1. Limited view of the talent market (You're dependent on the talent pool of each of the preferred staffing suppliers on your list)
2. Staffing vendor complacency (Once a staffing supplier makes the cut, they may be less responsive to your requests over time)
3. A decrease in the competitive environment for staffing suppliers on the list (With less competition among staffing suppliers, the speed of filling your requisitions and the quality of the candidates may suffer)
4. Rigidity

Your staffing vendors may become unwilling to work with sub-contractors and other partners. Due to these four issues it behooves companies to continually revise their Preferred Vendor Lists. In this article we reveal the smartest way of researching and selecting staffing vendors for your Preferred Vendor List, a solution so simple it’s just a click away. Growth of staffing vendor list More companies are creating Preferred Vendor Lists, according to a staffing industry analyst report from March 2005.

The report stated that 48 percent of Fortune 500 companies have implemented these lists, and the number of companies pursuing this staffing vendor consolidation strategy is expected to grow another 25 percent in the next two years. The trend isn’t surprising. Many companies want to minimize the number of staffing suppliers with whom they have to communicate, for a variety of reasons, including:

• Process efficiency (The Preferred Vendor List enables streamlined communications with fewer firms)

• Volume discounts (Staffing suppliers on the Preferred Vendor List work with standardized or preferred pricing)

• Masters, work orders, invoicing (More standardization simplifies the process of contract management)

• Reduced risk (Working with fewer firms results in a reduced number of co-employment and payment issues)

• Cultural mindshare (A group of staffing suppliers knows your company culture, policies, and processes)

How to add staffing vendors? As mentioned earlier, despite the upside of the Preferred Vendor List, companies continually have to research, add, and delete staffing vendors based on changing needs and performance. In our own informal survey of companies using HotGigs - On-Demand Staffing Exchange, 50 percent of respondents reported that they planned to make changes to their suppliers list in the next 12 months. The staffing vendor selection process for companies, however, is fraught with questions:

• How will you as a company let off-list staffing vendors know when you’re beginning the selection p
  7 SBA Loan Myths
  Most small business owners have considered financing at some point in the life of their business. You may have considered expansion, buying new equipment, more inventories, purchasing real estate, or just looking for a new capital infusion. But the confusion surrounding SBA loans may perplex or frustrate even the most astute entrepreneur. Conflicting information from your trusted advisors or the internet may not help to bring you closer to separating fact from fiction.There are many myths surrounding SBA loans. Some of these myths are substantial and strong enough to discourage a small business owner from expanding, getting out from under onerous debt, or even staying in business. Understa
  decrease in the competitive environment for staffing suppliers on the list (With less competition among staffing suppliers, the speed of filling your requisitions and the quality of the candidates may suffer)
• Rigidity

Your staffing vendors may become unwilling to work with sub-contractors and other partners. Due to these four issues it behooves companies to continually revise their Preferred Vendor Lists. In this article we reveal the smartest way of researching and selecting staffing vendors for your Preferred Vendor List, a solution so simple it’s just a click away. Growth of staffing vendor list More companies are creating Preferred Vendor Lists, according to a staffing industry analyst report from March 2005.

The report stated that 48 percent of Fortune 500 companies have implemented these lists, and the number of companies pursuing this staffing vendor consolidation strategy is expected to grow another 25 percent in the next two years. The trend isn’t surprising. Many companies want to minimize the number of staffing suppliers with whom they have to communicate, for a variety of reasons, including:

• Process efficiency (The Preferred Vendor List enables streamlined communications with fewer firms)
• Volume discounts (Staffing suppliers on the Preferred Vendor List work with standardized or preferred pricing)
• Masters, work orders, invoicing (More standardization simplifies the process of contract management)
• Reduced risk (Working with fewer firms results in a reduced number of co-employment and payment issues)
• Cultural mindshare (A group of staffing suppliers knows your company culture, policies, and processes)

How to add staffing vendors? As mentioned earlier, despite the upside of the Preferred Vendor List, companies continually have to research, add, and delete staffing vendors based on changing needs and performance. In our own informal survey of companies using HotGigs - On-Demand Staffing Exchange, 50 percent of respondents reported that they planned to make changes to their suppliers list in the next 12 months. The staffing vendor selection process for companies, however, is fraught with questions:

• How will you as a company let off-list staffing vendors know when you’re beginning the selection
  How to Write Better Advertising Copy
  A successful marketing plan relies heavily on the pulling-power of advertising copy. Writing result-oriented ad copy is difficult, as it must appeal, entice, and convince consumers to take action. There is no magic formula to write perfect ad copy; it is based on a number of factors, including ad placement, demographic, even the consumer’s mood when they see your ad. So how is any writer supposed to pen a stunning piece of advertising copy -- copy that sizzles and sells? The following tips will jumpstart your creative thinking and help you write a better ad.KNOW THE BASICSAll good advertising copy is comprised of the same basic elements. Good advertising copy always:Grabs Att
  r list More companies are creating Preferred Vendor Lists, according to a staffing industry analyst report from March 2005.

