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Randstad-Sourceright-MSP-case-study-financial-services-Asia-Pacific-expansion-181106

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the success Cost savings of 5% in contingent labor spend were initially achieved. This was accompanied by a robust and focused hiring process driven by dedicated on-site teams, which have reduced time to fill from 35 days to 14 working days for 80% of the roles across the region. The success of phase one has led the client to expand the program to China — an emerging MSP market. The temp-to-perm conversion rate stands at 40 to 50%. This coupled with a termination rate of less than 3% is a credit to the quality of the contractors sourced. Successful supplier management has enabled the client to attract and maintain an efficient and motivated supplier base. Program spend has grown three times in the 18 months since the program was implemented. Direct sourcing contributes to 40% of fulfillments. Direct sourcing service delivery has been expanded to include IT contingent workers. savings accompanied by efficiency strong conversion rate expansion to China successful delivery of cost savings and process efficiency leads to rapid MSP program expansion across Asia Pacific. © Randstad Sourceright. 2018 human forward. robust supplier management leveraging direct sourcing rapid program expansion

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