Your relocation management company is only as good as the supply chain it relies on to move your highly-valued employees. And today it seems there are more hands involved in the process than ever before. In fact, as talent deployment grows increasingly critical to business growth, C-suite and procurement professionals have voiced concern that the workforce mobility supply chain has become too fractured, with too many touch points and unnecessary complexity bringing increased risk.
In response, we have sought to eliminate supply chain management layers, taking steps toward vertically integrating our supply chain and building organizational core competencies. By performing more key mobility functions in-house, we can maintain greater point-to-point accountability over every transfer, boosting speed, efficiency and employee satisfaction and productivity, while delivering an unrivaled value proposition.
This is a philosophy we have embraced since 2005, when we acquired PwC’s Global Mobility practice, integrating specialized international tax and compensation expertise into our Assignment Management Services team. The latest steps toward an optimized supply chain include the 2013 launch of Weichert Real Estate Support Services (WRESS) and Weichert Transportation Solutions (WTS). Through WRESS and WTS, we have brought two critical components of the mobility process in-house — respectively, title and closing services and household goods move management, respectively. This makes us makes us less reliant on outside vendors while maximizing accountability and efficiency.
We have also established our industry’s first wholly-owned tax subsidiary, Weichert Mobility Tax Services, offering a comprehensive suite of tax capabilities, including tax preparation for domestic and international assignees, tax consulting and tax compliance services.
With our New School approach to supply chain management, we actually control more elements of the supply chain. The result is better service, lowered risk and reduced costs. And we’ll continue to seek new ways to expand the breadth and depth of our core competencies so we can better serve our clients and their mobile employees.
For those outside suppliers we continue to rely upon, we conduct an annual Supplier Risk Assessment — a proprietary, comprehensive analysis of our suppliers’ financial health and performance metrics. This process ensures that our partners can continue to provide uninterrupted service to our clients and their employees.