Major Acquisition Integration Success Leads to $350K in Annual Savings
Situation at Hand
The client, a medium-size aerospace manufacturer, had been acquired by a larger Multinational Corporation (MNC). The MNC had plans to integrate its engineering processes and Product Lifecycle Management (PLM) tools within the acquired company. In order for a successful integration, the acquired company required leadership assistance.
Problem to Solve
The MNC desired to achieve the acquisition integration within a suitable time frame. However, the acquired company already had their own processes and PLM databases in place and expressed hesitation towards the proposed change. If the client resisted the integration, it could cost the MNC millions of dollars and delay the overall acquisition plan.
Approach and Solution
Working collaboratively with the two entities was necessary to lead the integration and provide reporting to management. The configuration management integration of the acquired company required a structured approach. A checklist of the critical tasks that needed to be addressed was developed during a workshop. This provided clear visibility and comprehensive understanding of the situation for both the client and the MNC. Throughout the process, integration efforts were communicated through various channels to ensure continued understanding across the organization. Finally, a team was formed to direct leadership and resources, and to oversee the deployment of the acquisition strategy.
$100,000+ of annual savings…including licensing, maintenance fee, integrated object viewing
$250,000+ of annual savings…through configuration management resource sharing