Formal Sourcing Strategies Lead to Higher ROI From Outsourcing: Double-Digit Growth and Strategic Sourcing

Topics:
Human resources management system,
Strategic Management Tools
Tags:
Business Operations,
Strategic Sourcing,
Sourcing,
Roi/Tco,
ROI,
Purchasing & Procurement,
Outsourcing & Subcontracting,
Outsourcing,
Managerial Accounting,
Management,
...
Source:
Hewitt Associates

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Overview: The analysis of CFOs' perspectives on outsourcing finds that double-digit growth (DDG) companies are more likely to have formal sourcing strategies in place, to make greater use of outsourcing, and to achieve a higher ROI from outsourcing than their peers at single-digit growth (SDG) companies. Double-digit growth companies are more likely to have a strategic perspective on outsourcing and to view their provider relationships as part of a holistic business strategy. They are strategic about what and why to outsource; more frequently outsource, and have sourcing strategies that generate better results.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 557KB | Date: Apr 2004 | Pages: 10

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