Out of Sight, But Not Out of Mind: Improving Operations Through Contract Labor Substitution

Topics:
Sourcing
Tags:
A.T. Kearney,
Contract Labor
Source:
A.T. Kearney

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Overview: Cost-saving strategies that truly deliver are tough to come by. But as companies battle to reduce costs and improve cash flow, some are finding that a new approach to contract labor can deliver significant results. When labor requirements are appropriately matched with project needs, companies can slash labor costs by as much as 50 percent. This article illustrates how to achieve this by periodically reviewing the labor contracts - particularly for IT functions, which is generally one of the largest buckets of contract labor well as the most expensive.

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Format: PDF | Size: 152KB | Date: Oct 2005 | Pages: 4

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