Self-Sourcing Strategy Achieves £1.6M in Cost-Savings
POSTED BY PRO UNLIMITED | FEBRUARY 16TH, 2018
As organisations continue to expand the use of contract talent to supplement their full-time workforce, they are also seeking ways to optimise their contingent workforce programmes (additional cost-savings and operational efﬁciencies). One strategy companies are using to realise a number of beneﬁts is through self-sourcing.
The largest global provider of integrated information technology and digital marketing solutions to the automotive retail industry recently embraced this model. It is self-sourcing contingent workers via a Vendor Management System (VMS) to identify and procure talent. The primary drivers that inﬂuenced this organisation to adopt a self-sourcing strategy and partner with a VMS and Managed Services Provider (MSP) included:
- The ability to save signiﬁcantly on the margins imposed when sourcing through stafﬁng companies;
- Increase the quality of the talent being hired and;
- dramatically reduce the time required to identify talent for new requisitions.
After deploying a vendor-neutral and integrated contingent workforce solution, the company immediately reduced and contained contingent labour costs, mitigated risk of contractors, and improved its user experience. Most notably, this self-sourcing strategy resulted in $1.6M savings in a five month timeframe.
Download the case study to learn how they saved this much in such a short time!
If you or a member of your team would benefit from a further discussion on how PRO is helping companies implement winning contingent workforce management programmes globally, please contact a PRO representative at +44 (0)203 633 3912 or email us at email@example.com
Disclaimer: The content in this blog post is for informational purposes only and cannot be construed as specific legal advice or as a substitute for legal advice. The blog post reflects the opinion of PRO Unlimited and is not to be construed as legal solutions and positions. Contact an attorney for specific advice and guidance for specific issues or questions.