Supply Chain Operations Outsosourcing: A Strategic Approach To Creating Significant Economic Value
Source: SAS Institute
Countless papers, analyst reports and perspective pieces have been written on the merits and the pitfalls associated with Business Process Outsourcing (BPO). BPO is widely accepted as a cost reduction vehicle that involves contracting the operations and responsibilities of a specific business function to a third-party service provider. In the supply chain arena, BPO has traditionally focused and thrived in the warehousing and logistics functions. Many companies today tap into expertise of third-party logistics providers to execute the transportation, physical handling and storage of products as they flow from the point of creation to the point of consumption.