June 30, 2016
Procurement 2.0: The Funding Engine for Private Equity Investors in 2016
As competition across the private equity market continues to heat up and funds look for their next actionable win, procurement optimization remains one of the most tangible value drivers to quickly boost operational performance within portfolio companies. A strong procurement function that delivers sustainable savings acts as a funding engine for more complex, strategic operational initiatives in other key investment areas.
While many mature organizations have already recognized the value of establishing solid procurement teams, senior management in the core and upper-middle-market is now beginning to leverage these practices to efficiently extract additional value.