LOS ALTOS, Calif. – July 21, 2008 – Despite the January 2008 bankruptcy of Ensemble Chimes Global (ECG), the world of contingent labor managed spend continues to expand. Click Commerce rises to the top in total combined spend under management for Vendor Management Systems (VMS) and Managed Service Provider (MSP) companies according to Staffing Industry Analysts, Inc. latest survey.
The amount of contingent labor spending being managed/processed through the VMS/MSP companies who responded to the survey totaled more than $30 billion during 2007. The ten largest firms in terms of VMS/MSP spend under management are listed below
A note about the survey: Staffing Industry Analysts invited approximately 40 leading suppliers of vendor management systems and managed service provider programs to respond to a detailed survey about their offerings, capabilities and business volumes. The resulting nearly 50 page report "2008 VMS and MSP Supplier Competitive Landscape" summarizes the results of that survey. The full report is available to members of the Contingent Workforce Strategies Council. All data was self reported by the suppliers and was collected electronically and/or via one-on-one calls with suppliers. While spend under management is an important measure of business volume and impact, it is not equal to the revenue of the top VMS/MSP companies.
About Staffing Industry Analysts, Inc.
Staffing Industry Analysts, Inc. is the premier research and analysis firm covering the contingent workforce. Known for its independent and objective insights, the company’s proprietary research, data, support tools, publications, and executive conferences provide a competitive edge to decision-makers who supply and buy temporary staffing. In addition to temporary staffing, Staffing Industry Analysts also covers these related staffing service sectors: third-party placement, outplacement, and staff leasing (PEOs). Founded in 1989, the company is headquartered in Los Altos, California. For more information, visit www.staffingindustry.com.
Hinda Chalew, VP Marketing, Staffing Industry Analysts, Inc. firstname.lastname@example.org, 650-232-2368