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Should procurement take a more strategic role in Mergers & Acquisitions

Overview

Should procurement take a more strategic role in Mergers & Acquisitions 

Procurement are really involved up front in mergers and acquisition discussions. As a CPO or Procurement Director, can you afford not to be involved in the potential risk of business critical suppliers being bought out or merging with another company – what if that company is your majorCPD 2 competitor? This CIPS Fellows event will look at:

 

  • What bad looks like – a quick case study highlighting where a lack of procurement inclusion in the deal process has led to a failure to realise deal synergies;
  • What good looks like – an explanation of benefits identification, op model design, integration planning, Day1, comms and PMO across multiple workstreams and how it benefits the deal process in terms of focus, alignment and ultimately increased deal value and sustainable success;
  • Highlight the specialist skill required for Procurement including novation, ABC, modern slavery, upstream supply chain acquisition, single point of failure, supplier exclusion clauses linked to corporate governance etc;
  • Highlight how procurement can integrate without strangling a target in red tape – especially where an established business is buying a much smaller company.
The cost to attend this event is £15.00 inclusive of vat.  This event is open to CIPS Fellows only.
Date: Thursday 01 February 2018
Venue: Norton Rose LLP
Fee: Members - £12.50 per person

Availability:

Bookings are no longer being taken for this event

Audience

This event is open to CIPS Fellows only.

Programme

18:30  -  Registration
19:00  -  Event commences
20:00  -  Drinks and networking
21:00  -  Event close

Speakers

Will Harman, Operating Excellence Specialist, Apax Partners

Procurement as an essential deal synergy source for private equity deals and for the on-going operational excellence in private equity portfolio companies.

Will Harman is an Operating Specialist in the Operational Excellence team. He joined Apax Partners in 2014 and is currently based in London. Prior to joining Apax Partners, Will worked for PA Consulting Group where he led procurement restructuring, cost reduction and supply chain risk management programmes for clients including BP, BAE Systems, and Aston Martin. Will was previously a supply chain consultant at PwC and has led major procurement programmes at Jaguar Land Rover.

Milana Chamberlain, Partner, Norton Rose 

The obligations, within M&A of human rights in the supply chain and issues arising under the UK Modern Slavery Act.

Milana Chamberlain is a corporate finance lawyer and a senior member of our business ethics and anti-corruption group based in London with more than 15 years of working experience in Central and Eastern Europe. Currently she is advising on the reporting obligations and issues arising under the UK Modern Slavery Act, human rights in supply chains and other challenges faced by businesses in relation to human rights in their operations. Milana has been a member of the working group conducting a research project on human rights due diligence run jointly by the British Institute of International and Comparative Law and Norton Rose Fulbright.

Izzy Khan, Global Category Lead MA&D, GSK

How procurement can integrate without strangling a target in red tape – especially where an established business is buying a much smaller company.

Educated in Finance, Economics and International Relations Izzy has risen through the ranks at GSK. Starting with the Future Leaders programme and currently as category lead for the MA&D team Izzy leads the procurement of all outsourced services for GSK M&A activity.

Fee

The cost to attend this event is £15.00 inclusive of vat which will be added at the end of the booking process.

Venue

Norton Rose

More London Riverside

London

SE1 2AQ

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