War for Talent: Impact to Sourcing Labor from Service Providers

War for Talent: Impact to Sourcing Labor from Service Providers

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The war for talent continues to impact organizations globally, limiting access to the talent we all need to get work done. This dynamic has not just impacted our ability to hire full-time employees, it’s had an adverse effect on the availability and cost structures of our services suppliers. Nearly 2 in 3 consulting organizations say they are short-staffed, and 1 in 5 are turning down work. 

Procurement will continue to play a pivotal role in:

  • Ensuring access to external workforce to compensate for difficult internal hires
  • Sourcing the right suppliers for project and contingent engagements

What’s your approach to optimizing your services providers and navigating their talent challenges?

 

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