Case Study Example in Elevating Procurement's Role During a Merger and Acquisition
Mergers and Acquisitions (M&A) provides the space and flexibility for a company to flourish strategically. When the M&A process is tackled with a strong plan and attention to detail, the entire supply chain can blossom. At Source One, our spend management experts successfully support M&A activities by planning procurement-specific strategic initiatives. Here is our two-part example of how an supply management activities were gracefully handled pre and post M&A.
Mergers and Acquisitions present Procurement teams with a time to shine. When brought in early, Procurement teams can help the enterprise gain a clear view of spend patterns for both sides of the to-be unified organization, and establish a supply management strategy aligned with the M&A’s overall objectives. In this case study example of one M&A client of Source One’s, you’ll see how the the Food and Beverage company centralized the Procurement function to drive the results of their recent merger.
M&As are a significant investment. Beyond outright cost, mergers and acquisitions require a significant amount of time and resources. Procurement teams can help quickly maximize the results of an M&A by tackling quick wins for cost reduction and establishing long-term category management strategies. In this case study, you’ll learn how Source One helped an insurance company tackle cost reduction goals and jump start spend management programs.