April 24, 2019
Future of Sourcing online publication article “Employee Immobility: Getting Talent to Move in a Tightening Market”, by Jim Burke, Workforce…
Leveraging Workforce Logiq’s integrated Managed Services Provider (MSP) program and Vendor Management System (VMS) transforms the way you procure and manage contingent workers and services. This end-to-end solution improves total workforce management by:
Every aspect of our web- and mobile-based solution includes an invaluable feature that goes far beyond what other companies can offer: Unmatched intelligence.
Intelligent Expert Advisors
The world’s foremost workforce management experts and dedicated Business Intelligence team—committed to your mission—are just a few steps, a call or click away. They pride themselves on being guides not order takers, adding value by showing you the best path forward. Because we are 100% verifiably vendor neutral, you can be sure our goals are always aligned with yours.
Intelligent Data and Insights
Your dedicated Workforce Logiq team has real-world experience and delivers data-driven insights to help you make more informed decisions. You get access to more than 50 standard reports, and our Business Intelligence team can create custom reports—to help you see inside your data. We also provide exclusive peer and industry benchmarks, based on our predictive and prescriptive data analytics. Our purpose-built performance dashboards give you real-time visibility and control.
Our secure VMS solution—accessible anytime and anywhere—delivers increased performance, visibility and financial control. Patent-pending workflows and AI-powered tools save you time, while maximizing talent quality and reducing your total contingent labor management costs.
To suit our customers’ goals, requirements and resources, Workforce Logiq’s MSP program can be integrated either with our best-of-breed, purpose-built VMS–which provides the ultimate in visibility and single-point-of-accountability across any device or location–or a VMS selected by the customer.
A $5.5 billion U.S.-based data storage company with over 10,500 employees worldwide began reviewing their contingent workforce management processes. At the time, it employed a master vendor model for the United States, Canada and Latin America, utilizing a staffing provider who filled most requisitions. Other staffing providers were engaged to fill difficult positions only as needed.
The customer was looking to gain insight into their contingent workforce activity and spend, and partner with a company who could provide a road map to assist with their global expansion. Specifically, they had four goals:
Following a very robust RFP process, the customer selected Workforce Logiq, in part, based on positive third-party recommendations and our proven ability to deliver a world-class MSP and VMS solution.
Based on executive interviews, program management feedback and data analyses during our initial discovery sessions, the following challenges were identified:
Together, the Workforce Logiq program management team and the customer designed and implemented an integrated MSP and VMS solution–with a specific focus on training and program adoption, especially the expansion of the bidding process to a wider range of suppliers for competitive pricing and significant cost savings.
Workforce Logiq uncovered $18 million of untracked spending."
A 60-year old pharmaceutical company with 5,000 employees across associated businesses was spending more time and money on contingent labor and less time developing new products for the market. Their contingent labor needs ranged from clinical, scientific and quality assurance staff to support their research and development efforts, to information technology to administrative personnel.
The company’s third-party VMS was limiting its ability to:
It became apparent that to be effective and gain credibility with the managers and executives, the new program had to mirror the customer’s established hiring practices while improving the overall process. With this consideration in mind, the Workforce Logiq solution included the following:
By creating a vendor-neutral environment, standardizing contingent labor practices and leveraging our industry-leading technology, the Workforce Logiq MSP program achieved critical workforce management improvements, including:
We've reduced new hire turnover to less than 1% since partnering with Workforce Logiq."
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