boom! names MSD as founding sponsor of new community for women in supply chain sector
One of the world’s leading pharmaceutical organisations, Merck & Co. (MSD), has been announced as the founding sponsor of a new community for women working in the supply chain sector.
The community, boom!, was launched earlier this year with the aim of improving the role and careers of women working in supply chain across the globe.
It is anticipated that MSD will become a corporate member of boom! and will provide its employees with access to the community’s learning and professional development resources, support and connections in addition to its role as sponsor.
“I’m delighted and honoured by MSD’s decision to support boom!,” commented Beth Morgan, Founder & CEO of boom! “Our community is designed not only to empower women but also to help leaders of supply chain organisations to understand and nurture female talent in a way that creates a richness of opportunity for all. At a time when women fill just over a tenth of senior positions in the supply chain, our aim is to reach the people who will be tomorrow’s leaders. MSD is not only investing in its own future but is helping us to work towards gender parity in the supply chain profession as a whole.”
“There are many talented women in the supply chain sector who will benefit from the global reach of boom!,” added Quentin Roach, Chief Procurement Officer and Senior Vice President of Global Supplier Management and Workplace & Enterprise Services Groups at MSD. “With a personal priority on enhancing and advancing diverse talent within the supply chain profession, we’re proud to be supporting this important initiative which will continue to prepare extraordinary personnel at every stage in the talent pipeline while giving a much-needed boost to the progress that women have already made in their supply chain careers. We are very excited to be able to offer our own colleagues access the inspiration, learning and support that is offered by the boom! community.”
5 minutes with: Ivalua’s Sundar Kamak
Who are you?
My name is Sundar Kamak, I’m Head of Manufacturing Solutions at Ivalua. I’ve been with the company for around two years now, and I’m responsible for our industry solutions and our pre-sales team. Before joining Ivalua I spent almost 20 years in the source-to-pay procurement space, working for a number of providers. But I got my career started in manufacturing and supply chain, specifically in automotive and aerospace.
And what is currently taking up the majority of your professional time?
The last year I've been focused in helping organisations put together a digital transformation strategy, especially manufacturing companies, so they can continue to address some of the challenges they face due to the COVID pandemic.
The traditional approach of engineers designing their latest product then procurement going off to source no longer works
What are the biggest challenges facing your corner of supply chain?
We have a lot of clients coming from different backgrounds - aerospace, high-tech, automotive - and they’re feeling the pressure and the crunch. There’s a lack of product, lack of material availability, lack of resources, labour shortages. So, I work with the leadership in these organisations, try to understand what problems they're looking to solve and come back with Ivalua solutions that can help them address some of these challenges.
Where do the biggest opportunities lie?
If we look at manufacturing, it all comes back to procurement and supply chain being involved sooner in the process. The traditional approach of engineers designing their latest product then procurement going off to source no longer works. It’s important to treat suppliers like partners, which means you build trust, so they can participate very early on in the product design and product development process. It’s not done consistently in the manufacturing sector, but it will be key.