Business Chief USA – August 2019

(Nora) #1

“Expectations since the merger are
high, and we only have two years from
start-to-finish to work on the synergies



  • beyond that it becomes the normal
    course of business.” He cites the
    success of the integration of Draka
    into Prysmian Group in 2011 and notes
    that CEO Valerio Battista has stated
    the progress with synergies is ahead
    of schedule. Alivia adds that the same
    challenge is being tackled on the
    supply chain side “The first step was
    to look at inventory (since the merger
    inventory locations have dropped
    from 77 to 70) but now we’re analyzing
    more complex points including the
    rationalization of our network where
    inventory is kept, our flows, product
    location and distribution. We need
    to ensure we make the right product
    in the best facility,” he explains.
    Prysmian is engaged in setting new
    contracts with carriers and working
    on their implementation with third-party
    logistics companies essential for
    managing the network. “It’s not only
    the logistics network,” adds Alivia.
    “We are reviewing every single facility
    and product to make sure we service
    the customer from where it makes the
    most sense; we’re looking at cost of


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