Why merge? To reach critical size, increase profits, expand internationally…
And even more so, to create synergies!
Veritably 30 to 50% of the resulting savings generated by the newly created synergies are derived from optimising Purchasing. The speed with which such savings are made has coined them as “Quick savings. In fact, depending on the sector, Purchasing represents 30% to 70% of overall turnover. Optimising Purchasing will significantly impact a company's profit margin.
However, in spite of how much can be gained from a merger-acquisition, reducing purchasing costs remains insufficiently capitalised on.
- What are the key factors for success in Purchasing synergies?
This study has been published on the site: Fusacq.com.