Consultancy.uk, “The Six Pillars for Building a World-Class Procurement Function,”

Research by The Hackett Group reveals that evolving beyond a firm’s ‘standard’ procurement function is key to more effective, efficient and agile operations. But what makes for a ‘world-class’ procurement team? According to the researchers, there are six key pillars for achieving superior performance.

For decades The Hackett Group has been conducting research into best practices in procurement, and what makes for world-class procurement. The company’s research has consistently identified that world-class functions, those which perform in the top quartile for both business value and operational excellence are much better for themselves and the business stakeholders they serve, including executive level management.

Source: Consultancy.uk