The process of identifying an organization’s talent needs and identifying, acquiring, and retaining talent for those needs is essentially human capital supply chain management.
A supply chain is a system of organizations, people, technology, activities, information and resources involved in moving something of value (a product, a service, or a person) from a source to a customer/consumer.
Conventional supply chain activities transform natural resources, raw materials and components into a finished product that is delivered to the end customer.
In recruiting, human capital supply chain activities transform relationships and data (ad responses, resumes, social networking profiles, etc.) into candidates that are delivered to hiring managers.
So why is it that there is quite a bit of resistance to applying proven supply chain management principles and practices to human resources and recruiting functions?
Let’s take a look at how Lean principles and Just-in-Time concepts can and should be applied to recruiting. I’ll be covering this topic at TruLondon 3– so if you will be in attendance (live or virtually), this will be an excellent prep for you. Continue reading