Webinars

Given the recent interest in procurement outsourcing, ICG Commerce has launched a series that will help you to learn more about procurement outsourcing and how companies are using outsourcing to increase the benefits that procurement can drive for their organizations.

How IT Leaders Are Capturing Missed Savings Opportunities

Hosted By Information Week

October 6, 2009

According to The Hackett Group, three in four companies have failed to drive enough SG&A reductions to offset declining revenues. Facing increased pressure for cost reductions, IT leaders from companies like Whirlpool, Kimberly-Clark and Hertz are responding by gaining greater control over project expenditures – a large but largely under-managed area of spending.

According to a recent performance study, IT organizations typically "self-source" these purchases (e.g., custom software applications, one-time hardware purchases, consulting services, network appliances, etc.) due to the lack of capacity and specialized IT expertise within the Procurement department. As a result, IT resources are taken away from core business activities, and a rigorous sourcing process is typically not applied – leaving tens of millions of savings and additional value on the table.

Find out how IT leaders are aggressively managing these purchases, through access to market intelligence and improved spend visibility, and contributing significant cost savings to the business.

During this webcast, Honorio Padrón of the Hackett Group and Carl Guarino of ICG Commerce share:

• Recent research findings on an untapped source of significant savings



• How IT leaders are gaining visibility to missed savings opportunities within their organizations



• How to quickly and effectively start driving cost savings – without sacrificing critical resources or activities

Presenters:

View Archived Webinar

Capturing the Missed Savings on Under-Managed Spend

Hosted By CFO

September 24th, 2009

Despite widespread adoption of formal cost reduction efforts, a recent Hackett study reported that three out of four Global 1000 companies are not generating cost reductions that match declining profits. At the same time, many companies still lack control over indirect expenditures, forfeiting hundreds of millions in cost savings opportunities.

Finance leaders at companies such as Whirlpool, Kimberly-Clark and Hertz are leveraging their influence across business units, along with innovative outsourcing solutions, to attack these expenditures and drive significant cost reductions. Many are getting started by addressing an area of spend that, according to The Hackett Group, is an untapped source of immediate savings.

During this webcast, Tom Willman of the Hackett Group and Carl Guarino of ICG Commerce share:

• How Finance executives can drive significant reductions in outside expenditures



• Findings from a recent Hackett study that highlight an area of hidden cost and opportunity for immediate savings



• How to quickly and effectively start capturing these cost savings

Presenters:

View Archived Webinar

To view other archived webinars on procurement outsourcing, please click here.