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Blog Pick of the Week: Mergers & Acquisitions Procurement Related Opportunities Shouldn't be overlooked

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Every one of us has been impacted by a merger or acquisition. The day after my husband and I closed on our first house, he was told his position was being eliminated due to a merger. My response was at least they waiting until after the closing went through!!

When I was reading this blog about mergers and acquisitions, it brought to light some areas where procurement can step in and show their value. 

This blog by Cap Gemini suggests that procurement should be involved at the due diligence phase. They can review current contracts and understand variances in the procurement processes and technologies.

An additional value is to demonstrate cost savings areas for the joint organization.

What have people experienced during an acquisition? Have you been involved and do you have some tools are best practices to share? While it is a challenging and somewhat stressful time, it also can open opportunities in areas not previously explored.

What have you found?

Cindy brings with her over twenty years experience in supply chain business process, systems development , and project management. She has worked on a global scale with multi-faceted supply chain initiatives. With her strong IT background and project management expertise, she has successfully managed a variety of complex systems implementations. Cindy has held positions with large national and international companies in the insurance, retail and medical fields. Cindy has her MBA with an IT concentration. Professional education includes training in strategic sourcing, systems development, and obtaining her CPM.

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Guest Tuesday, 25 November 2014

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