Procurement After the Recession: Are You Emerging Truly Stronger - or Just Leaner? By Pierre Mitchell and Kurt Albertson, The Hackett Group
White Paper > 10/21/2009
Procurement
Most procurement organizations indicate that, having used the recession to reduce costs as well increase their strength and agility, they expect to emerge leaner and stronger once the recovery comes. But their improvements, while good as far as they go, are just table stakes. Those that use the downturn to deepen their relationships with internal customers and suppliers; start measuring themselves on how well they perform high-value activities; introduce more variability into their cost structure; and build a portfolio of more strategic services and capabilities through a well-crafted procurement model can expect to emerge not just organizationally stronger, but also more agile and better able to help the organization through a stronger value proposition.
Read this report now to be prepared for this new state of normal. For organizations that have been able to not only trim down, but also increase their strength and agility, the recession has offered an opportunity to improve current and future performance.
