Procurement teams benefit from the use of managed learning services for L&D procurement for several reasons, including:
1. Cost efficiency: Managed learning services can help organisations streamline their learning and development processes, leading to cost savings. By outsourcing these services, companies can avoid the need to hire and train their own learning and development staff, with the direct costs and overheads this entails. Managed learning services providers have considerable buying power with training suppliers, which enables them to source training at a significant discount, and pass these savings on to their clients.
2. Expertise: Managed learning service providers typically have expertise in instructional design, content development, and learning technologies. They can offer best practices and insights that may not be readily available within the organisation.
3. Scalability: Managed learning services can easily scale to meet the changing needs of an organisation. Whether you need to train a small group of employees or launch a large-scale learning initiative, providers can adapt to your requirements.
4. Access to technology: Good providers have access to advanced learning management systems (LMS), e-learning platforms, and other state of the art learning technology, which may not be cost-effective to implement in-house.
5. Customisation: The best providers customise their solutions, tailoring content and delivery methods to align with the company’s goals and culture.
6. Time savings: Procurement teams may value managed learning services because they save time. By outsourcing the management of training programs, organisations can concentrate on their core business activities while the provider takes care of the administrative and logistical details.
7. Compliance and reporting: Managed learning services can help ensure that training programmes comply with industry regulations and standards. They often offer robust reporting and analytics tools to track and measure the effectiveness of training initiatives.
8. Supplier management: When using managed learning services, procurement teams can work with a single supplier for a range of learning and development needs, simplifying supplier management and reducing the complexity of supplier relationships.
9. Focus on core competencies: Outsourcing learning services allows organisations to concentrate on their core competencies, leaving the training and development expertise to professionals in the field.
10. Quality assurance and risk management: Managed learning service providers often have quality control mechanisms in place to maintain the quality and consistency of training content and delivery.
Overall, the use of managed learning services can help organisations efficiently and effectively address their learning and development needs, leading to a more skilled and knowledgeable workforce, better compliance with industry standards, and cost savings in the long run.
Procurement departments may be particularly interested in these benefits as they seek to manage costs and supplier relationships while improving the overall quality of learning and development programmes within the organisation.
