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Hackett: Procurement Renews Focus On Cost Reduction as its Top Priority

The Hackett Group

Other critical development areas include category management, sustainable procurement, third-party risk management and supplier relationship management. Data analytics was one of several improvement initiatives deemed to be of high importance but low maturity, making it a critical development area.

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The Business Benefits of Impact Sourcing: Beyond Social Good

NoonDalton

In today’s fast-evolving business landscape, the integration of Environmental, Social, and Governance (ESG) principles into corporate strategies is not just a trend but a fundamental shift in how businesses operate and thrive. They are strategic decisions that reinforce our commitment to sustainable and inclusive business practices.

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Will Ukraine’s Invasion Have a Domino Effect on Other Geopolitical Equations? | Blog

Everest Group

The Russian military action in Ukraine has already significantly impacted thousands of services jobs in this region, but the potential reverberations to nearshore European countries and the larger global services industry could be far more damaging – making it essential to integrate geopolitical risk management in your decision-making now.

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Six Levers for Digital World-Class Procurement Performance

The Hackett Group

They are also able to deliver higher-value services – for example, better stakeholder engagement, supplier relationship management and product innovation. times return on investment (ROI) advantage over their peers and are 85% more likely to be viewed by stakeholders as taking a proactive approach to supply risk mitigation.