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
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.



