The world around us has changed in terms of how we work especially in the aftermath of the pandemic. Employers will have to start thinking about focusing on their core business and leave the non-core business to the industry experts of which we are one of the pioneers and leading astutely from front. The companies have realized that following attributes are required for an organization to say that their procurement team is working effectively:
•Experience and capability
•Robust value addition
•Smarter and efficient way to source rather than go thru a steep learning curve.
•Management of business risks
•Bring scalability to business
•Bring a professional stamp to this art of procurement.
•Market intelligence and AI-based decision making
•Futuristic workflows.
Insight into what are the best practices in other sectors with an investment boom lurking in Energy and Infrastructure sector, with a projected expenditure of approx. $130 billion for Oil & Gas sector, $125 billion for Renewable Energy Sector by 2024 and approx. $1.5 trillion in infrastructure sector in the next one decade, consultants like Pathfinder Energy Consultants are expected to play an instrumental role in shaping the bottom-line of the investing companies with innovative strategies.
Customers expect us to bring to the table strategic solutions which are technologically advanced, meet/better their cost – time – quality targets. The customers expect consultants to manage and mitigate their supply chain risk, bring better than market terms and prices, ensure fast track delivery by employing innovative techniques. Pathfinder Energy is ideally positioned to meet the client challenges in today’s time to improve the bottom line.
Pathfinder Energy is led by a dynamic team which comprises of Prabal Sanyal and Anshu Saxena. “Combined together, we have delivered close to $5 billion worth of capital projects till date. Pathfinder Energy carries a very diversified industry experience starting with Oil & Gas, Power, Infrastructure, Mineral Processing, Transportation, Air Separation, Logistics, and Renewable Energy.
We work in all facets of procurement (e-Procurement or otherwise), whether it be Category Management, Strategic Sourcing, Tendering (PR to PO cycle), Supplier Diversity, Vendor Landscaping, EPC, EPCM, Contract Management, (Delivery Management, Dispute Resolution), Proposal, or Cost Estimation. We bank upon Innovation and Strategy and keep applying ourselves to find out new and better ways of bringing value to our clients”, elaborate the duo.
Since its inception, Pathfinder Energy has seen continuous flow of orders and it expects to see a revenue growth of 25 percent year-on-year and a profit growth of 20 percent year-on-year for the next 2-3 years. The firm is picking-up speed steadily as it is targeting steady growth. With the kind of experience Pathfinder Energy is providing to its clients, it expects 100 percent repeat jobs from them.
Anshu Saxena
“Our strategy is to tie-up with local and international consultants (providing other related services such as Engineering, Project Management, software providers and others), and service providers, suppliers so that we can bring in additional services to our customers and give them a wholesome experience”, adds the management team.
Pathfinder Energy has adopted a collaborative approach as a starter with an aim to spreading its wings in other sectors such as Pharma, Defense, Nuclear energy, Aeronautics, Environment, Electric Vehicles, Entertainment, and Electronics, to name a few. Focus on Renewable energy will be a key driver and priority. Pathfinder Energy intends to provide its customers end-to-end solutions which are laid on foundation of cutting-edge technology and further integration with Artificial Intelligence.
Digitization will play a pivotal role here. The firm’s toolkit approach helps it to scale-up easily and complement with the approach to digitize the entire procurement process. “With a tight margin market emerging around the world, opportunity for utilizing Consultants like us, which has only just flagged off, will be the way the clients will deal with Procurement and Contract Management”, sign-off Prabal and Anshu.
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