A short prese

1. What you need to know

2. * What is Supply Chain Outsourcing?
* Cheaper Services
* Reduction in Errors
* Employees More Productive
* Problems and Risks
*

3. * Supply chain outsourcing is when a business
gives the responsibilities of one operation to an
external service provider
* The service provided is often not associated
with the business and is often in a different
country
* Outsourcing is now a very pertinent practice
due to the boom in internet usage
*

4. * Supply chain outsourcing is most often done for
the purpose of saving money and improving
efficiency
* Having your business’s employees do
monotonous work is almost always more
expensive than outsourcing the job
* With busy work out of the picture, efficiency is
greatly improved and the company is at design
to cost
*

5. * Employees make mistakes and may become
tired of the work you give them
* These problems affect the productivity of your
employees, slowing down the entire work flow
* When work is outsourced, these problems
become nonexistent because you can always
hire more workers for the demand of work
*

6. * When miniscule work problems and
monotonous jobs are eliminated, workers can
focus on the big picture work that is most
significant for your business.
* Mundane jobs can be slowed down by new
technologies- you won’t have to worry about
this when outsourced companies take care of
these jobs
*

7. * Sometimes, service providers do not provide
quality service (not correct, not on time, etc.)
* Business owners must be aware of this risk
before hiring external service providers.
* To protect from these risks, make sure to do a
thorough verification of the service provider
before hiring them
*

8. * Supply chain outsourcing is hiring external
service providers to do mundane tasks
* This way, costs and errors are reduced and
employees can focus on big picture tasks.
* However, there are risks that one must keep in
mind before beginning supply chain outsourcing
* Evaluate the risks and decide whether supply
chain outsourcing is right for your business.
*