Healthcare Digital September 2024 | Page 21

MATHIAS GRÜNEWALD
EXECUTIVE INSIGHT
Q . WHAT IS THE MISSION FOR MERCK PROCUREMENT ?

» It is our mission to strategically source high-quality goods and services at optimal costs , ensuring value creation and innovation while maintainingMatheus Grunwald , 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 .
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 .

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 .

“We advance procurement for a better tomorrow and a thriving Merck ”

Q . WHAT ARE THE CHIEF PROCUREMENT CHALLENGES AT MERCK ?

» 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 DO YOU EMBED SUSTAINABILITY INTO 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 .

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