Contingent Workforce – a Strategic Lever to Drive Resilience and Sustainable Agility

The war for skilled talent is getting increasingly fierce due to the large talent demand-supply mismatch in the market. In this scenario, the contingent workforce has emerged as a strategic lever for organizations to build an agile, flexible, and scalable talent model.

This study examines the strategic importance of the contingent workforce at a time of increasing economic uncertainty. It also touches upon the role of Vendor Management Systems (VMS) as an end-to-end Contingent Workforce Management (CWM) software technology to maximize productivity, reduce compliance risks, and streamline operations.