Aerospace Giant Manages $800 Million in Contingent Staffing Spend
The world’s largest aerospace company operated one of the largest in-house vendor management offices in the world, serving more than 100,000 client users. After more than a decade using a proprietary Vendor Management System (VMS), they knew they needed to upgrade to a state-of-the-art system. So they turned to Beeline.
Learn how our client saved more than $3 million as a result of better vendor pricing
Understand how productivity improvements and enhanced compliance saved another $1 million annually
Read about how we seamlessly transitioned 8,000 ongoing assignments
The new VMS has the capability to manage not only the client’s global contingent staffing needs, but their entire extended workforce, including Statement-Of-Work (SOW), Time and Materials (T&M), and 1099 engagements. So in addition to the $800 million in contingent staffing spend under management, we recently implemented our services procurement solution to bring an additional spend of more than $1 billion under VMS management.
For more details, download our Success Story.
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An Introduction to Funding Models and Pricing Methods for a Vendor Management System (VMS)