Master vendor model as a form of on-site management - everything you need to know
Temporary workers are vital for the survival of many companies today. This makes the efficient recruitment of such workers all the more important. This is where the Master vendor model comes into play. Find out here what it's all about - and what advantages it can have for your company as a form of on-site management.
What is the master vendor model?
To clarify the two central terms right from the start: On-site management is a service provided by personnel service providers that is primarily aimed at companies that have a high demand for temporary staff. An on-site manager takes on the entire spectrum of personnel recruitment: from recruiting to familiarisation to on-site planning. Hence the name.
Master vendor is the term used when all these tasks are performed by one external service providers. Companies often have to use several service providers to cover their personnel requirements. The master vendor replaces all these different providers as a single "main provider". And that has several advantages.
The Master vendor model has established itself as the gold standard in the Recruitment especially for companies that need to hire staff quickly and reliably. This is hardly surprising when you consider the many advantages that this model has over staffing solutions that involve many different service providers. These advantages are:
1. High delivery reliability
The decisive advantage of the master vendor concept is probably the increased security of supply. A master vendor works closely with the company, knows the structures on site, deals intensively with the needs and requirements - and can therefore virtually guarantee that all vacancies for its client companies will be filled in good time.
2. Lower Expenditure
Instead of having to speak to several providers at the same time, a master vendor is always at your side as a single point of contact. This simplifies communication immensely, also creates trust among candidates, ensures standardised, more secure processes and maximises administrative efficiency
3. High cost efficiency
If you utilise the support of a master vendor, you save a lot of time - and therefore a lot of money. A master vendor knows exactly what your company needs; suitable employees can be identified, hired and onboarded more quickly; long idle periods are avoided. According to Hays This results in superior cost efficiency.
At the same time, however, a Disadvantage of the Master vendor model The high level of dependency should also be mentioned: anyone who relies on a master vendor is putting all their eggs in one basket. This calculation may work out in most cases - but there is no risk diversification.
As stated at the beginning, a master vendor takes on the core tasks of an on-site manager - and even goes beyond them. As the sole provider and point of contact, the master vendor therefore has a major influence on your company.
However, the question: "Master vendor model or on-site management - which is better?" cannot be answered in general terms. However, companies that regularly require a large number of temporary workers can benefit from the above-mentioned advantages of the Master vendor model benefit.
High delivery reliability, low effort and optimum overview: the Model of the master vendor has numerous advantages - and is therefore particularly attractive for companies that need to hire a large number of temporary employees quickly and reliably.
Would you like to find out more about how the Master vendor model can save your company from the skills shortage? Feel free to get in touch with us!
Temporary work-international is at your disposal for all your temporary employment needs, temporary workers and specialised personnel - and also helps you to identify a suitable master vendor. To contact You usto get to know customised solutions for your company.