Like it or not, if you staff temp or contract labor you need to know the meaning of a few acronyms.
Not just that VMS means Vendor Management System, or MSP means Managed Service Providers, but how the companies you now service or someday may are turning to these programs to control expenses, manage mutliple suppliers and track their use of temps.
With forecasts suggesting that contingent workers may eventually account for nearly half the workforce of the Fortune 500, the use of VMS and MSP programs is only going to increase, despite the aversion of many staffing firms.
Whatever your view — and you might be surprised that companies with a VMS in place report increasing their use of contingent workers as a result — you need to know how companies are using them and what they expect from the preferred providers and suppliers enrolled in their system.
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Thursday at 2 p.m. EDT, our sister site, ERE.com is hosting a webinar on the use of VMS, MSP and RPO for employers and staffing agencies that want to learn more about the strategic use of these programs. (Register here.) Led by Julia Levy, Director, Talent Acquisition at Assurant, she’ll discuss how her company uses its programs to drive efficiencies and meet business growth demands.
The free webinar will cover five specific areas:
- Program structure
- Supplier management
- Cost, value & quality
- Compliance and risk
- Data & analytics.
