Houston Chronicle

Structure of a Procurement Organization

A functional and cohesive procurement policy is vital to improving profitability. While clear standard operating procedures are important, it takes more to create efficiencies. The procurement ...
Houston Chronicle

Organizational Structure for Procurement

Procurement department organizational structures often -- but not always -- reflect the organizational structure of your business. Additional factors, such as communication patterns, the size of your ...
Nasdaq

The Hackett Group: Digital Transformation Can Enable Typical Procurement Organizations to Reduce Cost by 45% As They Deliver Greater Value, Improve Customer Experience

MIAMI & LONDON--(BUSINESS WIRE)-- Through full deployment of digital tools, typical procurement organizations can reduce operational costs by up to 45%, achieving efficiency levels below those of ...
Business Wire

Hackett: World-Class Procurement Organizations See 21 Percent Lower Labor Costs, While Digital Transformation Continues to Raise the Bar on Procurement Performance

MIAMI & LONDON--(BUSINESS WIRE)--World-class procurement organizations now operate at 21 percent lower labor costs than peers and have 29 percent fewer staff, according to new world-class performance ...