Rationalizing Global Recruitment Vendors for Cost Savings
Learn how The Corporate Genius delivered $2.5M in annual savings by transforming recruitment procurement.
The Challenge
A multinational organization relied on a fragmented network of recruitment agencies, resulting in inflated costs and inefficiencies. The lack of centralized oversight led to underperforming vendors and inconsistent service delivery.
The Corporate Genius Solution
The Corporate Genius implemented a Preferred Supplier List (PSL) to rationalize the vendor base and introduced scorecard mechanisms to measure performance. We managed a competitive global RFP process, selecting top-tier agencies aligned with the client’s hiring objectives. These efforts reduced costs by $2.5M annually and improved recruitment efficiency, creating a streamlined, cost-effective process.