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Episode 310: Learning to Boldly Face Change with Pratik Patel

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Dive into the journey of Pratik Patel, a longtime Mastercard procurement leader, who brings a lifetime of resilience and adaptability to his work in global sourcing. Growing up in a world of constant change, Pratik learned early on how to adapt to new environments and challenges, a skill that has shaped his career in transformative ways. Join us as Pratik shares how his childhood experiences taught him to embrace the unknown, challenge the status quo, and foster meaningful relationships, helping him transform procurement into a dynamic, strategic function.

Bio: Pratik has 20+ years in Procurement, in St. Louis for 19 years. Worked at Energizer, Mallinckrodt and now at Mastercard helping driving category strategy for labor, data/AI and also support 6 divisions in Technology Sourcing. Pratik focuses on eliminating waste in all aspects of what he touches to drive a better, faster, cheaper execution. He has 20 years of experience in lean and six sigma principles to drive process discipline.

He is very passionate about diversity and creating opportunities where opportunities would not otherwise exist because he believe when you work with diverse suppliers then diversity will breed diversity, they will be intentional of working with diverse companies to help run their operations as well.

Pratik has been recognized inside Mastercard with CFO award for the labor transformation he has led, a 3X SIA Game Changer award winner, SIA Diversity influencer award winner, St. Louis Fellow (Cohort 7) and recently got his certification online from Wharton for AI/ML – practical uses, ethics, governance.

Pratik’s Something Extra: "I think you need to show a sense of humility, you know. And with that humility, there needs to be also an understanding that it's okay to be vulnerable."

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