When a global brewer decided to acquire a company in a new geography, it turned to Accenture to help it optimize and integrate procurement operations. With proven methodologies and deep skills in strategy and execution, Accenture Strategy developed and launched a new procurement operating model via a two-phase approach.
In the pre-merger phase, Accenture Strategy worked with leaders from both companies in a “clean room” environment to identify cost-saving opportunities, target performance improvements, design the new procurement operating model and formulate solid integration plans. In the post-merger phase, Accenture Strategy rapidly implemented the new model. This involved establishing centralized back-, middle- and front-office procurement capabilities, executing a new transportation strategy, introducing new sourcing capabilities, and implementing a proprietary “closed-loop” zero-based budgeting solution.
With Accenture’s help, the brewer was able to significantly accelerate the realization of value. Within just six months after the acquisition’s completion, the brewer had saved approximately $50 million in procurement costs—and identified another $40 million in future savings.