Vel is the CEO and President of Beroe Inc., a premier global provider of customized procurement services specializing in sourcing, supply chain visibility, financial risk analysis and environmental impact to Fortune 500 organizations.
Beroe is the result of a study that Vel conducted in 2003 with the CPO’s of fifty Fortune 1000 companies. In this study, the CPOs revealed that their top two areas of concern were the lack of good market intelligence and supplier/supply chain risk. In founding Beroe in 2005, Vel’s vision was to create an organization that embodies the statement “The future of procurement intelligence” while strategically partnering with clients as an extension of their procurement function.
Vel is the guiding hand behind Beroe’s transition from a start-up to a mature, global enterprise with more than 400 people. Before founding Beroe, Vel had extensive procurement and supply chain consulting experience for over 30 Fortune 500 companies. Vel is a prominent speaker at major procurement/supply chain events like ISM, ProcureCon, Procurement Leaders, EIPM, CIPS, SCIP, F4SS, LogiPharma, AME and MAPI. Vel is a member of The Chennai Angels.
Passionate about procurement, travel, architecture and entrepreneurship, Vel’s idol is Tom Enders, the CEO of Airbus. Vel is married and has two kids.
Vel completed his MSc (Hons) Chemistry and BE (Hons) Mechanical Engineering from BITS Pilani, and his Masters in Operations Research, NC State University.