Managing the procurement of contingent labor is not an easy task. Most companies rely on their historical rates or their supplier’s proposed rates when negotiating for new talent. But neither source provides an accurate view of the current market. Most procurement professionals are “flying blind” when buying contingent labor. Having third party market data eliminates this problem. This session covered how one company is using third party neutral market data to improve their bottom-line results.
Topics covered in this session included:
- How third party market data will transform your contingent labor program
- About bill rates and how using cost transparency can help you negotiate
- About pricing labor and how a person becomes a bill rateHow to identify opportunities for savings using analytics
Categories: 2016 Fall - Carlsbad, Summit Presentations
SRC Type: Category Specific, Staff Augmentation, Talent Management