Why use managed learning services to procure training?

Why use managed learning services to procure training?

Managed learning services involve outsourcing the management of an organisation’s learning and training programmes to a third-party provider.

A procurement manager might be interested in managed learning services for a variety of reasons, as these services can bring significant benefits to their organisation’s learning and development initiatives.

Here are some reasons why a procurement manager might find these services appealing:

  1. Cost efficiency: Managed learning services providers often have established relationships with training suppliers and can negotiate bulk discounts for training, materials, and resources. This can result in cost savings for the organisation.
  2. Streamlined procurement process: Procuring training resources and services individually can be time-consuming and complex. Managed learning services providers can centralise the procurement process, making it more efficient and reducing administrative burden.
  3. Access to expertise: Managed learning services providers typically have expertise in designing, developing, and delivering effective training programmess. Procurement managers can leverage this expertise to ensure that the training initiatives align with the organisation’s strategic goals.
  4. Scalability: As an organisation’s training needs change, managed learning services can easily scale up or down to accommodate those changes. This flexibility can help the organisation adapt to evolving business requirements.
  5. Focus back on business strategy: By outsourcing the management of learning services, the organisation’s internal resources can focus on core business activities, while the provider handles the complexities of training management.
  6. Standardisation: Managed learning services can help ensure consistent quality and content across various training across their organisation. This is especially valuable for organisations with multiple locations or departments.
  7. Technology integration: Many managed learning services providers offer integration with advanced learning management systems (LMS) and technology platforms. These platforms can streamline the delivery of training, tracking of progress, and reporting.
  8. Risk mitigation: Managed learning services providers often have experience in compliance and regulatory training. They can help ensure that the organisation’s training programmes adhere to relevant regulations and industry standards.
  9. Time savings: The procurement manager can save time by not having to individually research, negotiate, and manage multiple training providers. Instead, they can work with a single provider who manages these aspects.
  10. Performance measurement: Managed learning services providers often offer detailed reporting and analytics, allowing the organization to measure the effectiveness of training initiatives and make data-driven decisions for improvement.
  11. Customisation: Managed learning services can be tailored to the specific needs of the organisation. This customisation ensures that the training programmes align with the organisation’s culture, objectives, and employee skill development needs.

In summary, a procurement manager might be interested in managed learning services due to the potential for cost savings, efficiency gains, access to expertise, scalability, and the ability to focus on core business activities while outsourcing training programme management.

Find out more about our managed learning services.