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Adapted by Pierre Mitchell, Senior Business Advisor, from "2020 Vision: Delivering on the Evolving Value Proposition of Procurement," The Hackett Group 2008 Book of Numbers™ .
To move up the maturity curve, procurement executives need to understand where they currently are in terms of people, process and technology. The Hackett Procurement Capability Model expands on proven best practices that are correlated with world-class performance and organizes these practices by capability rather than tying them strictly to business processes. It also supports practical solutions by identifying weaknesses, predicting future staffing needs, prioritizing investments in tools and technology, and establishing better strategic alignment among all parts of the enterprise.
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