Does your organization struggle to make sure all the nodes within the supply chain are connected? Do you have an approach to collaborative planning? In this interview, Andy Walker, head of supply chain strategy with Merck, details how they are making sure all the nodes within the supply chain are connected so they do not work in isolation. Because the supply chain is connected from an end-to-end perspective, they can take true customer demand and drive that through the supply chain down to manufacturing sites and suppliers, which allows the company to respond faster to customer needs. Andy also speaks about the company's new approach to collaborative planning. From an execution perspective, the company ensures there's a consistent set of information being delivered to the manufacturing facility, or contract manufacturer, to enable them to do what they're really good at, which is scheduling and manufacturing the product. The net result is less inventory sitting around, better balance between supply and demand, knowing the revenue risk, working out the profitability and having a true understanding of the margin.
If you’re interested in learning how other supply chain leaders are adapting to face different challenges, we’ve created a video series. Hear supply chain leaders from Merck, Trinity Rail, Schneider Electric, Amgen, and Anritsu share their insights on top supply chain management priorities and initiatives.
Check out the other videos in this supply chain interview series:
Stay tuned for the upcoming videos in this supply chain leadership interview series: Video: First Solar - Challenging the Norm in Supply-Chain Management