Case Study
Accelerating value creation in mergers: Excellence in procurement integration
Integrated the procurement functions of two leading agricultural and chemical companies to form a new global entity. Achieved over $100M in synergies, combined procurement operations, and rapidly established aligned processes and digital tools to ensure the success of the new company.
The merger required integrating procurement functions from two organizations with distinct operational models and systems. This involved unifying disparate procurement processes, capturing synergies through optimized supplier contracts and supply market consolidated strategies, and ensuring "Day One" readiness with a top-tier, center-led procurement organization operating seamlessly from the start.
Executed a strategic, multifaceted plan for procurement integration. This included:
Value capture roadmap development: Created and prioritized a roadmap to identify savings opportunities by applying best practices in strategic sourcing, contract renegotiation, and spend management.
Organizational excellence improvements: Implemented a center-led procurement model with clear governance, streamlined processes, and a talent strategy aligned with the organization’s goals.
Strategic systems alignment: Rapidly deployed a new cloud-based technology solution and prioritized point solutions to integrate procurement systems, consolidating spend data and supplier management across various platforms.
Exceeded the two-year procurement synergy target within one post-merger year, greatly contributing to the integration’s financial success.
Reduced costs and improved supplier performance management through streamlined procurement processes.
Built a robust procurement function that consistently generated long-term value through effective strategic sourcing and supplier innovation.
Our expertise in procurement integration drove the successful merger. By applying strategic procurement practices, we accelerated value creation and showcased our ability to deliver rapid, sustainable results in complex integration scenarios.
