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Contract Labor Spend Management Yields Greater Control and Cost Savings, According to a New AberdeenGroup Research Study; New Report Provides Contract Labor Success Tactics and Profiles Seven High Achievers.


BOSTON -- A new AberdeenGroup research study confirms that enterprises are increasingly committed to using contract labor as a core human capital strategy, but they report having to proactively manage this complex expense line to ensure optimum performance.

Aberdeen's new report, "Best Practices in Category Spend Management: Contract Labor - Success Strategies for Consistency, Compliance, and Cost Savings," outlines the approaches, technologies, and change management strategies helping companies establish consistency in the contingent labor procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  process, and delivering cost savings dividends as well.

"High-profile corporate litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 cases such as the Microsoft perma-temp scandal of the late-1990s has heightened corporate awareness and focus on consistent and controlled approaches to using contract labor," said Christa Degnan, Aberdeen's research director and report author. "This has provided the impetus Impetus is a stimulus or impulse, a moving force that sparks momentum.

Impetus may also refer to:
  • Theory of impetus, an obsolete scientific theory on projectile motion, superseded by the modern theory of inertia
 for many firms to create centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 managed programs for procuring Procuring, in general, is the act of acquiring goods or services, usually by contract. It may refer to:
  • Procurement, a business process to acquire goods or services.
  • Procuring, the act of aiding a prostitute in the arrangement of a sex act with a customer.
 contingent workers contingent worker
n.
A temporary or part-time worker, usually one working under contract for a fixed period or a specific project.
; some of the benefits reported include risk avoidance, cost savings, and improved worker quality," notes Degnan.

The seven winning "Best Practice" companies featured in this report are Alcatel, AT&T Corp, Broadlane Inc., a Canadian utility that requested anonymity, GlaxoSmithKline PLC, Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU.

Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association.
 Inc., and Xerox Corp.

In addition to featuring the seven winning case studies, this report reviews each of the solution providers that were instrumental in the success of the technology deployments. Moreover, it provides five key tactics reported by the enterprises with the most improved travel cost management programs.

To obtain a complimentary copy of the report, go to Aberdeen.com or follow this link: http://www.aberdeen.com/link/sponsor.asp?cid=2029.

About AberdeenGroup, Inc.

AberdeenGroup provides fact-based research and insights focused on the global, technology-driven value chain. Aberdeen's benchmarking, market and solution assessments, sales acceleration programs, and conferences support Global 5000 value chain and technology executives and the solution providers who serve them. For more information, visit www.aberdeen.com or call 617-723-7890.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 2, 2005
Words:304
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