There
is no doubt that in the face of a turbulent economy, smart
businesses are looking for the right mix of solutions to meet
their business objectives. A strategic view toward workforce
planning translates into direct cost savings and increased
productivity. Fortunately, for the heads of organizations
the talent pool is deeper and broader than ever before.
By using web-based applications,
or ‘service procurement’
solutions as they are most often called, businesses are accessing
private marketplaces to source, deliver and manage outsourced
services such as contract labour, consultants and fixed price
projects. With a saving in excess of 25%
to their annual budget for these kinds of services, service
procurement solutions lend considerable value in workforce planning
and services.
In the electronic
marketplace, projects and positions are distributed online
and bid on competitively. For those buying services, competition
at the transaction level stimulates quicker responses, improved
rates and secures higher quality candidates.
