ANSR Hackett Grp., Inc.(The) (MM)

Improving the value proposition of procurement is one of the fundamental aims of any procurement organisation, but if anyone out there thought that revolution was the best way to achieve this they would be missing the point � according to new research by the Hackett Group, evolution is the key. After examining the practices employed by hundreds of procurement organisations Hackett has identified a series of stages that they believe every company passes through as they go from a �traditional purchasing organisation� to an integral part of any businesses strategic operations. And the shift is certainly not something that happens overnight, as Hackett Procurement Practice Leader, and co-author of the report, Chris Sawchuk told ELP. Click Here to Link to Full Text of Article or visit the following URL: http://www.europeanleaders.net/resourcecentre/archive-search/ latestarticles/improving-procurement-value/ (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field.��Remove the extra space if one exists.) For more information on the Hackett research described in this press coverage, visit: http://www.thehackettgroup.com/news For more press coverage of Hackett�s research and insights in leading business and trade publications, visit: http://www.thehackettgroup.com/press/ About The Hackett Group The Hackett Group, a global strategic advisory firm and an Answerthink company (NASDAQ: ANSR), is a leader in best practice research and advisory programs, benchmarking and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insight from more than 4,000 benchmarking studies, executives use Hackett's empirically based approach to quickly define and prioritize initiatives, and to leverage proven strategies that enable world-class performance. Through its sister company REL, Hackett offers working capital solutions focused on delivering significant cash flow improvements. Hackett has worked with 2,700 major corporations and government agencies, including 97% of the Dow Jones Industrials and 73% of the Fortune 100. More information on The Hackett Group is available: by phone at (770) 225-7300; by e-mail at info@thehackettgroup.com; or on the Web at www.thehackettgroup.com.