Most business integration value propositions rely heavily on cost reduction. In any merger or acquisition, it’s procurement that generates a substantial amount of the near-term savings. Since a large number of business integration efforts fall short of the estimated total synergies, procurement is typically – and will remain – the major value driver in any merger or acquisition. No wonder then, the C-Suite inevitably looks at procurement to drive maximum value from the deal. Procurement can rise up to this challenge through smart planning for future state design, Day 1 support, and capturing sourcing synergies. This white paper explains how procurement leaders can realize best value at enterprise scale through well-planned and effective integration execution.
Contributors: GEPCategories: Whitepaper
SRC Type: Procurement Operations