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Improving the value proposition of procurement is one of the fundamental
aims of any procurement organisation, but if anyone out there thought
that revolution was the best way to achieve this they would be missing
the point – according to new research by the
Hackett Group, evolution is the key.
After examining the practices employed by hundreds of procurement
organisations Hackett has identified a series of stages that they
believe every company passes through as they go from a “traditional
purchasing organisation” to an integral part
of any businesses strategic operations. And the shift is certainly not
something that happens overnight, as Hackett Procurement Practice
Leader, and co-author of the report, Chris Sawchuk told ELP.
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For more information on the Hackett research described in this press
coverage, visit: http://www.thehackettgroup.com/news
For more press coverage of Hackett’s research
and insights in leading business and trade publications, visit: http://www.thehackettgroup.com/press/
About The Hackett Group
The Hackett Group, a global strategic advisory firm and an Answerthink
company (NASDAQ: ANSR), is a leader in best practice research and
advisory programs, benchmarking and transformation consulting services,
including shared services, offshoring and outsourcing advice. Utilizing
best practices and implementation insight from more than 4,000
benchmarking studies, executives use Hackett's empirically based
approach to quickly define and prioritize initiatives, and to leverage
proven strategies that enable world-class performance.
Through its sister company REL, Hackett offers working capital solutions
focused on delivering significant cash flow improvements. Hackett has
worked with 2,700 major corporations and government agencies, including
97% of the Dow Jones Industrials and 73% of the Fortune 100.
More information on The Hackett Group is available: by phone at (770)
225-7300; by e-mail at info@thehackettgroup.com;
or on the Web at www.thehackettgroup.com.