It's time to broaden your organization's horizons on how you manage contingent workforce suppliers. Expand beyond the procurement of supplier-delivered labor and engage in a broader spectrum of talent. This research brief answers the questions "What is this broader talent spectrum and how can I engage it?"
This Spend Matters research download provides a recommended approach to sourcing MSP, VMS and related technologies and services in a manner that will result in the most comprehensive set of options for procurement organizations, including purchasing a “bundled solution,” which may or may not be best, depending on requirements. We offer both foundational and more advanced sourcing approaches depending on procurement sophistication and relative services spend sophistication. In this first installment, we begin by exploring some of the challenges associated with relying solely on an MSP to make technology decisions for a client.
Organisations realize they must consider the contingent workforce similarly to how they manage internal staff — in the search for talent, in managing performance and even in retention or exit. At the same time, the contingent workforce is different, and thus requires different processes and management, from the permanent group. The current regulatory environment, while not the only driver, means that governments will increasingly require careful management of the contingent workforce if organisations are to stay within the law and avoid reputational and financial risk.
VMS and Services Procurement Technology Selection in 2015 — New Tools, Shifting Strategies, False Prophets and More
Independent workers can be engaged through cost-saving direct sourcing approaches, allowing businesses to gain access to this important talent population, with compliance risk mitigated.
New ways of engaging independent workers appear to be creating new opportunities for contingent workforce spend control and savings. Download this paper to find out how.
Download this paper to learn how to breathe life back into your services procurement and contingent workforce program!
Be it resolved that the world surrounding the buying of goods is changing faster than transactional purchasing itself. And this, of course, is not sustainable if procurement is to remain influential, relevant and helpful. Change must come, and it must come fast, for procurement organizations that have not yet fully understood nor embraced new buying styles and modes.
The history and growth of the US staffing market reflects many of the overall economic, technology and political trends of the last century. Increasing skills specialization in highly targeted areas (and the demand for such skills), the ending of the traditional “life employment contract” between worker/company, the embrace of greater variability in corporate cost structures and the need to “flex” to meet demand-driven requirements all contributed – along with a host of other inputs – to a staffing market that would ultimately represent approximately 2% of the labor workforce. Yet new trends appear to be favoring alternative models to staffing for contingent (non-employee) workers. What do these trends mean, and where are they taking this market segment today? Find out in this free download.
Spend Matters Premium Content - Ask the Expert Video Replay
Jason Busch hosts this session dedicated to discussing the next generation and services procurement and VMS technology coming down the pipeline. What should we expect from these technologies in the future? Tune in to find out.