Open Versus Closed Marketplaces

It is so refreshing to see so many contingent labor programs shifting away from a closed marketplace, employing open market drivers and seeing almost instant results.

What do we mean by open v. closed?

It’s simple, in an open marketplace, suppliers are open to communicate with hiring managers. They understand their requirements and submit candidates at a rate that the supplier sets. All of this occurs in a highly competitive marketplace, which ensures the highest service, qu...