Procurement Magazine June 2024 | Page 19

MATHIAS GRÜNEWALD
EXECUTIVE INSIGHT

Mathias Grünewald studied economics before embarking on his three decade procurement journey .

Starting immediately after studies , he witnessed procurement functions in many industries change from a tactical to a strategic role as he was working in the automotive industry .
He joined Merck , the pharmaceutical manufacturing company in 1993 to take up a Team Leader role in the indirect spend area , where over time he became responsible for most of the indirect sourcing categories .
Later , he moved to direct material sourcing , before becoming the CPO for the electronic division in Merck KGaA Darmstadt . In this role he took responsibility for the global strategic and sourcing and was a member of the Global Procurement Board with the focus on developing overall Procurement .
His focus was always value and business driven , he is a strong believer in having a sourcing community that understands the business needs and supports sourcing with an eye on the future .
Procurement is a key function and contributes significantly to the overall business success .
Q . WHAT IS THE MISSION FOR MERCK PROCUREMENT ?

» Generally speaking , it is our mission to strategically source high-quality goods and services at optimal costs , ensuring value creation and innovation while maintaining strong ethical standards and sustainability practices .

It supports Merck Electronics ' broader goal of “ Advancing digital living ”, that is , providing solutions that enable the electronics industry to reach the next level in digitization and Artificial Intelligence .
Advancing procurement for a better tomorrow and a thriving Merck , which is our vision for the Merck entire procurement . We call it “ Northstar 2030 ”. We are convinced that a future oriented Procurement organisation including the diverse Procurement

MATHIAS GRÜNEWALD

TITLE : CPO ELECTRONICS SOURCING
COMPANY : MERCK
LOCATION : FRANKFURT RHINE-MAIN METROPOLITAN AREA
Mathias Grünewald , CPO Electronics Sourcing at Merck , is a seasoned leader driving excellence in global procurement . With extensive experience , he optimises supply chains , fosters innovation , and champions sustainability . Passionate about industry collaboration , he elevates Merck ' s sourcing prowess with strategic acumen and visionary leadership .
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