Sourcing & Procurement Insights
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2026 Procurement Key Issues
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Achieve Cost Leadership: How US Top Performers Use an Agentic Strategy to Slash SG&A Costs
Selling, general and administrative (SG&A) costs for U.S. enterprises have surged to 14.3% of revenue – the highest in five…
Master Cost Leadership Now: Learn from Europe’s Gen AI Leaders
Selling, general and administrative expenses (SG&A) costs have skyrocketed to 11.5% of revenue, the highest since 2020, with just 18%…
From Risk to Readiness: The Executive Playbook for Scaling AI in Procurement
Only a small share of procurement teams are realizing the promise of AI, yet leaders like Micron and McCormick are…
The AI Procurement Performance Gap
AI World Class research shows leading procurement organizations are redesigning procurement around artificial intelligence (AI) to generate up to 200% greater…
Benchmarking in the AI Age: What Matters Now
How is benchmarking evolving in the AI era, and how are leading organizations using it to set sharper targets, prioritize…
The Hackett Group® – As Seen on CNBC
Leading the way in Gen AI solutions, we are redefining what Digital World Class® performance looks like and accelerating your…
Kurt Albertson, Principal, Procurement Applied Intelligence North America, The Hackett Group®
Kurt Albertson, of The Hackett Group’s Procurement Applied Intelligence practice, discusses how AI can be leveraged in such areas as…
Jose Golding-Webb, Vice President, Global Procurement and Packaging Engineering, BIC
Jose Golding-Webb, of BIC, discusses how The Hackett Group® helped BIC evaluate the best tools for their organization.
Sourcing (with optimization) Solutions
Sourcing optimization is a subset of the broader sourcing segment that goes beyond generalist sourcing applications and capabilities to help…
Risk Management Solutions
In today’s volatile business environment, the importance of risk management in procurement and supply chain management cannot be overstated. Recent…
Contract Management Solutions
Contract lifecycle management (CLM) solutions are systems that automate the authoring, negotiation, execution, implementation, monitoring and renewal of B2B contracts…
Source-to-Contract Solutions
Source-to-contract (S2C) solutions suites are for automating upstream procurement processes, which include spend/supply analytics, sourcing (sourcing strategy and e-sourcing execution),…
Supplier Management Solutions
Supplier management is the default methodology to manage the lifecycle of suppliers. So, ‘supplier management’ concerns itself with ‘supplier lifecycle…
E-Procurement Solutions
An e-procurement solution automates, guides and approves the purchase and receipt of products and services through an electronic interface. These systems…
Source-to-Pay Solutions
Source-to-pay (S2P) solutions are end-to-end solution suites that span spend/supply analysis, sourcing, contract management, supplier management and transactional procure-to-pay (P2P) to manage…