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

Supply management executives are discovering fresh value in group purchasing organizations and unlocking new savings through buying consortia. Recent cost increases are presenting a continuing and defining challenge for U.S. companies fighting to protect their margins without pushing price increases upon the consumer. But CEOs and other executives in senior management all too often focus on direct material costs and overlook the opportunities to be found in taking a total cost management approach to indirect costs, where dramatic savings often can still be realized. For supply management professionals, of course, total cost management remains an exciting topic, and many are using a tool that has yet to be fully tapped: the group purchasing organization (GPO), also known as the consortium. This article includes insights from Hackett Research Director Pierre Mitchell on how companies can more effectively evaluate GPOs, when to use them, and how to get the most out of them. Click Here to Link to Full Text of Article Or visit the following URL: http://www.isourceonline.com/article.asp?article_id=9038 Visit The Hackett Group�s �In the News� archive for more coverage of Hackett�s research and insights in leading business and trade publications. Click Here to Link to Hackett �In the News� Press Coverage Archive. Or visit the following URL: http://www.thehackettgroup.com/press/ About The Hackett Group The Hackett Group, a strategic advisory firm and an Answerthink company (NASDAQ:ANSR), is a global leader in best practice research, benchmarking, and business transformation services that enable world-class performance across selling, general & administrative (SG&A) and supply chain activities. Through the acquisition of REL Consultancy Group, we offer Hackett-REL Total Working Capital services to liberate cash flow from operations. Hackett provides strategic insight, best practice advice and implementation services grounded in performance metrics obtained through 14 years and 3,500 benchmark studies at 2,100 of the world�s leading companies. Supply management executives are discovering fresh value in group purchasing organizations and unlocking new savings through buying consortia. Recent cost increases are presenting a continuing and defining challenge for U.S. companies fighting to protect their margins without pushing price increases upon the consumer. But CEOs and other executives in senior management all too often focus on direct material costs and overlook the opportunities to be found in taking a total cost management approach to indirect costs, where dramatic savings often can still be realized. For supply management professionals, of course, total cost management remains an exciting topic, and many are using a tool that has yet to be fully tapped: the group purchasing organization (GPO), also known as the consortium. This article includes insights from Hackett Research Director Pierre Mitchell on how companies can more effectively evaluate GPOs, when to use them, and how to get the most out of them. Click Here to Link to Full Text of Article Or visit the following URL: http://www.isourceonline.com/article.asp?article_id=9038 Visit The Hackett Group's "In the News" archive for more coverage of Hackett's research and insights in leading business and trade publications. Click Here to Link to Hackett "In the News" Press Coverage Archive. Or visit the following URL: http://www.thehackettgroup.com/press/ About The Hackett Group The Hackett Group, a strategic advisory firm and an Answerthink company (NASDAQ:ANSR), is a global leader in best practice research, benchmarking, and business transformation services that enable world-class performance across selling, general & administrative (SG&A) and supply chain activities. Through the acquisition of REL Consultancy Group, we offer Hackett-REL Total Working Capital services to liberate cash flow from operations. Hackett provides strategic insight, best practice advice and implementation services grounded in performance metrics obtained through 14 years and 3,500 benchmark studies at 2,100 of the world's leading companies.