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Randstad-Sourceright-MSP-case-study-workforce-agility-consumer-goods-180911

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• retention/employer brand advisory. Our employer branding assessment helped the client identify key directions for boosting the contingent worker experience. This sets the stage for reducing turnover, improving costs and boosting productivity. • total talent relationship. In addition to contingent workforce management, Randstad Sourceright's recruitment process outsourcing (RPO) solution was brought in to successfully facilitate direct hires in a number of permanent employee categories. The result is a cross-functional approach to getting the best talent in the right positions; the RPO identifies candidates who aren't placed into a full-time role but are open to a contract assignment. • cost savings. Since implementing the MSP program, the company has achieved significant cost reductions: a total of $1.5 million in less than three business quarters including $958,000 through temp-to- permanent conversions, a result of connecting the company's MSP and RPO operations. Additionally, through supplier optimization efforts and the standardization of rates, the company has saved $360,000 in a single quarter alone. the solution Randstad Sourceright worked with the company to optimize costs, enhance supplier management, and deliver new efficiencies and process consistency in its total talent strategy. Since implementing the MSP program, this market leader has achieved significant improvements, including: • optimized workforce supplier management. The company removed 40 suppliers that weren't providing measurable value. Randstad Sourceright also guides the client through the contract renewal process to ensure quality and hold suppliers accountable through SLAs and KPIs. The client benefits from introducing standardized compliance practices, ensuring all suppliers adhere to the same standards when conducting background checks and other key processes. • talent strategy support. Randstad Sourceright has identified areas of core improvement that will drive value for the next chapter in the client's workforce strategy. Areas of opportunity include talent turnover, rate rationalization, supplier satisfaction/participation and overall cost consistency. With improved talent visibly, market intelligence and greater insight into compliance and risk mitigation, the company has the support to continually improve its entire talent strategy. The MSP program also allows the company to respond to spikes in demand in real-time, ensuring access to qualified suppliers that can be brought in quickly to provide needed talent. © Randstad Sourceright. 2018 human forward. global consumer and commercial products provider boosts workforce agility with MSP.

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