New York January 21, 2003 ProcureStaff, a subsidiary of Volt Information Sciences and a provider of human capital management (HCM) e-procurement technologies and consulting, today announced the implementation of a Six Sigma initiative to drive process improvements at the company's clients.
Six Sigma, developed by Motorola in 1987, is a business methodology intended to accelerate business performance by meeting customer demands for high quality and error-free products and services. The methodology works by analyzing the root causes of business problems and adopting solutions that maximize resources while minimizing inefficiencies that directly address customer requirements.
Steven Shaw, president of ProcureStaff, said his company's Six Sigma goals are to help drive process improvements for the provider's clients. "Initial deployments involve our client-focused accounting and onsite operations," Shaw explained.
ProcureStaff said it recently completed a Six Sigma project for one of its worldwide technology clients, headquartered in North America, with the goal of validating hard-cost savings achieved through the utilization of ProcureStaff's HCM methodology. The provider said that the Six Sigma process both documented and validated ProcureStaff's delivery of cost savings in excess of $6 million, or approximately 10 percent of contract labor spend.
"Differentiators such as Six Sigma gives ProcureStaff and its clients a significant competitive edge in the marketplace by establishing metrics that align organizational goals to customer's needs and expectations," Shaw concluded.
For more information on professional services e-procurement solutions, see the article "It's All About People," the Net Best Thing column in the January 2002 issue of iSource Business.