In the last episode of this Inside Procurement feature, Omer Abdullah discussed the impact of mergers and acquisitions (M&A) on the procurement function.
In part 2, he continues the conversation by looking at an often under-considered aspect of where procurement can deliver the real impact - revenue enhancement, as well as discusses a 10-point checklist for CPOs to consider in order to realise procurement value through the merged entity.
The video recommends specific procedures that procurement practitioners can follow to contribute towards revenue enhancement:
- Engaging proactively in new product development processes
- Collaborating closely with strategic suppliers
- Leveraging patent intelligence
Watch the full video to learn this and more.
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