World-Class Procurement: 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Learn how executives are shattering outdated operating models to usher in innovative ways to deliver new levels of agile business services. The next normal requires Procurement to retool and reenergize the workforce, while operating under unprecedented cost and resource pressures.

World-class Procurement organizations are better prepared for the challenges ahead. In fact, world-class Procurement functions operate at a 20% lower cost with 28% fewer staff. As a results, they achieve a 2.2 times higher return on investment than their peers and are five times more likely than peers to be seen by stakeholders as a valued business partner.¹

Download The Hackett Group’s complimentary research and learn more including:

• How World-class Procurement organizations create business value
• What world-class means for your Procurement organization
• The digital efficiency advantage, including where and how much
• Reimagining procurement capabilities in the next generation operational model
• Practical ways to jumpstart your Procurement organization’s digital transformation

¹ Procurement, Performance Benchmark Analysis, The Hackett Group, 2020