The Hackett Group Enhances its Procurement Offerings With Category Insight
MIAMI & LONDON -- October 8, 2013
The Hackett Group, Inc. (NASDAQ: HCKT) has announced a significant new
capability as part of its services for Procurement leaders, a series of
Category Insight Reports. Each report offers empirical analysis to streamline
the market research and intelligence efforts of procurement professionals.
Initial reports will cover an array of indirect spend areas, including:
commercial printing; maintenance, repair, and operations suppliers; temporary
labor; and facilities management.
The Category Insight Reports are designed to complement the operational
research, advisory, procurement strategy and insights, benchmarks, consulting
expertise, and other research and transformation capabilities The Hackett
"We've developed an exceptional reputation for providing our clients with
transformational insights, including performance metrics, to improve the
efficiency and effectiveness of their procurement organization and other
business services areas," said Global Procurement Advisory Practice Leader
Chris Sawchuk. "With these new reports, The Hackett Group dramatically extends
our reach in procurement. The reports, which combine both category market
intelligence along with our sourcing and procurement expertise and best
practices, are designed to offer procurement leaders the insight to both
accelerate and improve their category sourcing and management efforts.”
Each of The Hackett Group's Category Insight Reports include the following
Category Overview - High-level overview of the market, past and projected
growth rates and other relevant macro information.
Key Market Trends - An explanation of current trends in the industry, factors
influencing those trends and potential implications.
Cost Structure - An overview of the industry cost structure and trends
Competitive Landscape - Identifies and profiles key industry players.
Category Tools - Key tools to leverage when sourcing specific categories.
Capability Maturity Model (CMM) - A spectrum of sourcing and procurement
capability maturities from lagging to leading.
Best Practices - Proven techniques for success in this category across
transacting, sourcing, supplier management, etc.
Channel Design - Optimal execution options across each major activity from
source to pay.
Additional Resources - External resources for additional category information.
Category Insight Reports are available to members of The Hackett Group's
Procurement Advisory programs, and will be leveraged to enhance our sourcing
and procurement transformation client engagements. More information, and an
excerpted version of the initial report covering the commercial printing
category, is available at
About The Hackett Group
The Hackett Group (NASDAQ: HCKT), a global strategic business advisory and
operations improvement consulting firm, is a leader in best practice advisory,
business benchmarking, and transformation consulting services including
strategy and operations, working capital management, and globalization advice.
Utilizing best practices and implementation insights from more than 8,500
benchmarking studies, executives use The Hackett Group's empirically-based
approach to quickly define and implement initiatives that enable world-class
performance. Through its REL group, The Hackett Group offers working capital
solutions focused on delivering significant cash flow improvements. Through
its Archstone Consulting group, The Hackett Group offers Strategy & Operations
consulting services in the Consumer and Industrial Products, Pharmaceutical,
Manufacturing, and Financial Services industry sectors. Through its Hackett
Technology Solutions group, The Hackett Group offers business application
consulting services that help maximize returns on IT investments. The Hackett
Group has completed benchmark studies with over 3,500 major corporations and
government agencies, including 97% of the Dow Jones Industrials, 84% of the
Fortune 100, 87% of the DAX 30 and 48% of the FTSE 100.
More information on The Hackett Group is available: by phone at (770)
225-7300; by e-mail at email@example.com.
The Hackett Group
Gary Baker, 917-796-2391
Global Communications Director
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