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A Successful Approach to Procurement Value Recognition

Procurement is mostly recognized for its successes in reducing and avoiding purchase costs. However, in the era of doing more with less this is no longer enough, and top-performing organizations are investing more in value-channel activities that track ways value is created beyond purchase-price reductions alone.

Download The Hackett Group’s paper and you will learn:

  • Recognition metrics that should be on every procurement organization’s scorecard
  • Example value streams for leading procurement organizations
  • How purchase and non-price cost reduction value streams are credited to procurement
  • How cost/spend avoidance value streams are credited to procurement
  • How strategic value streams are credited to procurement
  • Recommendations for your organization

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