SOURCE: Emptoris, Inc.

Emptoris, Inc.

April 29, 2010 15:19 ET

"Demystifying Services Procurement: A Roadmap to Sustainable Savings"

Emptoris and HCMWorks Offer a Webinar Detailing Programs for Managing Outsourced Labor and Services

BURLINGTON, MA--(Marketwire - April 29, 2010) -  It is estimated that spending on outsourced services and labor accounts for 30 to 60 percent of total corporate spend at the average Global 2000 company. Whether it's IT, legal, accounting, real estate, facilities, or an array of consultants, the demand for outsourced services and labor is enormous at most organizations. In less than a decade, outsourcing has transformed into a critical management tool and a critical management challenge.

Despite the unique challenges of managing services spending, the possibilities for corporate value are significant. Services procurement initiatives often times yield double-digit percentage savings on services spend.

Emptoris, a leading provider of strategic supply management and enterprise contract management solutions, in conjunction with HCMWorks, a management consultancy in services procurement, has released a new webinar examining best practices in the procurement and management of outsourced services. 

"Most organizations, even those with mature procurement programs in place, tend to have little visibility into their services spend. Of course, you can't manage what you can't see. As a result, there are significant missed savings opportunities -- as well as missed opportunities for improved productivity and compliance. Getting services spend under tighter management should be a top priority at any organization that relies heavily on outsourced services. It's a substantial untapped opportunity," said Seth Wolins, General Manager for Services Procurement at Emptoris, Inc. 

The webinar, "Demystifying Services Procurement: A Roadmap to Sustainable Savings," examines best practices in implementing a global services procurement program, including:

  • How a well-rounded services procurement program can deliver significant financial, productivity and compliance value to an organization;
  • Trends in services procurement and why it's difficult to sustain long-term value if an organization does not have the right tools or process in place; 
  • Best practices and how to get a program kick-started, as well as lessons learned from the world's largest services procurement implementations.

The webinar is led by Jim Holbel, a services procurement expert with Emptoris, and the former P2P Systems Manager of Indirect Procurement at BP, the global energy company. Holbel is joined by Ted Weyn, Managing Partner at HCMWorks, leaders and pioneers in the field of human capital optimization and services procurement.

To view the webinar, visit www.purchasing.com or www.emptoris.com/solutions/services-procurement.asp.

Contact Information

  • For further information, contact:

    Dan Cahill
    (917) 617-0106
    Email Contact