James Mullins on mergers & acquisitions

Operating a growing business can be a challenge – a wonderful challenge, but a challenge all the same. Growing pains are par for the course, but when growing through acquisition is core to the business’ strategy, managing transitions and integrations well is absolutely critical. Jim Mullins is the Senior Vice President of Global Supply Chain at Henry Schein, the world's largest provider of health care products and services to office-based dental and medical practitioners. They acquire 12-15 companies per year and have done so for as long as Jim can remember. In this interview, Jim speaks with Scott Luton and Greg White about: • How Henry Schein is investing in and leveraging technology to manage their large and growing supply chain • Why he believes so strongly in the importance of mentorship and participating in cross functional projects • How the Henry Schein team approaches the integration of newly acquired companies to ensure the intended value is achieved 0:00 Show Introduction 0:32 Scott and Greg Show Preview 1:30 Jim Mullins of Henry Shine – SrVp of Supply Chain 2:00 Jim’s upbringing and background 2:40 Sports Teams? – Jets Jets Jets!!! 3:45 What role shaped your worldview? 5:15 What does Henry Schein do? 7:50 Behind every package is a patient 9:00 Sustainability for Business 10:50 Healthcare Industry 12:15 Balance technology with the team 15:50 Acquisitions and The wiring of the supply chain into the enterprise 17:50 Culture and values of an organization 22:30 Relationship with Business Leaders 24:50 Advice for upcoming talent 27:00 Cross Functional Initiatives 29:00 Jim’s Eureka moment 31:30 Data equally important as the product 32:30 Connect with Henry Schein 34:00 Model what Henry Schein Has Done 36:30 Show Outro Additional Links & Resources: Learn more about Supply Chain Now: https://supplychainnow.com Check out our new Supply Chain Now Media Kit: https://bit.ly/3zKRLyL Subscribe to Supply Chain Now and all other Supply Chain Now programs: https://supplychainnow.com/subscribe Leveraging Logistics and Supply Chain for Ukraine: https://vectorgl.com/stand-with-ukraine/ 2022 Q2 U.S. Bank Freight Payment Index: https://freight.usbank.com WEBINAR- Why Choose Between Reducing Risk or Optimizing Costs? https://bit.ly/3KkCN7F WEBINAR- There’s a Better Way to Pay: Procure to Pay in the New Abnormal: https://bit.ly/3cXFD6a WEBINAR- Top Three Ways to Control Delivery Costs in Challenging Times: https://bit.ly/3qgefU5 WEBINAR- Beyond One Number Forecasts: Why a Probabilistic Approach is Better to Manage Uncertainty: https://bit.ly/3cQAzAB WEBINAR- A New Paradigm Of Resilience: Protect Against The Next Supply Chain Crisis: https://bit.ly/3KSYdJg This episode is hosted by Scott Luton and Greg White. For additional information, please visit our dedicated show page at: https://supplychainnow.com/behind-pac...