Sourcing & Procurement Insights

2023 CPO Agenda: Procurement Top Priorities and Critical Actions to Succeed
Research

Organizations are changing their spending patterns to improve margins and find cash flow to prepare for potential challenges. Technology continues to play a key…
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World-Class Advantage: Transforming Procurement to Prevail in the Next New Normal
Research

World-Class Advantage: Transforming Procurement to Prevail in the Next New Normal

Learn how executives are shattering outdated operating models to usher in innovative ways to deliver new levels of agile business…
Procurement 2025: Equipping a Multigenerational Workforce With the Skills for Success in a Digital Environment
Research

Procurement 2025: Equipping a Multigenerational Workforce With the Skills for Success in a Digital Environment

According to a World Economic Forum report, the proportion of core skills required to perform a job will shift significantly…
Smart Automation: Unlock the Full Potential of Procurement Digital Transformation
Research

Smart Automation: Unlock the Full Potential of Procurement Digital Transformation

Smart automation can dramatically accelerate procurement digital transformation and improve the bottom line. In fact, procurement organizations that deploy smart…
Procurement Value: Moving Beyond Price Savings Toward Strategic Value Recognition
Research

Procurement Value: Moving Beyond Price Savings Toward Strategic Value Recognition

Procurement is mostly recognized for its successes in reducing and avoiding purchase costs. However, in the era of doing more…
Blog

What Is Digital and How Does It Change the Way We Measure Value?

The Hackett Group’s research shows that addressing the impact of digital transformation on business has become the most critical imperative…
Blog

How B2B Networks Enable Digital Transformation

71% of purchase-to-pay organizations said they expect the digitalization of B2B transactions to have a more transformational impact on the…
Contract Cash Scoring
Research

Contract Cash Scoring

Contract cash scoring – an easy-to-implement approach for both procurement and sales – elevates attention to cash flow considerations before…
Benchmarking and Continuous Improvement: Procurement Digital Transformation Is Poised to Deliver a Quantum Leap
Research

Benchmarking and Continuous Improvement: Procurement Digital Transformation Is Poised to Deliver a Quantum Leap

World-class procurement organizations enjoy a 21% cost advantage over peers. As digital transformation progresses, our benchmarking data shows that procurement…
Procurement Value: Measuring Realized Savings
Research

Procurement Value: Measuring Realized Savings

Measuring savings on indirect spending is deceptively difficult. Achieving savings visibility requires a combination of technology, process expertise and coordinated…
Benchmarking: Continuous Self-Evaluation Is at the “Heart” of Sustainable Cost Optimization
Research

Benchmarking: Continuous Self-Evaluation Is at the “Heart” of Sustainable Cost Optimization

By moving to world-class performance levels, the typical company can save up to 17% in procurement costs that can be…

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