EXECUTIVE INSIGHT
options in all our categories can drive the entire company forward .
Put into practice , we are collaborating closely with our internal partners in the business to meet their sourcing needs with a focus on consistent supply , quality and cost-effectiveness . We provide vital cost information to support discussions with customers on pricing . We are committed to drive business and customer requirements to our suppliers , emphasising sustainability , quality , and cost . Contribute value by fostering resilient supply chains , supporting profitable growth through savings , we support R & D with innovative solutions , and enhancing operations and sustainability .
Q . WITH SUCH AN EXTENSIVE PORTFOLIO OF INTERESTS AT MERCK - DOES THAT PRESENT CHALLENGES
FOR A PROCUREMENT TEAM ?
» Certainly , the extensive portfolio of interests at Merck does present unique challenges . Our procurement team navigates the complexities of sourcing for diverse business needs and a global network . We balance the multidimensionality of our organisation by ensuring we stay in close touch with our businesses . Our approach is to be ambidextrous , juggling business focus with market expertise to meet global priorities . It ' s essential to maintain flexibility and avoid rigidity , allowing for responsive support across teams to effectively manage this extensive portfolio .
Q . HOW ARE YOU INTEGRATING SUSTAINABILITY CONSIDERATIONS INTO YOUR PROCUREMENT AND SUPPLY CHAIN ?
» Sustainability is a cornerstone of our procurement and supply chain strategy . We are committed to incorporating sustainable practices throughout our sourcing strategies and procurement processes . We engage with stakeholders , and aim to shape sustainability standards and approaches together with peers and industry associations such as TfS-Together for Sustainability for future readiness , fostering a culture of collaboration .
We actively partner with suppliers to find sustainable solutions , prioritise
20 June 2024