OUTSOURCING CONCEPT: THE ENDURING STRATEGY FOR MODERN BUSINESS ENTERPRISE SIMPLY BY BRIGHT Watts. AMADI Article

FREELANCING CONCEPT: THE SURVIVING TECHNIQUE FOR MODERN

COMPANY

BY

GLOWING W. AMADI

Introduction

The idea of outsourcing can be traced to the concept of Source Chain Management that is centred on price minimization and optimization of operational key competent.

It is not necessarily to be asserted that company operates in varying environment of activities that is supported to achieving customer satisfaction and boost shareholders' expenditure or revenue. Outsourcing concept quickly observed to be the concentration to MAIN COMPENTENCE from the enterprise. And thus, other promoting activities in which they do not include core competence in are outsourced to other companies with the perspective of rendering customer centric business in a minimal price. In other words, continuum of actions considered maverick are undertaken by exterior enterprise that do not share the same vision, mission, and operational plan of the freelancing enterprise with all the view of optimizing all their specialty.

In addition, outsourcing is the product of comparative cost advantage on the enterprise level. It's thought is to summarize and focus Efforts, Talents, Machines, Person, Money and Time within the activity(ies) in which they are regarded professional qualified and give out other helping activities to outsider pros leveraging on the unequal experience to satisfy their very own serving customers and increase return on investment. Therefore , modern organizations do not execute all their activities alone. But have learnt how to use the professional services of others to better their particular business in a controlled system.

Fawcett ainsi que. al (2007) enjoined managers to find the better way to do business if it is likely. In logistics, if you go an hour with out a screw-up, you could have had a superb day (Gus Pagonis in Fawcett in. al 2007). Procurement pundits and Operation Managers should always think out your better technique of managing their very own business operation to fruition.

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