Toyota Achieves Unparalleled Workforce Visibility with Magnit

$620K Direct Sourcing
Cost Savings

35% Conversion
Rate of Positions

13% Increase in
Diversity Spend

Get to Know Toyota

Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 65 years, and is committed to advancing sustainable, next-generation mobility through Toyota and Lexus brands, plus nearly 1,500 dealerships. Toyota directly employs more than 39,000 people in the U.S. who have contributed to the design, engineering, and assembly of more than 33 million cars and trucks at nine manufacturing plants.

Business Challenges

Identifying several roadblocks impacting overall contingent workforce strategy.
Lacking visibility into hiring across the entire organization.
Distributing talent across multiple repositories with no standardization.
Struggling with existing technology that couldn’t provide streamlined traffic flow, creating a difficult candidate experience.
Facing risk and compliance issues due to the absence of a monitoring system, leading to inconsistent contracts and rates.
Managing manual work and frequent delays in billing and invoicing across 100+ suppliers.
Seeking an automated solution to improve the contingent labor experience, centralize systems, and support diversity goals.

Key Business Outcomes

100% Certified Diversity Spend
43% fulfillment rate
1.5 interviews per open request
Decreased Time-to-Fill by 18 Days
Increased Visibility to Hiring Across the Organization
Readily Available Business Insights

Download Case Study

"We have partnered with Magnit to increase our diverse worker population, improve overall candidate experience, and develop our contingent program. We are going to continue to develop our strategy thanks to the expertise of strategic advisors from Magnit."

Tres Garza

Senior Manager Talent Acquisition, Toyota

Toyota Achieves Unparalleled Workforce Visibility with Magnit

Toyota Achieves Unparalleled Workforce Visibility with Magnit

$620K Direct Sourcing Cost Savings

35% Conversion Rate of Positions

13% Increase in Diversity Spend

Get to Know Toyota

Business Challenges

Key Business Outcomes

"We have partnered with Magnit to increase our diverse worker population, improve overall candidate experience, and develop our contingent program. We are going to continue to develop our strategy thanks to the expertise of strategic advisors from Magnit."

Tres Garza

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$620K Direct Sourcing
Cost Savings

35% Conversion
Rate of Positions

13% Increase in
Diversity Spend