“ FOR THOSE WHO WERE ABLE TO NAVIGATE ACROSS THE 2020-2022 PERIOD WITH SUCCESS , THE GAIN IN CREDIBILITY TO THE EXECUTIVE LEADERS OPENS NEW POSSIBILITIES OF CHALLENGING THE STATUS QUO ”
“ FOR THOSE WHO WERE ABLE TO NAVIGATE ACROSS THE 2020-2022 PERIOD WITH SUCCESS , THE GAIN IN CREDIBILITY TO THE EXECUTIVE LEADERS OPENS NEW POSSIBILITIES OF CHALLENGING THE STATUS QUO ”
JÉRÔME LESENECHAL CHIEF PROCUREMENT OFFICER , LIVANOVA
critical medical services , whilst balancing that against its Net-Zero ambitions .
And procurement is not only screening the current state : LivaNova also includes ESG considerations in each decision , in collaboration with corporate leaders .
Suppliers represent a large portion of their products ’ bill of materials ( BoM ), and their customers also rely on them to control supplier engagements .
LivaNova ’ s next step will be to set up targets together with their suppliers internally , ( travel , company cars , etc ) for the commodities that are under management by procurement .
Continuous improvement on processes such as logistics can also help considerably . Redesigning the packaging , revisiting the supplier ’ s footprint to avoid long lead-time logistics – every decision can decrease the carbon emission of their sourcing activities
and make their BoM more compliant with new and emerging regulations .
Balancing profits with sustainability goals Customers are prepared to reward companies that make ESG a central part of their mission .
“ Procurement needs to act in a similar way and award business to the best suppliers in ESG ,” says Lesenechal . “ I believe that selecting a supplier with a very good rating can lead to better business for LivaNova and make us even more competitive in tenders .
“ Given the way we need to balance deviations with additional action items to put us back on track , it ’ s easy to see why
30 January 2023