Team News Riveting
Raipur, October 21
Power major NTPC Limited conducted ‘Heads of Site Contract & Materials and Stores Meet’ on Friday at Naya Raipur in Chhattisgarh.
Held at NTPC Naya Raipur office, the meet was attended by heads of C&M and Stores function from across NTPC units.
Inaugurating the meet, C Sivakumar, RED (WR-II, USSC and ASH NI) underlined the critical role played by C&M and Stores department in NTPC’s growth and performance. He hoped that site C&M in tandem with USSC (Unified Shared Services Centre) can do even better in an era of digitalization and GEM (Government e Marketplace).
Joining the meet through virtual mode, Director (Operations) Ramesh Babu V spoke on the contribution of C&M and Stores team and asked them to align with changing requirement with focus on optimization of Inventory, minimization of Non-Moving Inventory and timely processing of Vendor Payments.
Earlier, in his opening remark, Arindam Sinha, ED-OS appreciated C&M and Stores department for its critical role in timely procurement of materials, taking care of stores and managing inventory which ultimately helped NTPC to maintain its leadership position in the segment.
The occasion marked with presentations from various sections highlighting issues, challenges and opportunities ahead. Later, participants joined at the open house discussion on various issues pertaining to day-to-day function of C&M and Stores.
