Temporary Medical Staffing Services Market Procurement Intelligence Report

Several macro changes in the dynamics of overall Contingent Labour as well as Temporary Medical Staffing Services procurement trends are poised to change the business practices and procurement thumb rules. Traditionally, clients were charged on per diem basis for Temporary Medical Staffing Services. However, rising pressure from clients to decrease pricing has resulted into an alternative pricing model of value-oriented billing where supplier's remuneration is linked to the performance or outcome of the project.

Many major Temporary Medical Staffing Services suppliers are seeking inorganic growth to diversify their services and gain access to new products and new technologies at a lower cost. The strategy serves consultancy companies well as they can pitch for a larger scope of work and truly become strategic partners of their clients.

The market is rapidly showing signs of a great divide - at one extreme is a low-cost market with almost commoditized services and at the other end is the market for high cost specialized services. Temporary Medical Staffing Services vendors are adopting starkly different business models and cost structures in an effort to address both the markets.

Category managers need to take note of the potential of these developments and reassess the changes required in their procurement practices.

Temporary Medical Staffing Services procurement best practices are moving towards a level of sophistication which is typically seen in traditional procurement categories. Category managers now have an attractive opportunity to adapt the best practices seen within this category as well as those being leveraged in other non-related categories. This report summarizes the best practices picked from across multiple categories that could work well for category managers involved with Temporary Medical Staffing Services procurement strategy.

For example, Buyers should invite bids from industry competitors to ensure that the offers they receive are competitive. Service providers may be willing to offer a multi-year engagement at a reduced fee, which can be beneficial for category buyers in the long-term.

Buyers need to adopt a single sourcing model instead of sourcing from different consultants to strengthen their partnership with the selected service provider. This also reduces management complexity, as they need to deal with a single Point of contact.

Buyers should engage with service providers that can provide integrated services, including consulting, implementation, and support services.

Temporary Medical Staffing Services procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Temporary Medical Staffing Services procurement. Some examples include: