurement and Supply Chain space over a stellar 33-year career. Driven and ambitious leader dedicated to continuous business improvement focused on enhancing revenue and streamlining business operations. Diligent in driving profit maximization through multifaced business approaches. I see myself as a business driver. From product innovations to launch strategy to core processes and procurement and marketing, I contribute significantly to exceeding the goals. I can understand how the business works and actively support it through domain knowledge, technology adoption, people management, and process excellence.Provides strategic leadership to his team in handling procurement for nationally famous brands such as Aashirwad Atta, Sunfeast Biscuits, Bingo chips, Kitchens of India ready to eat products, Candyman and Mintofresh candies, Yipee Noodles, Sunbean Coffee & now Fabelle Chocolates. Handles a buy size of over 5000 Crores and manages supply chain for 150 diverse locations across India, exporting to 54 countries world wide. Managing a vendor base of nearly 3000. Member of Chief Procurement Officers (CPO) strategy forum and a regular speaker at several supply chain related seminars and conferences. Passionate about knowledge sharing and often lectures management students are various B Schools.Past Chairman of Agri &Food processing Committee at Bangalore Chamber of Commerce and Industry (BCIC). Member Indian Merchants Chambers (IMC)I head the Procurement Council at ITC which comprises of Procurement professionals from all businesses Divisions.Specialties: Forecast prices systematically for key spend areas. Analyse expenditure to establish potential price change impact on purchasing portfolio. Tactical & strategic negotiation for category of expenditure. Initiate & manage major cost improvement programs, resulting in significant savings. Deal with a largely fragmented & unprofessional commodity market in a way that mitigates price and contractual risk to the company.

Somnath Chatterjee

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