Procurement Magazine June 2024 | Page 23

that include sustainability related clauses to reach mutual goals . Furthermore we have embedded sustainability elements into our requests for proposals and consider the responses as part of the selection process .
Q . HOW DO YOU TRY TO MAKE SURE YOUR PROCUREMENT OPERATION STAYS AT THE CUTTING EDGE OF TECHNOLOGY TO MAXIMISE PERFORMANCE ?

ยป To ensure our procurement operation at Merck remains at the leading edge , we partner with technology innovators and industry thought leaders to remain up to date with the latest advancements . By prioritising the strategic utilisation of big data , we augment data from various solutions and contextualise it within a procurement domain specific data ontology , all managed under a stringent data governance framework . This strong foundation empowers us to leverage advanced analytics , to deploy AI-driven tools , and to integrate state-of-the-art procurement solutions effectively and with speed . procurementmag . com 23