Pune, August 2022: Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL) took home the honours at the coveted Institute for Supply Management – Chief Procurement Officer (ISM-CPO) Awards 2022. More than 85 organizations across Manufacturing, Technology and Banking services were vying for the honours across 15 categories at the Awards that are regarded as the highest honour in the Procurement domain. DFPCL won the Award in three categories – ‘Excellence in Supply Chain Initiative’, ‘Outstanding Cross Functional Collaboration’ and ‘Excellence in Use of Technology’.

Commenting on the win, DFPCL Executive Vice President Mr. Arun Bhanumurthy – Strategy & Transformation, said, “It is a matter of great pride to receive these awards from Institute of Supply Management, one of the highest honours in the procurement domain. The awards are testament to our commitment to developing future focused solutions that drive value for our stakeholders across the board making us their ‘Partner of Choice’. Awards and recognitions like this only fuel our desire to further raise the bar in everything we do, setting new industry benchmarks in the process.”

DFPCL won the ‘Excellence in Supply Chain Initiative’ Award for showcasing an end-to-end demand led supply chain that positively impacted the entire cycle by driving excellence in demand forecasting, logistics and supply chain risk. The company won the Runners-up in the ‘Outstanding Cross Functional Collaboration’ category for showcasing its Project Galaxy that facilitated internal collaboration, setting the stage for organization success through a collaborative approach. DFPCL were also Runners-up in the Excellence in Use of Technology category where it showcased the effective use of latest tools and technology as an enabler that could successfully influence outcomes across functions, teams and geographies within the Organization.

The Institute for Supply Chain Management (ISM) is the world’s first and biggest non-profit professional supply management organization. Founded in 1915, ISM has over 50,000 members across 100 countries. CPO Awards have gained industry-wide acclaim and have evolved into one of the finest distinctions in procurement.