AI Magazine February 2023 | Page 61

LIVANOVA
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 procurement needs to develop the right battle plan with stakeholders and suppliers .”
LivaNova ’ s partnership with Teguar LivaNova ’ s partnerships are crucial to helping them achieve their goals . One of their main partners is Teguar , an industrial and medical computer company .
Jonathan Staub ( CEO of Teguar ) and Lesenechal have been working very closely for many years to drive a new development . The collaboration keeps LivaNova ’ s configuration as standard as possible , both to contain costs and to ensure the right design-to-source .
Lesenechal says : “ There is no way that LivaNova or Teguar can influence market trends in consumer goods technology like laptops , but , together with the cross-functional team , we were able to limit customisation and other exotic specifications . This leads to better profitability on both sides , as well as better material availability for the sub-components .
“ I need here to underline the great collaboration with our marketing and our programme management . Our team always managed the relationship with a dynamic and constructive approach .
“ On its side , Teguar always challenged our requirements and design changes in the right way – and this is exactly what I expect from all my suppliers – helping us to bring to the market a product that will be sustainable both in terms of supply and costs of goods .”
Lesenechal is confident that LivaNova ´ s pipeline will match with customers ’ expectations . “ As long as we stay close to the patients , to the users and to the clinicians in order to understand their needs and translate it into specifications , the medical device industry will keep its high-performance standard .” LivaNova ’ s products and therapies are used worldwide . With a presence in more than 100 countries , their team of approximately 3,000 talented people works to improve and sustain patients ’ quality of life each and every single day . aimagazine . com 61