Corporate United to Host Employee Benefits Sourcing Seminar.CLEVELAND -- Complimentary Event to Provide Forum for Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. Executives to Explore Innovative Ways to Lower Costs While Maintaining Quality and Service Levels Corporate United, the leading group purchasing organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. , today announced that it will host an executive seminar on one of the most pressing issues facing companies in 2005: sourcing employee benefits. The complimentary event, which will be held on Thursday, February 17 at the Embassy Suites & Hotel in Independence, Ohio Independence is a city in Cuyahoga County, Ohio, in the United States. As of the 2000 census, the city population was 7,109. Geography Independence is located at GR1. , will provide a forum for human resources and procurement professionals to explore innovative ways in which they can work together to deliver lower total costs and greater value across corporate benefits programs. "As the cost of employee benefits programs continues to rise, human resources and procurement professionals are faced with the difficult task of reducing costs while maintaining quality and levels of service," said Gregg Mylett, President, Corporate United. "At Corporate United, we're focused on providing our members with access to leading-edge information they can use to address such challenges and deliver results, and our upcoming seminar promises to do just this." The February 17 event will feature human resources and procurement executives from leading corporations BAE Systems BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. and Diebold, who will share their experiences related to the cross-functional sourcing of benefits and experts from top benefits consulting organizations Watson Wyatt, Trivantage Pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. Strategies and Havensure, who will provide insights into industry trends. Members of the Corporate United team will also be on hand to share leading-edge information on the changing nature of benefits spend and offer best practices for sourcing various categories. For information on the seminar, or to register, please visit www.corporateunited.com/seminars or call (440) 895-0938. About Corporate United Corporate United is the leading group purchasing organization that provides its members with an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for sourcing and managing contracts. From spend analysis, strategic sourcing expertise and commodity knowledge to contract management and implementation services, Corporate United enables companies to effectively leverage their buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. and drive bottom line results. To learn more about Corporate United and how we can help your organization, please visit our website at: www.corporateunited.com or call us at (440) 895-0938. |
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