Profile: Hackett Group Inc (HCKT.OQ)
24 Apr 2015
The Hackett Group, Inc. (Hackett), incorporated on April 23, 1997, is a global advisory firm. The Company’s services include advisory, benchmarking, and transformation consulting services, including shared services, off shoring and outsourcing advice. The Company operates in the business and technology consulting services segment. Through its Archstone Consulting group, Hackett offers strategy and operations consulting services in the consumer and industrial products, pharmaceutical, manufacturing and financial services industry sectors. Through its REL group, Hackett offers working capital solutions focused on delivering cash flow improvements. Through its enterprise resource planning solutions group (ERP Solutions), Hackett offers business application consulting services that help maximize returns on information technology (IT) investments.
The Company provides a range of services, including executive advisory programs, benchmarking, business transformation and technology consulting services. The Company has completed engagements in a variety of industries, including automotive, consumer goods, financial services, technology, life sciences, manufacturing, media and entertainment, retail, telecommunications, transportation and utilities. The Company’s revenue is principally derived from fees for services generated on a project-by-project basis. Additionally, it earns revenue from the sale of software, software licenses and maintenance contracts.
Executive Advisory Programs
The scope of Company’s advisory programs is defined by business function (Executive Advisory) and by end-to-end process coverage (Process Advisory). The advisory programs include Advisor Inquiry, Best Practice Research, Peer Interaction and Best Practice Intelligence Center. The Company’s inquiry services are used by clients for access to fact-based advice on approaches and methods of selling, general and administrative processes (SG&A). Its research provides detailed insights into the approaches in use at organizations that yield business results. Member-led webcasts, annual conferences, annual member forums, membership performance surveys and client-submitted content, provide ongoing peer learning and networking opportunities.
The Company’s benchmarking services has measured and evaluated the enterprise functions for over 3,500 organizations globally. This includes 97% of the Dow Jones Industrials, 83% of the Fortune 100, 87% of the DAX 30 and 48% of the FTSE 100. Ongoing studies are conducted in a wide range of areas, including selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, shared service centers and working capital management.
The Company’s Business Transformation programs help clients develop a coordinated strategy for achieving performance improvements across the enterprise. Its capabilities include operational assessments, process and organization design, change management and the effective application of technology. The Company offers services which are designed to help companies improve cash flow from operations through improved working capital management, reduced costs and increased service quality.
The ERP solutions help clients choose and deploy the software applications that meet their needs and objectives. It offers services, such as planning, architecture, and vendor evaluation and selection through implementation, customization, testing and integration. It also provides offshore application development and support services. These services include post-implementation support for business application platforms. The ERP solutions group also includes a division responsible for the sale and maintenance support of the SAP suite of ERP applications.
Hackett Group Inc
1001 Brickell Bay Dr Ste 3000
MIAMI FL 33131-4905