Press Release Archive
FORT LAUDERDALE, Fla., May 24, 2011 /PRNewswire/ -- SourceRight Solutions today announced the availability of the SupplierEdge Preferred Supplier program, the next evolution of SourceRight's innovative supplier management solutions. By selecting high-performing, time-tested suppliers from a variety of skill sets, the SourceRight preferred supplier program delivers a community of trusted, high-quality partners that excel in specific market segments in defined geographies.
"We work hard to define and deliver managed service provider programs that add value to everyone in the talent supply chain. Our recent recognition as a top performer in the 2010 Staffing Industry Analysts' report demonstrates how service excellence is central to our mission at SourceRight," stated Scott Fraleigh, vice president of SourceRight's managed services solutions. "With our newest managed services program innovation, we are ensuring that our current and potential customers have access to an established, performance-tested supplier community that can plug into their existing supply chain – or replace underperforming suppliers in a given skill set or location."
SourceRight has built upon the success of the recently launched SupplierEdge, which streamlines order processing and supplier management across the entire procurement lifecycle, by establishing the preferred supplier program to provide all the resources a company needs to develop the program that best fits their business requirements. All preferred suppliers have been pre-qualified to ensure quality, integrity and professionalism from a group of true business partners that understand the policies and processes necessary for compliance.
With unparalleled program optimization capabilities that are based on the level of control, compliance and cost management a customer requires, SourceRight Solutions' managed services programs (MSP) integrate and deliver supply chain management services, resources and technology to reduce spend and ensure high-quality service delivery and execution. SupplierEdge enhances the procurement of contingent talent for both clients and suppliers. The solution ensures fair competition and market rates, encourages supplier diversity, manages and monitors performance through score carding processes and tools, and leverages industry-leading vendor management system technologies.
"Nesco Resource has benefited tremendously from our partnership with SourceRight Solutions," said Tim McPherson, president and CEO, Nesco Resource. "Working with SourceRight Solutions has introduced our firm and services to many Fortune 1000 companies, and we look forward to advancing this relationship even further in the coming years through its innovative SupplierEdge solutions."
Added Sid Ahuja, CEO, Open Systems Inc., "SourceRight's preferred supplier program has enabled OSI to dig our heels regarding our core capabilities and get opportunities from SourceRight/SFN Group from multiple clients. This program has enabled the Diversity Staffing Consortium (DSC) (which is run and managed by OSI) to extend opportunities to member Diverse companies and provide synergistic progress for clients, SourceRight, DSC and Diverse suppliers."
In addition to supporting diversity goals by providing access to women- and minority-owned businesses, the SourceRight partnership program will foster competitive best practices among its members, which will enhance the quality of client services and improve business performance for the SourceRight talent supply chain partners. Primarily focused on the United States and Canada, the SourceRight preferred supplier program will expand into other countries in Europe, Asia Pacific and Latin America as customer needs dictate.
More information about SourceRight's end-to-end managed services programs is available at www.sourceright.com/Solutions/Managed_Service_Programs/.
About SourceRight Solutions
SourceRight Solutions manages outsourced talent acquisition functions, whether for full-time, contingent or contract staff. Building upon our 60-year heritage in recruitment and staffing innovations, our solutions provide the workforce insight needed to drive strategic talent decisions by leveraging embedded technologies, a scalable global service model and the best recruitment talent in the industry today.
A recognized industry leader by The Everest Group, HRO Today and Staffing Industry Analysts, SourceRight specializes in improving and managing workforce-related processes through a comprehensive spectrum of offerings that can be deployed singularly or in combination. Offerings include: Strategic Talent Optimization, our integrated approach to managing flexible, alternative workforce strategies; Recruitment Process Outsourcing for improved speed and quality of full-time hires; Contingent Workforce Services that enhance the acquisition and management of "free agent" contractors and consultants while mitigating associated risk; and, Managed Services Programs to improve the procurement of an organization's contingent workforce, increasing quality while reducing supplier costs.
SourceRight Solutions is a division of SFN Group, Inc. (NYSE: SFN). SFN operates a family of specialty businesses providing strategic workforce solutions in professional services and general staffing.
To learn more, please visit www.sourceright.com.
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