Tag: sourcing process

Contingent Workforce Spend: Going ‘Cost Plus’ While Still Managing the Cost

Create additional value to contingent workforce contracts thanks to Procurement

Services spend has always presented an extra challenge for procurement and tested the strategic sourcing process. This is especially true with the services spend owned by Human Resources: namely, temporary employees and contractors, which are commonly referred to as the contingent workforce.

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Companies Are Only As Strong As Their Riskiest Supplier

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A common strategy used by organizations to help minimize costs and speed up production is to diversify their supplier base. In this push for savings and efficiency, business leaders have blinded themselves to labor practices, and the risks posed by partnering with suppliers who violate them.

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