Case Study: Toyota achieves complete workforce visibility and faster, more diverse hiring with Magnit

Toyota Achieves Unparalleled Workforce Visibility with Magnit

Toyota, a leading U.S. automaker with more than 39,000 U.S. employees and nearly 1,500 dealerships, needed to modernize its contingent workforce program. The company lacked visibility into hiring, had talent spread across multiple repositories, inconsistent contracts and compliance, and slow manual billing across 100+ suppliers. Toyota selected Magnit — beginning with Magnit VMS and MSP and later expanding into Direct Sourcing, DE&I, EOR and Strategic Advisory — to create a single source of truth and automate processes.

Magnit implemented an integrated workforce-management solution (VMS/MSP plus Direct Sourcing, DE&I, EOR and Strategic Advisory) and integrated with Toyota’s HRIS, now managing 30,000+ Toyota workers from hire to termination. The engagement delivered $620K in direct sourcing cost savings, a 35% conversion rate, a 13% increase in diversity hiring in manufacturing, 100% certified diversity spend, a 43% fulfillment rate in 2022, 1.5 interviews per hire, and an 18-day reduction in time-to-fill—while eliminating manual billing, improving compliance, and giving Toyota accurate, enterprise-wide workforce visibility.

Toyota

Tres Garza

Senior Manager Talent Acquisition