“ 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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