Vendor Management Systems (VMS) help to manage staffing vendors along with the contract workers supplied by them. Initially many staffing vendors resisted participation in a program which took all job orders online and made them interact with it through a Managed Service Provider, who then managed the total procurement process and acted as an intermediary between the client and the staffing vendors. However, the efficiencies brought in by the program, the ease with which invoices get paid and the way high performers are given more business opportunities have all converted staffing vendors to become willing participants in a VMS-managed contingent workforce program.
Can your VMS make the staffing vendors willing stakeholders in the overall program instead of being unwilling participants? When acquiring a VMS, make sure that you adopt some best practices that make the lives of staffing vendors easier and provide them with exceptional levels of support designed to melt their resistance away. Take a look at these best practices.
These vendor management best practices help to reduce the resistance to VMS adoption and ensure a high performance from the suppliers and help both sides to enjoy a mutually supportive relationship and achieve their goals for the contingent workforce program.
Do you have any other best practices to add to this list? Please share below!
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