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A recent initiative of ours, Vendor Management Services or
VMS, is a handy model for staff acquisition at a low
resource-spend. Organizations spend a lot of their time and
resources on recruitment activities like sourcing CVs,
short-listing candidates, interviewing, carrying out
reference checks and so on.
As the VMS provider or Master Vendor, we manage the process
of recruitment by deploying our own resources at a fee
charged for managing the whole project. The VMS model
provides clients a lot of flexibility as services of
multiple vendors can be obtained and managed by the Master
Vendor. In addition, the Master Vendor can also be one of
the service providers along with the others.
An advantage of VMS is that as specialist recruiters, we
carry out the recruitments, get the best deal in terms of
service fees and candidates, and enjoy the flexibility to
separate the project once the recruitment drive is complete.
Currently we have a VMS sign-up with Advantage Global
Services, a Morgan Stanley company. Our core employees
operate from the facility of Advantage Global Services and
manage their recruitment service providers. Advantage Global
Services works with 4 recruitment service providers,
including Ma Foi. So Ma Foi is both Master Vendor and
Sub-vendor.
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