SupplyChain Magazine August 2020 | Page 34

THERE ARE CONSIDERABLE BENEFITS TO OUTSOURCING NON-CORE ACTIVITIES , INCLUDING :
PROCUREMENT

Outsourcing is an increasingly popular trend in procurement . But do the benefits outweigh the risks ?

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W ith keeping up with the latest trends of a fast-paced and constantly evolving market both difficult and expensive , many organisations are beginning to turn to outsourcing as a solution . This allows a company to spend more time adapting their operations for long-term change , while the outsourcing partner handles the non-core activities .

THERE ARE CONSIDERABLE BENEFITS TO OUTSOURCING NON-CORE ACTIVITIES , INCLUDING :
• Making more time for internal staff to focus on the business ’ s core activities .
• Providing the ability to access expert , high quality services without the need for staff training and operating costs , investment in new technologies etc .
• Allowing increased productivity and efficiency in outsourced activities .
• Streamlining of operations .
• Faster adaptation to change .
• Decreased issues with team management .
• Reduced overall operational costs .
AUGUST 2020