Menu
    Menu

Master Vendor: Bundling of competencies in the staffing process

date
02.03.2018
category

This solution makes the job of recruiters easier when multiple staffing companies are in use

Teamwork für den Einsatzbetrieb

"Many cooks spoil the broth!" says an old proverb. Many a personnel officer may think the same thing when he receives the invoices and documentation of the personnel service providers used. In fact, it can get quite complicated when a company has to rely on several temporary employment agencies must access in order to meet staffing needs. Each service provider brings its own processes, statistics and accounting. The HR officer is then faced with the task of reconciling everything to control and perhaps also in a common overview merge.

The solution for such busy recruiters and companies is called: Master Vendor. The English term could be translated as "main supplier". This main supplier is the Only contactswhich the personnel manager needs. He informs him of the current staffing requirements. The master vendor then checks how many workers he can provide himself. He specifies the additional demand Secondary suppliers (co-vendors). These have been previously selected and contracted. The co-vendors can then also fill positions on the same terms as the main vendor.

The Master Vendor coordinated then the staffing of the ancillary suppliers and Reports to the customer about the progress. He also pulls the strings during the assignment. For example, he coordinates the assignments and provides replacements in the event of short-term absences. The personnel officer does not have to worry about anything here.

At the end of the month, the Master Vendor collects the Time logs of individual employees and suppliers. He creates overviews and usually also Performance logs. With these documents, it is easy for the personnel officer to keep track of the assignments.

In the end, everyone benefits from this solution. The Customer through the simplified management that Service provider through the possibility of leaving personnel and the Temporary employees through fair and uniform remuneration for all.

Read this PT Magazine article to learn how. Franz & Wach as Master Vendor developed solutions for a large customer.

Or go one step further and find out how a Managed service provider can also implement the master vendor function as an independent service provider.

Related articles

date
02.06.2022
category

Showered with awards

Franz & Wach received a total of 16 awards this year. In different categories and from different institutes or magazines. We received one or two awards per month: As an employer, as a training company, as a recruiter, as a consulting company and, we are particularly proud of this, as an innovation leader in the industry. Some of the awards come as a surprise, while others are a [...]
Read more 
date
20.01.2023
category

Kick-off 2023

The market has a lot to look forward to from Franz & Wach and Jobandtalent this year The goal has been set and the sails have been set together. At the kick-off meeting in the idyllic Rechenberg (Schwäbisch Hall district), managers from all over Germany came together to discuss measures with which we can attract even more employees this year [...]
Read more 
date
30.06.2022
category

Job opportunities in the crisis

After the Lock Down: Now there are already good opportunities for job seekers again! The Corona crisis has already cost many people their jobs. A great many are on short-time work - considerably more than during the last economic crisis in 2008/2009, for example. Nevertheless, there are also companies, and in some cases even entire industries, where business is now booming and staff are being hired [...]
Read more 
date
09.06.2017
category

Franz & Wach signs Diversity Charter

We immediately subscribe to the fact that diversity is part of our corporate culture. At the German Diversity Day, for example. What counts for us are professional factors such as work motivation, experience and expertise. Points such as gender, appearance, religion and the like, on the other hand, play no role in the selection of applicants. In everyday life, however, many people still encounter discrimination and [...]
Read more 
date
02.06.2022
category

Repeated award as an employer

Franz & Wach's employer and service quality confirmed by various institutes Time and again, scientific institutes investigate the reputation of companies, usually on behalf of large publishing houses or magazines. These investigations usually take place without the knowledge of the companies, so that the news about the award arrives unexpectedly. Franz & Wach comes under scrutiny as a nationwide provider of temporary staffing and [...]
Read more 
date
31.01.2023
category

Aktion Mensch seal as a sign of our social commitment

With this seal, which we received from Aktion Mensch, we would like to show you our social commitment. Because especially as a company it is important for us to bear social responsibility. Franz & Wach is particularly committed to the development and life path of people. We do this as an employer and employment agency, but [...]
Read more 
date
01.06.2022
category

Start of operational vaccinations

Vaccinations by company physicians will take place starting June 7. Franz & Wach coordinates Corona vaccinations with the companies. Until now, there were only a handful of companies in Germany where employees could be vaccinated against Corona internally, but now things are moving. As of today (June 7, 2021), company doctors can also receive vaccine. This means that after [...]
Read more 
date
30.06.2022
category

F&W supports virtual charity run

From 1.9. to 3.10. the "Virtual Run for the Horaffenstadt" can be run. Since the running events in Crailsheim were cancelled this year, there is now a fundraising run organized as a "Virtual Run". The initiative comes from Franz & Wach. Many running events were cancelled this year due to the Corona pandemic. This situation has also affected Crailsheim. In [...]
Read more 
date
30.06.2022
category

Springboard temporary employment - how it works

Temporary employment forms an important bridge into the labor market. Many people who take up employment with us also hope to be taken on by a customer at some point. This is still true today, even though wages have been adjusted and the permanent employment contract is the rule at Franz & Wach. We respect this wish and support the takeover [...]
Read more 
date
30.06.2022
category

Sobering interim conclusion on the AÜG reform

In the meantime, one and a half years have passed since the AÜG reform (04/2017) came into force. Even then, many staffing service providers feared that the reform would also bring with it some difficult tasks that would have to be overcome. Many fears have now unfortunately come true. In Personalmagazin (Haufe), five personnel service providers have now drawn up an interim balance sheet, including Andreas [...]
Read more 
1 2 3 7
icons
We want to make temporary work better. Better than yesterday. Better than others.
© 2022 Franz & Wach Group
stararrow-leftarrow-right