HCMWorks Archives

Posts Tagged ‘procurement transformation’

Procurement Transformation: How to Keep the “Strategy” in Strategic Sourcing

How to keep the “Strategy” in Strategic Sourcing…  (Procurement Transformation) Observations from SIG Toronto This week HCMWorks sponsored the Sourcing Interest Group’s (SIG) Innovation Forum in Toronto.  This year’s event drew close to 100 procurement professionals predominately from Canada with a small U.S. contingency.  The event was hosted by Telus in their LEED CS (Core... Read the full article here

2011 Procurement Analysis & 2012 Procurement Predictions

Procurement Industry Trends and Analysis 2011 & 2012. Where to find procurement success using new technology and procurement processes. ... Read the full article here

Procurement Professionals, Getting it Done – New Videos Posted

First in the Series of Videos Posted. Hear from Tim Houghton, former Procurement Executive with Baxter Healthcare, BellSouth & Bell Canada discuss 3 current challenges to all procurement organizations.  Tim will share with our audiences about: Procurement Transformation Change Management – Executive Sponsorship Attacking Indirect Procurement, Where to Begin? Please visit HCMWorks Video Library to... Read the full article here

HCMWorks Announces Procurement Professional’s Video Library

HCMWorks Announces Procurement Professional’s Video Library We are very excited to be releasing a comprehensive video series that will air on our website at www.hcmworks.com.  Over the next few months we will begin to feature Fortune 500 Procurement Executives discussing their challenges, successes and best practices as they relate to indirect procurement.  Besides on our... Read the full article here

Savings and Procurement Transformation – Tim Houghton (1m29s)

Savings and Procurement Transformation Tim Houghton, Procurement Executive, Baxter Healthcare, BellSouth & Bell Canada Different procurement operations are at varying stages of maturity and operational structure.  Regardless if centralized or decentralized; mature or junior, there are savings opportunities to be had.  Listen to Tim Houghton, seasoned procurement Executive & former CPO, shares his visions on... Watch the Full Video Here

Observations: Post deployment of Ariba

HCMWorks implemented Ariba's P2P services procurment platform in record time. Ariba customers can now explore indirect procurement in a meaningful and rapid way. HCMWorks has time and time again, continued to prove that a unified and consolidated program that captures all indirect services expenditures and complex categories is not only achievable, the results make it a compelling business case to accelerate the efforts. ... Read the full article here

Learn How Procurement Can Generate Revenue

HCMWorks implemented a contingent labor management system to save $5M in annual spending and generate $7M in tax revenue. Large North American companies can benefit greatly by strategically managing indirect procurement expenditures.... Read the full article here

What’s Your Procurement Management Style?

What’s Your Procurement Management Style? by Dan Roehrs, VP, Business Development The other day, I was playing with a friend’s new iPad.  While I haven’t taken the plunge just yet on a tablet, I did find it interesting that what I was holding was most certainly the direction my kid’s technology platform going forward.  When... Read the full article here

Is Your Company “Emotionally Profitable”?

Is Your Company “Emotionally Profitable”? by Ted Weyn, Managing Partner In a great meeting with a leading CPO for a non-profit organization today, HCMWorks delivered a question to the CPO;  Is Your Company Emotionally Profitable? Of course he inquired, “What is Emotional Profitability”?  Emotional Profitability goes beyond dollars and cents.  It’s when the the buyer-supplier... Read the full article here

Feb 2011 – HCMWorks launches its 2011 Survey on Indirect Services

HCMWorks has released its 2011 survey and will be collecting and compiling the data from its 10,000+ user community. In this year’s study we will be focusing on 4 key areas: 1. Visibility – Data 2. Process – Technology 3. Categories – Where is the pain? Where is the desire? 4. Action -What will be... Read the full article here

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