HCMWorks Archives
Archive for June, 2010
June 2010 — HCMWorks Launches New Resource for Procurement Executives
HCMWorks Launches New Resource for Procurement Executives Website Provides Best Practices for Indirect Services Procurement Community Alpharetta, GA (PRWEB) June 29, 2010 — HCMWorks, a leading North American provider of Indirect Services Procurement Solutions, today announces the launch of their newly revamped Web site at www.hcmworks.com. “ We look forward to interacting with the procurement... Read the full article here
Managed Services Provider…Should they own your vendor contracts or not?
Managed Services Provider…Should they own your vendor contracts or not? by Julia Fournier, HCMWorks, Managing Partner Managed Service Providers (MSP) have the responsibility in most instances for the overall performance of the supplier that they manage. It is important, when setting up a managed service program to lay the right foundation. Most importantly the foundation... Read the full article here
Tim Houghton, former SVP & Chief Sourcing Officer of Bell Canada
Tim Houghton, former SVP & Chief Sourcing Officer of Bell Canada Timothy (Tim) D. Houghton is the former Senior Vice President and Chief Sourcing Officer of Bell Canada. Mr. Houghton was responsible for Bell’s recent cost transformation efforts. Through Mr. Houghton’s expertise, Bell has experienced significant savings and efficiencies in how they manage the costs... Read the full article here
Canda Rozier, former SVP/CPO First Data
Canda Rozier, former SVP/CPO First Data Canda Rozier is a former Chief Procurement Officer and successful leader with global expertise in helping companies with cost reduction and business or operational transformation for procurement, strategic sourcing, vendor management and real estate/facilities management. She is currently the Owner and Principal at Canda S. Rozier, LLC, an independent... Read the full article here
When “you don’t know what you don’t know” – Understanding the Value of Analysis
Many organizations we work with continue to struggle with indirect procurement, especially services, due to the lack of detailed spend data visibility.
The core elements of data required to make solid strategic decisions are often unavailable in typical ERP and Procurement Catalog type systems. However, we find the problem to be even more rudimentary than that: many of the companies we speak with tell us "We don't know what we don't know." In other words, they are uncertain which key business metrics need to be collected in order to make strong strategic procurement decisions that will materially impact savings and corporate goals.... Read the full article here
Blueprint Series: Assessing Supplier Performance
Executive Summary Two seemingly opposite trends in supplier management are gaining traction in the marketplace. According to an Institute of Supply Management survey of leading national purchasing and supply professionals, “partnering” and “e-commerce” are currently viewed as the two most important tools or solutions for supply-chain management and purchasing. E-procurement and supply-chain management systems primarily... Read the full article here
Kimberly Smokey, Director of HCMWorks’ Value Creation and Former SVP & Director of Indirect Procurement and Corporate Services
Kimberly Smokey, Director of HCMWorks’ Value Creation and Former SVP & Director of Indirect Procurement and Corporate Services Kimberly Smokey has 20 years progressive executive experience in the Finance, Insurance and REtail (FIRE) industry, with the last 11 years focused on various aspects of global sourcing and procurement strategies. She possesses proven record of success... Read the full article here
June – Indirect Services Successfully Managed with a Rate Comparison Tool – Kimberly Smokey
How can a rate comparison tool help organizations manage Indirect Services procurement? A rate comparison tool is one of the best mechanisms available to a sourcing organization to assist with managing the complex set of options associated with Indirect Services categories. It also provides a mechanism to optimize process efficiencies, while generating significant cost savings. All without requiring mandates or creating and enforcing auditable policies.... Read the full article here
About HCMWORKS
Indirect Procurement intelligence beyond what our competitors provide:
We don’t just guide our clients on what they can achieve, we help them achieve it.
- Beyond analysis and strategy, our teams of experts assist our clients by implementing successful change management and adoption programs that ensure sustainability and success.
- Technology Agnostic. We don’t believe systems are a “one size fits all.” Our analysis of your firm’s expenditures reveals the best market solutions based on your corporate goals, cultural nuances and definitions of business success.
- Create enterprise intelligence on a single platform for tremendous indirect procurement visibility.
- Our programs can be deployed from analysis to implementation within 3-6months with a rapid return on investment.
- Proof-of-Concept. We can start slow then move fast. Let’s collectively demonstrate
to all constituents what success can look like.
