This article defines who a neutral vendor is and how Care Hires performs as a neutral vendor.
Understanding a Neutral Vendor
A neutral vendor is an independent advisor with no conflicts of interest. The term and concept is most commonly used in outsourced recruitment where neutral vendors have no ownership of, or affiliation to, any recruitment agency. This gives them the freedom to recommend the most appropriate recruitment suppliers to meet an organization's needs.
The neutral vendor's major advantage over the master vendor is its neutrality. It is the absence of any vested interest in the suppliers that removes the potential commercial conflict that inevitably arises when providers seek to be part of the supply chain and also assume responsibility for managing it.
As a neutral vendor Care Hires takes on the management of a company’s temporary workers, fulfilling all vacancy requirements using their extensive panels of approved recruitment agencies.
For a neutral vendor such as Care Hires, performance rests solely on the capability of the supply chain that it sources and manages. The priority focus is always to source and maintain the best on-going composite mix of providers for their clients.
A further advantage that an effective neutral vendor brings to bear is contributing to the improvement of services through market intelligence, ideas and innovations. Once all three parties – the hiring organization, the neutral vendor and its supply chain – are interoperating to this extent, the true value of agency resources can be realized.
Partnering with a neutral vendor such as Care Hires is a cost-saving alternative to the in-house or agency options. By working with Care Hires, organizations can benefit from one outsourced solution to manage their entire temporary labor process and our leverage within the temporary recruitment sector can result in savings of up to 15%.
- Neutrality
- No affiliation or vested interest
- A supply management solution, vetting agencies based on criteria and volume
- A data learning machine that grows in applicable knowledge through scale
- Cost saving
- Central solution
A neutral vendor like Care Hires is a supply management solution that has not vested interest in the supply provided, but instead uses supply frameworks to put forth and manage the criteria of requirements requested by the Care Provider. In a nutshell, and in its purest form, a Neutral Vendor gives you the advantages of a national scale with no distortion or interest in who is the best for the job. As long as they are the best for the jobs.
If you have any questions regarding this article, please contact a member of the team on +44 (011)6 4822 999. Alternatively, send an email to techsupport@carehires.com we will be able to assist you.