Methodology

Methodology

V2H

V2H is our 4-step methodology that allows our clients to take a successful approach to the better management of indirect services management.  Unlike many of the large global consultancies that take an “all or nothing” approach, HCMWorks takes a unique approach that creates a clear roadmap to organizational success.

Transactional vs. Strategic

As many procurement departments continue to try and transform themselves from a transactionally based purchasing department to a strategically orientated supply chain management organization, HCMWorks assists our clients in that endeavor.  By moving departmental focus away from the transaction and onto the overall strategy, HCMWorks assists our clients in this transformational process.  Via implementation of market available technologies, domain expert focused category managers and innovative sourcing techniques, we create an organization that can meet tomorrow’s sourcing needs today.

Sustainability

Mitigate the Law of Diminishing Returns.  While not easily said or done, sustainability is essential to the development of a best in class indirect services management program.  Historically within organizations we have seen the application of traditional direct sourcing methodologies applied to the indirect categories.  However, these programs are often first year successes but results plummet after the first year’s realized results.  HCMWorks creates sustainable programs that can continue to prove results well beyond years 2, 3, & 4.  In a recent client case, we saw year 4 savings return back to year two previous optimization.  Market conditions assisted these results; however, without a sustainability process put in place, the year 4 opportunity would never have been realized.

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.