The Evolution of Merck Business Solutions Asia Inc: A Look Back at its Milestones
As a leading healthcare company, Merck has been providing innovative solutions for the betterment of society worldwide. Over the years, the company has grown exponentially, expanding its reach to newer horizons. In this article, we will dive into the evolution of Merck Business Solutions Asia Inc and explore its journey so far.
Origins and Establishment
Merck Business Solutions Asia Inc (MBSA) was founded in 2007 as the shared services center for Merck’s Global Services organization with an initial headcount of around 300 employees. The establishment of MBSA was a strategic move by Merck to streamline its business operations and enhance efficiency in the Asia Pacific region.
Expansion and Growth
Since its inception, MBSA has continued to expand and grow its presence in the Asia Pacific region. In 2011, Merck established its regional headquarters for the Asia Pacific in Singapore, which further bolstered MBSA’s growth in the region. Today, MBSA has over 1,900 employees and provides services across various functions, including finance, IT, procurement, human resources, and more.
Milestones and Achievements
Over the years, MBSA has achieved several milestones that have contributed to its growth and success. In 2015, MBSA won the prestigious ‘Best Shared Services in Asia’ award at the Shared Services and Outsourcing Network (SSON) Asia Awards. This recognition was a testament to MBSA’s commitment to delivering high-quality services and its continuous efforts towards process improvement.
In 2018, MBSA launched its Regional Hub in Manila, Philippines, to cater to its growing service demand in the region. The hub was a strategic move towards centralizing and optimizing MBSA’s operations, resulting in increased efficiency and cost savings.
The Future of MBSA
As Merck continues to expand its operations globally, MBSA is well-positioned to play a significant role in the company’s growth trajectory. With a focus on enhancing digital capabilities, automation, and innovation, MBSA is well-equipped to meet the evolving business needs of Merck and its customers.
Key Takeaways
In conclusion, the evolution of Merck Business Solutions Asia Inc has been nothing short of remarkable. From its humble beginnings in 2007 to its current standing as a leading shared services center in the Asia Pacific region, MBSA’s journey has been an inspiring one. As the company looks towards the future, MBSA remains committed to delivering high-quality services, promoting efficiency, and contributing towards the betterment of society as a whole.
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