Managing a Contingent Workforce Across Multiple Facilities? The Right MSP Solution Can Help
The manufacturing industry moves fast. With any luck, your firm has moved fast enough to warrant opening multiple locations across the country. This is no doubt a positive sign, but expansion can lead to confusion between facilities.
Companies with multiple facilities grapple with coordinating processes like invoicing, spend tracking, basic compliance, and more. Decentralized processes can give rise to a host of problems that can stifle an organization’s growth and hinder its success.
The right solution can standardize your operations while providing easy tracking and invoicing. It sounds simple enough, but the ideal path to centralization can be difficult to find. If you’re struggling with contingent workforce management across multiple facilities, the right MSP—which traditionally stands for Managed Service Provider—can save you time, money, and headaches.
Manufacturing & Light Industrial Challenges
If you work in either of these sectors, you have unique staffing needs that require specialized knowledge and expertise to address. The right MSP solution should be designed specifically for the light industrial sector, with a deep understanding of the unique challenges faced at manufacturing, distribution, and food processing facilities. Whether your company needs welders, assemblers, packers, or material handlers, the right provider should possess the expertise and resources to deliver the right talent at the right time.
Let’s break down the components of the ideal MSP for manufacturing and light industrial so you know what to look for.
The Right MSP: A Checklist
Consolidated Invoicing
If you work with multiple staffing agencies to meet your diverse labor needs, you’re all too familiar with the flood of invoices and the time-consuming, error-prone accounts payable process. Don’t consider any MSP program unless it can centralize billing and invoicing, providing a single, comprehensive invoice for all contingent workers.
This streamlined approach saves time and reduces the risk of errors, freeing you to focus on core operations while the complexities of invoicing cease to be a problem.
Spend Visibility and Control
It’s a constant struggle to track and manage contingent workforce spend across multiple facilities, which often leads to budget overruns and difficulty in making informed staffing decisions.
A reputable MSP should provide access to Vendor Management Software (VMS), which provides customized reporting and a user-friendly dashboard offering complete visibility into contingent workforce spend across facilities. This powerful tool enables you to track key metrics, such as requisition management, time-to-fill, and supplier performance. With this level of transparency, you can identify areas for improvement, optimize staffing strategies, and control costs more effectively.
Consistent Pricing and Markups
Dealing with different staffing agencies introduces inconsistent pricing and markups, making it difficult to budget accurately and get the best value for staffing spend.
The right MSP program should offer normalized pricing and consistent payroll rates across all suppliers. By establishing a uniform pricing structure tailored to your company’s needs and budget, you can eliminate the guesswork and uncertainty associated with varying markups. This level of consistency allows for more accurate budgeting and cost control, enabling consistent value for your staffing spend across facilities.
Compliance and Risk Management
There’s a complex web of regulations and compliance requirements when hiring and managing contingent workers, which exposes you to potential legal and financial risks.
Ideally, your MSP provider will shoulder the burden of compliance, ensuring that all contingent workers undergo thorough background checks, drug testing, and skills validation. Using the included VMS software, you’ll have access to robust compliance and risk management features, minimizing exposure to legal and financial risks. By handling onboarding and documentation, the right MSP simply lets you focus on core operations with peace of mind.
Elevate Your Workforce with PEAK Technical
PEAK Technical has been working with manufacturing firms like yours for nearly 60 years. As a result, our team has amassed hundreds of years of collective knowledge, which we’ve channeled into a service offerings that are optimized for your needs. Instead of telling our clients what we do, we do our best to listen to what they want—and we design the systems to make it happen.
Through this mindset, we’ve been able to devise a solution that checks all the boxes for manufacturing and light industrial. Our MSP—which we refer to as a Managed Staffing Provider—offers all of the benefits we’ve discussed:
- Simplified workforce management through consolidated invoicing
- Spend visibility and control through our Vendor Management Software (VMS)
- Consistent pricing and markups across suppliers
- Robust compliance and risk management
Growing your business no longer has to be a double-edged sword. Now you can simplify your processes, gain visibility into your spend, and achieve compliance, all with PEAK’s MSP solutions. Through our program, you’ll have a dedicated team of experts to support you every step of the way. We’ll work closely with you to understand your unique requirements and tailor our solutions to meet your goals.
If you’re struggling with contingent workforce management across multiple facilities, it’s time to harness the power of the right MSP. PEAK is here to guide you through the process and help you build a unified strategy that drives growth.
Ready to take your facilities to new heights with PEAK’s MSP solutions?