Versatex LLC received an MSP contract to be the exclusive provider of contract labor and staffing for the Proctor &Gamble Co. in North America. The value of the deal was not announced, although it was in the nine figures, according to a spokeswoman.
“Versatex was awarded the managed service provider contract based on its ability to deliver on innovation, cost effectiveness, exemplary service, expected executional excellence, responsiveness and diversity,” said Rick Hughes, chief purchasing officer at Procter & Gamble.
Cincinnati-based Versatex was established in 2009 by Total Technical Services, a provider of technical staffing, and XLC Services LLC, a provider of distribution and manufacturing support. Both Total Technical Services and XLC Services have been suppliers to Proctor & Gamble for a total of more than 30 years.
Is this really a “North American Deal”? I have never heard of Versatex in the Canadian market. Looking at their website they DO NOT have a Canadian footprint.
I also really do not see them as a true MSP in the sense of contigent workforce management.
Anyone else have any experience with Versatex or insight into the Proctor and Gamble Arrangement?