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Topic : Outsourcing for SCM
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Innovations in SCM

 
Started by : Shailena Varma, Logistics Manager, Target   10 21 2008 09:20:45 +0000
Industry : Retail Chain/LogisticsFunctional Area : Outsourcing(Operations)
Activity:  37 views;  last activity : 07 06 2010 20:18:09 +0000

Outsourcing is subcontracting a process, such as product design or manufacturing, to a third-party company.

Have you ever wondered why companies outsource? You think you know the answer? So why not let others too know about it ?

 

 
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1 2 3 4 5
1 Free from challenges
2 Faster deliveries to customers
3 To avoid labour problems
4 Updated and world class technology at lower rates
5 Risk Management

Free from challenges

idea posted by Vijay Nadar Sales/BD Manager, TCS
We know that growth is always associated with more resources, employee health care and it is challenging to keep up with ever changing technologies and keeping oneself up-to-date is not an easy job, but if one decides to outsource, then companies can make themselves free from all these challenges.
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Faster deliveries to customers

idea posted by Shailena Varma Logistics Manager, Target
Outsourcing will surely help company to make quicker deliveries to customers. Companies outsourcing partner will be able to provide faster deliverables and in turn company will be able to make quick deliveries to the customer. Faster deliveries can also help company save on time.
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To avoid labour problems

idea posted by Akhilesh Majumdar Logistics Manager, Tesco
If a company is constantly facing labour problems then it will start affecting its productivity and performance,then outsourcing will be a viable option. Companies can in such cases use suppliers infrastructure, manpower and facilities for production and concentrate on marketing or getting business.
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Updated and world class technology at lower rates

idea posted by Vijay Sharma Logistics Manager, Reliance retail
Investing in new technology is very costly and often risky. As the technology market develops rapidly, it is difficult to keep up with latest innovations and solutions. Thus outsourcing to companies that have the resources, expertise and desire to continuously update their technological solutions, offers a true advantage of outsourcing.
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Risk Management

idea posted by S.KUMAR BD Manager, CONFIDANTIAL

As a company grows risks appear. Most business owners fail to foresee this and are not prepared with a good risk management strategy to apply. In this case the only real solution would be to hire an expert company to do this and there are many that can be contacted through outsourcing.

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