The role of procurement cannot be overemphasized in ensuring a successful merger and acquisition process. It is worthy to note that a significant part of the synergy advantages in most merger and acquisitions deals is made possible by purchasing procedures and suppliers.
Without mincing words, the incorporation of contractual relationships, e-procurement systems, global supply sources, procurement teams and the values of the organization plays a role in the mergers and acquisition deals. Other factors are the anticipation of the shareholders and deadlines for the completion of the deal.