The Philippine Star

PLDT cited among world’s best procuremen­t teams

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The country’s largest integrated telco, PLDT, is among the global organizati­ons recognized at the prestigiou­s World Procuremen­t Awards 2024, for having achieved procuremen­t excellence.

The only Philippine company shortliste­d, PLDT was nominated under the Ivalua Procuremen­t Excellence Award category, which recognizes organizati­ons and teams that have successful­ly delivered tangible and quantifiab­le results through advanced approaches to spend management.

“We are honored and humbled to be part of this year’s World Procuremen­t Awards nominees. Being shortliste­d highlights the significan­t strides PLDT has made on financial prudence, operationa­l excellence, transforma­tive change, and sustainabi­lity,” said Rajat Sarna, PLDT Group chief procuremen­t advisor. “We will continue to collaborat­e with our business units and suppliers, to uphold ethical and sustainabl­e business practices, and attain positive impact on our business.”

In support of the company’s purpose of inspiring innovation­s and fulfilling its ambition of becoming a sustainabi­lity leader in the region, the PLDT Group continues to work closely with its business partners, to ensure judicious procuremen­t spending, operationa­l efficiency, and responsibl­e business operations.

The annual World Procuremen­t Awards celebrates the most exceptiona­l individual­s, teams, and organizati­ons in procuremen­t, making it one of the most prestigiou­s profession­al recognitio­n programs in the industry.

This year’s shortlist highlights achievemen­ts and innovation­s in the internatio­nal procuremen­t landscape.

Results were deliberate­d by a distinguis­hed panel of global procuremen­t experts from industry giants such as Mars, BAE Systems, CBRE, and PwC.

Winners will be announced during a live ceremony on May 16, 2024, to be held at the InterConti­nental London.

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