PRTM names Hackett as primary outside sales channel for benchmarks
Atlanta and Waltham, MA — May 14, 2004 — The Hackett Group, a business advisory firm and an Answerthink company, this week announced that it will offer supply chain benchmarking services through an alliance with PRTM's Performance Measurement Group (PMG).
The addition of supply chain to Hackett's existing array of benchmarking services is part of an ongoing expansion designed to provide clients with a single source for guidance and advice driven by empirical data, according to the firm. PMG's supply chain benchmark services will be offered in combination with other Hackett offerings for clients to obtain a comprehensive analysis of key business support functions.
Hackett said benchmarking is a key component of supply chain performance management and a tested method for setting business goals to drive results. The firm added that it helps companies understand how their performance levels and practices compare to competitors, and how these impact companies' abilities to gain market share.
Under the agreement, Hackett will be the outside sales and marketing channel for PMG supply chain benchmarking services, with PMG and PRTM continuing to execute the supply chain benchmarking engagements. PRTM will continue to offer versions of PMG's supply chain benchmarks as part of its own consulting engagements and with other alliance partners including SAP and the Supply-Chain Council.
The alliance was announced at Hackett's 14th-annual Best Practices Conference "World-Class Response to the Return of Growth" in Atlanta. The conference, which was attended by more than 200 senior executives, included a keynote by GE Power CEO (and former chief financial officer) John Rice, and presentations by executives from Alcoa, Bank of America, BellSouth, Carlson, Florida Power, Georgia-Pacific, InterContinental Hotels, Kohler, Motorola, Northrop Grumman, Owens Corning, Turner Broadcasting, Unisys, Williams Co.'s and others.
According to Hackett President Wayne Mincey, "Supply chain is a key area where companies are focused on driving down cost and improving effectiveness. This alliance will enable Hackett to offer clients access to empirical data and best practices to drive their improvement initiatives in supply chain."
Mincey added that Hackett will continue to expand its functional capabilities to meet clients' needs. "The alliance with PRTM's Performance Measurement Group is the next logical step in this strategy," he said.
The geographic scope of this alliance includes the United States, Canada, France, Germany, the United Kingdom and Japan.