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The Hackett Group: 64% of Procurement Leaders Say AI Will Transform Their Jobs

1. 64% of procurement leaders expect significant AI transformations by 2025. 2. Procurement workloads will increase by 10% amidst AI advancements.

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Why Bullish?

The strong adoption of AI in procurement indicates a growing market for HCKT's consultancy services, enhancing future revenue potential.

How important is it?

The findings highlight a trend that aligns with HCKT's offerings, making them a central player in a lucrative field.

Why Long Term?

As AI adoption in procurement evolves over the next few years, HCKT's strategic positioning will likely yield substantial benefits.

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MIAMI--(BUSINESS WIRE)---- $HCKT #ai--The Hackett Group, Inc. (NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) strategic consultancy and executive advisory firm, today released findings from its 2025 Key Issues Study, revealing that AI is rapidly redefining procurement. Indeed, 64% of procurement leaders expect AI and Gen AI to transform their roles within five years. Despite this shift, procurement faces a critical challenge: workloads are projected to increase by 10% in 2025, while bud.

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