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Talent
Supply Chain Application is an emerging category
of enterprise software that helps businesses dynamically
integrate people, processes, and information within
and across enterprise boundaries for entire life
cycle of contractor engagement. InfoKnox
Talent Services Network™ is an On Demand
application that is delivered as a
Software-as-a-Service (SaaS) over the Internet.
On Demand Applications provide companies with unparalleled
speed and flexibility allowing them to do business
spontaneously with anyone, anywhere, anytime. Based
on a Service Oriented Architecture (SOA), On Demand
Applications enable companies to publish standards
based business processes and transactions that customers
and business partners can discover and self-provision
into their own business processes with a few clicks
of a mouse. Companies will build on each other's
services in this manner, creating new loosely coupled
applications and driving unparalleled business flexibility
and speed to market with new products and services.
Imagine service buyers and providers saving hundreds
of millions of dollars in annual administrative
costs by eliminating disconnected collaboration
with IT service supply chain partners for complete
requisition-to-fulfillment process for contractors.
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| In the knowledge economy,
labor is the fastest-growing expense, and talent,
in cold economic terms, is inventory.
Much as supply chain management software changed
the rules of inventory management, the coming
of age of human - capital management promises
to usher in a new era for workforce management.
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| McKinsey Quarterly
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