World-class procurement executives spend 27% more than their peers on technology, despite the fact that they spend dramatically less on procurement operations overall, according to the latest Book of Numbers research into procurement practices and performance metrics from The Hackett Group, a business process advisory firm.
According to Hackett’s research, increased spending and improved leverage of existing technology investments are key strategies that enable world-class procurement executives to shift spending away from transactional activities and towards work that provides higher strategic value and improves effectiveness.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
