Insider’s Corner Q&A: Dan Wallach, Procurement Manager
IW: What challenge do you and IDEXX Laboratories face right now?
DW: We are focused on improving our cost structure in an environment of increasing commodity/transportation prices as well as comprehensive risk management to ensure continuity of supply.
IW: How does IBISWorld help you overcome this challenge?
DW: IBISWorld’s Industry and Risk reports provide timely and applicable information for the development of cost and risk management strategies. By increasing our knowledge of global industry dynamics, drivers, and long term trends, IDEXX is better positioned to make sound sourcing decisions within the context of its broader commodity management strategy.
IW: What do you foresee happening in your industry within the next year?
DW: We expect that cost pressures will increase and IDEXX will continue with aggressive cost and risk reduction efforts. IDEXX is committed to continuous improvement in every aspect of its operation and believes this guiding principle provides a competitive advantage in our marketplace.
IW: Tell us something interesting about yourself:
DW: Maine is a paradise for those who enjoy the outdoors. My hobbies include ice hockey, hiking, snowshoeing, snowboarding, and what feels like an endless amount of time devoted to cutting/splitting/stacking/hauling firewood. My family enjoys bluegrass festivals, the magnificent Maine coast, and traveling throughout northern New England and the Canadian Maritimes.
Dan Wallach is a Procurement Manager with IDEXX Laboratories, a leader in pet healthcare innovation, serving practicing veterinarians around the world with a broad range of diagnostic and information technology-based products and services. IDEXX products enhance the ability of veterinarians to provide advanced medical care, improve staff efficiency and to build more economically successful practices. IDEXX is also a worldwide leader in providing livestock and poultry diagnostic tests and tests for the quality and safety of water and milk. Headquartered in Maine, IDEXX Laboratories employs more than 5,000 people and offers products to customers in over 100 countries.
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