Buyers Can Build Bridges
Supply Management, Web News
Procurement is well placed to help align any "culture gap" when companies merge, according to a report.
The research also found senior management must allow purchasers to play a role in developing a plan to foster communication between the two sets of staff.
A study from consultancy Efficio said before taking the plunge, firms should choose key purchasing staff to form a joint team to meet procurement's future targets.
Employees from both companies can work together, and implement a new culture through dealings with internal customers and external suppliers. Cultural problems were cited as the main cause for failed mergers.
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