Spend and Supply Management Services for Mergers and Acquisitions
We believe Procurement has the ability to drive M&A activity and empower teams to ensure the successful integration companies and assets.
When done well, Mergers and Acquisitions are a powerful strategy for accelerating growth and driving revenue. Their success, however, hinges upon the alignment of all parties and the company’s overarching growth strategy. As a unit capable of touching nearly all aspects of the business, we believe M&A activity presents a tangible opportunity for Procurement functions to shine. During M&As, employees are more open to change, suppliers are eager to increase sales volumes, and shareholders are more willing to accept early investments – all providing Procurement with a prime opportunity to gain stakeholder alignment and sponsorship to capitalize on supply chain momentum.
Aligning ourselves to the company strategy, Source One’s spend management experts support M&A activities from beginning to end – helping companies reduce costs and streamline supply base operations.
Pre-M&A Procurement Support
Most companies wait until after an M&A is complete before pursuing procurement initiatives- missing out on opportunities to get ahead of procurement synergies. Source One’s Procurement experts can help companies get a jump start on their growth strategies by enabling procurement teams before M&A activities close. By aligning with organizational Clean Room activities, our spend management team can get the ball rolling on quick-win cost reduction opportunities while aligning supply management strategies with the overarching goals of the soon-to-be newly formed enterprise.
How our team can support Pre-M&A activities:
- Collaborate with M&A executives and external consultants during Clean Room initiatives to understand the company’s strategic direction an a unified organization and drive the planning of Procurement’s role in supporting the M&A initiatives
- Collect initial data to begin identifying short- and long-term cost reduction opportunities
- Support planning of procurement-specific strategic initiatives
Post M&A Procurement Support
Without a doubt M&A activities are a significant financial investment, as well as in time and resources. As a function with visibility into all business units, Procurement is in a prime position to drive synergies across the newly formed organization, as well as offset costs associated with the M&A. Source One’s procurement consultants can
Putting to use our decades of experience optimizing spend management operations, Source One can support Post M&A activities by:
- Analyzing both company’s spend to identify cost reduction opportunities
- Develop and implement strategic category management plans
- Aligning with Clean Room strategies in supporting facilities management
- Rationalize Suppliers and Scope by evaluating contracts
Whether you’re on the verge of closing an M&A or are sorting through the puzzle of the supply management operations of a recently unified organization, Source One’s procurement consulting team is here to help. From the tactical analysis of combined spend data to developing the long-term spend management strategies, our procurement experts work to maximize your M&A results.
Receive M&A Procurement Support