Merger motto: “be prepared”
21 June 2007 | Steve Bagshaw
This issue our experts were posed with the question, “My company is about to merge with another. What should the procurement department do in preparation?”
Here are the highlights of what they told us:
• Assess the profile of spend across all categories.
• Ensure your department’s profile and reputation are solid and decision makers understand the value procurement brings.
• Research the company you are merging with to understand their business and organisational structure.
What do you think?…
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