World-class procurement organizations outperform their peers by striving
to provide unique value beyond cost reduction, including becoming a
trusted advisor to the business, driving supplier innovation, and
focusing on risk management, according to new research from The
Hackett Group , Inc. (NASDAQ: HCKT).
According to The Hackett Group's research, world-class procurement
organizations now operate at nearly 20 percent lower cost as a
percentage of spend than typical companies.
for Research Alert: How World-Class Procurement Organizations Outperform; Focus on Becoming Trusted Advisors, Driving Supplier Innovation investment picks