Global Pharmaceutical Firm - MSP
Business Challenges
- Decreased productivity levels in existing talent pool
- Inefficient processes made it difficult to expedite talent acquisition
- Hiring Managers burdened by talent acquisition and management activities
- Required a centralized system which provided visibility and allowed greater control
Solution Provided
A world-wide leader in their industry, this Global Pharmaceutical firm had difficulty facilitating their talent acquisition with standardized process and technology.Through our experience and understanding of their unique needs and business environment, Yoh and its VMS solution, Yoh Exchange, were selected to resolve their challenges with talent lifecycle management.
Prior to implementing Yoh Exchange, our customer did not have access to information related to their contingent workforce (cost of hire, average contractor tenure and supplier performance). Our robust reporting capabilities have solved that problem, and have also provided our workforce management program with an on-site management team. This team is responsible for the management of all required compliance programs. Yoh Exchange provided extensive workforce statistical data, metrics and financial reporting as well as real-time access to status and approvals.
In addition, in ensuring a high adoption and success rate, Yoh provided a dedicated team who were available, both locally and remotely, to assist with additional staff ready to handle hiring peaks and fluctuations.
Benefits Received
- $7,000,000 in overall cost savings
- 65% reduction in manager’s time through Yoh Exchange automation
- 40% positive retention increase
“Yoh delivers excellent support and a well established process, all while providing a level of talent quality that, in my experience, is unparalleled.”
Hiring Manager, Global Pharmaceutical Firm