  The report stated that 48 percent of Fortune 500 companies have implemented these lists, and the number of companies pursuing this staffing vendor consolidation strategy is expected to grow another 25 percent in the next two years. The trend isn’t surprising. Many companies want to minimize the number of staffing suppliers with whom they have to communicate, for a variety of reasons, including:

  • Process efficiency (The Preferred Vendor List enables streamlined communications with fewer firms)
  • Volume discounts (Staffing suppliers on the Preferred Vendor List work with standardized or preferred pricing)
  • Masters, work orders, invoicing (More standardization simplifies the process of contract management)
  • Reduced risk (Working with fewer firms results in a reduced number of co-employment and payment issues)
  • Cultural mindshare (A group of staffing suppliers knows your company culture, policies, and processes)

  How to add staffing vendors? As mentioned earlier, despite the upside of the Preferred Vendor List, companies continually have to research, add, and delete staffing vendors based on changing needs and performance. In our own informal survey of companies using HotGigs - On-Demand Staffing Exchange, 50 percent of respondents reported that they planned to make changes to their suppliers list in the next 12 months. The staffing vendor selection process for companies, however, is fraught with questions:

  • How will you as a company let off-list staffing vendors know when you’re beginning the selection
    Some Economic Background on South Western CO
    We were impressed with South Western Colorado as a good place to hang your hat and a pretty good place to run a business. Great labor supply, good transportation and excellent tourist flows. The town is growing in Cortez and up the hill in Durango as well. Their nearest trading partners Montrose and Farmington NM also helped with money flows to the area. We like the area and thought it was completely economically viable and an excellent choice especially for manufacturing.About the only drawback is the drug issue in the region, but that is with any US City really. It was not as bad there as we have seen in border cities, desert cities of big cities in other parts of the US. We talked with
    h fewer firms)
  • Volume discounts (Staffing suppliers on the Preferred Vendor List work with standardized or preferred pricing)
  • Masters, work orders, invoicing (More standardization simplifies the process of contract management)
  • Reduced risk (Working with fewer firms results in a reduced number of co-employment and payment issues)
  • Cultural mindshare (A group of staffing suppliers knows your company culture, policies, and processes)

  How to add staffing vendors? As mentioned earlier, despite the upside of the Preferred Vendor List, companies continually have to research, add, and delete staffing vendors based on changing needs and performance. In our own informal survey of companies using HotGigs - On-Demand Staffing Exchange, 50 percent of respondents reported that they planned to make changes to their suppliers list in the next 12 months. The staffing vendor selection process for companies, however, is fraught with questions:

  • How will you as a company let off-list staffing vendors know when you’re beginning the selection
    The Hottest KISS
    The word ‘KISS’ sent a tingling sensation down under your heart. Frankly, I wake up everyday in my life in search of a KISS. And where I find it daily from two guys, all the way down to Silicon Valley. It is called the ‘Google’.Can you imagine, if the KISS is so hot and most wanted, why most of business executives and CEOs keep running away from it? Well, all the management Guru are still to find and I am certainly not running away from a KISS.What is KISS? It is “Keep it Simple, Stupid”. It is a business idea which has done wonder in numerous businesses but still strategist and planner keep running away from KISS.Simplicity in life goes a long way. Perfect example of this is
    mpanies continually have to research, add, and delete staffing vendors based on changing needs and performance. In our own informal survey of companies using HotGigs - On-Demand Staffing Exchange, 50 percent of respondents reported that they planned to make changes to their suppliers list in the next 12 months. The staffing vendor selection process for companies, however, is fraught with questions:
    • How will you as a company let off-list staffing vendors know when you’re beginning the selection process so they can contact you without becoming a nuisance?
    • How will you ensure that a potential staffing vendor is a match for your company’s staffing needs?
    • What will you do with the hundreds of brochures, business cards, and voicemail messages you’re inevitably going to receive?

    The smartest way to select staffing vendors Like a light at the end of a tunnel, the HotGigs survey of hiring companies points to an innovative way of researching and selecting quality staffing suppliers. In our surveys, companies said they want an on-demand, centralized database system to help them select staffing vendors for their Preferred Vendor List. The system, they said, should help companies see a staffing firm's consultant portfolio.

    Such a system would allow companies to match their needs to a firm's strengths in a simple and transparent way. That’s just what HotGigs’ On-Demand Staffing Exchange offers hiring companies. HotGigs gives companies an inside look into a staffing firm's consultant portfolio. The service is FREE to hiring companies––the fees are paid by the staffing firms. This valuable resource helps companies identify the firms they should add to their Preferred Vendor Lists, and provides a window into:

    • The qualifications
    • Availability
    • Rate ranges
    • Experience ratings
    • and geographic locations of a staffing firm's consultants.

    The HotGigs exchange also lets companies post and broadcast job requisitions and instantly research which firms have consultants whose skills and availability match their core demand–then request resources from firms within the exchange. Of course there are other considerations to weigh, too, before adding a staffing supplier to the Preferred Vendor List, such as:

    • The staffing vendor's track record with other companies
    • The size of the firm
    • The speed to fill positions
    • And the ability to adhere to staffing processes

    But the main consideration has to be a firm's portfolio of consultants. Only HotGigs can instantly help a company research a firm's portfolio of available consultants. The HotGigs system is positioned to become the most powerful industry-wide research portal for hiring companies needing contract and consulting talent. Having access to HotGigs’ On-Demand Staffing Exchange will be a driving force in the future of staffing vendor selection. #