Experience has shown that early engagement of Procurement in the deal cycle leads to accelerated value capture. Successful integration 鈥� or separation 鈥� of the Procurement function is reliant on a deep understanding of the new organization鈥檚 spend profile and day-to-day category management activities, identification of appropriate requirements to ensure business continuity, and design of an operating model that is aligned with the organization鈥檚 business objectives.
The benefits
- Identify total value to the transaction through a clear understanding of the spend of the combined or separate entities and procurement鈥檚 key value drivers
- Maintain supply continuity and operational integrity associated with third party agreements through a focus on contract transition
- Expose opportunities to rationalize spend, align processes, rationalize technologies, and harmonize organizations through Day 1 readiness planning聽
