Chapter 12. Supply Chain Partners
The supply chain and logistics function is always a prime candidate for outsourcing. Strategically speaking, most successful companies stay with their core competencies and let outside entities help with the rest.
This can range from sourcing of functional areas such as materials, transportation and/or warehouse services, manufacturing to most of an organization, known as a “virtual company”.
There are actually four major ways to get things done in business. They are:
1. Internally - Processes that are core competencies are usually the best way to perform an activity.
2. Acquisition - Gives the acquiring firm full control over the way the particular business function is performed. Can be difficult and expensive. ...
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