Issue link: https://insights.randstadsourceright.com/i/584478
The Business Need: This diversified industrial group with 155,000 employees worldwide is a leading innovator in materials development. With a growing contingent workforce in Germany and increasing complexity, it realized a solution was needed to address considerable gaps. These included compliance with labor legislation, legal mandates, and workforce safety issues. The Situation: • With a disparate supply chain and hiring managers directly engaging vendors, the company faced gaps in its governance. • Because of this decentralized approach to procuring talent, compliance efforts were often inconsistent and created risks for the company. • Furthermore, the German business unit utilized a high number of suppliers but did not standardize rate cards or regularly perform market analysis to optimize its spend. It also lacked a process for ensuring suppliers were in compliance with all regulations. a compliant, efficient approach to contingent workforce management a materials manufacturer expands a successful MSP pilot to support its workforce in Germany www.randstadsourceright.com An efficient supply chain – Since the launch in November 2014, the MSP has rationalized the supplier base to 120 suppliers. A transformed process also aligns each requisition to the suppliers that can best deliver the specific skills needed by the hiring managers. Savings and higher fill rate – The program in the past year has already produced a savings of 3% of spend under management. Supported by a more efficient hiring process, the fill rate has reached 95%. Transparency and compliance – One of the critical benefits of Randstad Sourceright's MSP services is the implementation of standardized hiring processes, which ensure the company is compliant with all German labor laws and provides workforce transparency the client didn't previously have. The Results: The Solution: • The client partnered with Randstad Sourceright to implement an MSP program that began at one location. After successfully launching the pilot, the company rolled out the MSP in five waves to a total of 128 locations across Germany. • Working with the HR4you VMS platform, we conducted a deep market analysis of its supply chain. • Randstad Sourceright also rationalized the client's supply chain, focusing on retaining those considered best-in-class and could deliver the high-quality talent the customer needed in a cost-effective and timely manner. EM/MS/09102015/100