The Five Traits of ‘World-Class’ Procurement Organisations

According to a study by the Hackett Group, Inc., a global business consultancy, “world-class” procurement departments spend 20% less than average companies and have 27% fewer employees. Discover the 5 traits of these top organisations that go far beyond cost-cutting measures in this short and interesting article.

BPIR Categories

13.1 Develop and manage supplier/customer partnerships
5.2.2 Work with suppliers/outsourced contractors
5.2.4 Purchase materials & supplies
5.5.2 Manage inventories
6.2.2 Work with suppliers/outsourced contractors
6.2.4 Purchase materials & supplies