Procurement professionals may want to be on hand when the Hackett Group previews research at its 18th Annual Best Practices Conference, "20/20 Vision: Are You on the Right Path to World-Class?" at the InterContinental Hotel in Atlanta April 24 and 25.
The research, which quantifies spending, staffing, economic return, and other key efficiency and effectiveness metrics of world-class performance in procurement, finance, IT, HR and other areas in selling, general and administrative areas, will be one of several conference highlights. The two-day invitation-only event will also feature presentations by senior executives from more than 20 of the world's most successful companies, including Alcoa, Caterpillar, Corning, Hewlett-Packard and Phillips.
"The current economic uncertainty has many companies considering some tough choices, and it's easy in an environment like this to fall back on short-term thinking," says Hackett president Wayne Mincey. "But the best companies have always been looking out five years into the future, charting a course in ... key back office areas that supports their larger business strategy. Companies with staying power are the ones that have built strong and flexible infrastructures that enable them to predict and respond to shifts in demand and changes in the marketplace. That's the perspective we want to encourage with this year's conference."
Among the executives scheduled to present are:
Thomas Blumer, vice president of procurement and transportation, Corning Inc., whose topic is Vision 2010--Achieving Alignment and Delivering Sustainable Procurement Value; and Timothy King, vice president of global purchasing and procurement at Dow Chemical Company, whose talk is entitled Procurement at Dow--Partnering for Success Internally and Externally.
The Hackett Group is a global strategic advisory firm, specializing in best practice advisory, benchmarking, and transformation consulting services, including shared services, offshoring and outsourcing advice.
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