Pharmaceutical Company Utilizes MSP/VMS to Mitigate Risk & Increase Efficiency

PRO UnlimitedBy PRO Unlimited 5 months ago
Home  /  Best Practices  /  Pharmaceutical Company Utilizes MSP/VMS to Mitigate Risk & Increase Efficiency

A leading global pharmaceutical corporation faced substantial challenges that limited productivity and inhibited efficiency. The company’s creative and marketing team utilized traditional staffing practices, which lead to excessive spending, a lack of compliance, and limited insight into talent management metrics. The use of an outdated staffing model also contributed to challenges in meeting deadlines and increased the frequency of project delays.

PRO Unlimited was engaged to implement its vendor-neutral managed service program (MSP) and vendor management system (VMS) model to address the organization’s business challenges. Being an integrated, vendor-neutral platform allows for the best talent at the market’s most competitive rates. PRO has shown its ability to improve operational efficiencies and mitigate risks while engaging the most highly qualified and cost-effective contract talent.

The one-stop enterprise solution and expert consultative support provided the pharmaceutical company’s stakeholders with the following:

• Improved cost-savings by negotiated markups and broader access to a niche pool of talent due to PRO’s vendor-neutral model
• Streamlined on/off-boarding, consolidated invoicing, and real-time reporting from PRO’s WAND VMS solution
• Expedited RFP events outsourced and vetted qualified candidates presented in a matter of hours/days versus weeks from initial SOW approval through PRO’s onsite MSP intelligence and Strategy, Analytics, and Metrics (SAM) team

This strategy produced significant benefits for the client. Key results included:

  • Savings of 36% during initial implementation
  • An accelerated recruitment process
  • An expanded supplier pool with new vendors
  • Positive impact on cost and candidate quality

PRO’s tools and resources enable clients to effectively manage a robust and dynamic contingent workforce. Not only will they gain complete control and visibility of their workforce, but they will cut costs and increase efficiency by partnering with PRO.

If you or a member of your team would benefit from a further discussion on how PRO is helping companies implement winning contingent workforce management programs and data analytics globally, please contact a PRO representative at 800.291.1099 or email at info@prounlimited.com.

Disclaimer: The content in this blog post is for informational purposes only and cannot be construed as specific legal advice or as a substitute for legal advice. The blog post reflects the opinion of PRO Unlimited and is not to be construed as legal solutions and positions. Contact an attorney for specific advice and guidance for specific issues or questions.

Categories:
  Best PracticesWorkforce Management
this post was shared 0 times
 400