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Turning Economic Challenges into Employment Opportunities

hrQ

Balancing your sourcing among onshore, nearshore and offshore resources – for both goods and people – can help you optimize across supply chains. Automation should be integrated into your people supply chain strategy. Optimize your supply chains. The supply of goods is tied to the supply of people to produce them and vice versa.

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How To Prepare for the Future of Work: 5 Actions for HR Leaders

AIHR

With trends like e-migration and nearshoring , talent is now more accessible across traditional boundaries. Leverage data-driven workforce planning : Move beyond reactive hiring by using AI and predictive analytics to anticipate talent needs and proactively develop the talent needed.

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4 Ways PEOs Can Maintain Profitability Even in an Uncertain Economy

Prism HR

2: Lower-cost offshore or nearshore resources for back office activities can help offset rising costs of recruiting new talent. That’s why PrismHR has focused its efforts on efficiency and analytics as we’ve seen with the release of the PrismHR Data Warehouse. Wendy Katz Questco No. While we are not advocating for eliminating U.S.

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The “People Supply Chain:” How to Get Work Done Despite Shortages, Scarcity and Rising Costs

hrQ

A better strategy is to procure labor from a combination of sources — just as companies obtain materials from a mix of onshore, nearshore and offshore. Fortunately, we now have access to powerful data analytics to manage the unpredictability of talent supply. In other words, companies primarily rely on one source of labor.

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Why So Many HR Shared Services Initiatives Leave Money on the Table

Intrepid NOW

But to comprehend the full breadth of causes, I will place shared services models in three categories: Waste-for-Less models focus on performing current activities cheaper, usually through a combination of labor consolidation and geographical relocation of activities (offshoring, nearshoring, “ruralshoring,” etc.).