US businesses favor more outsourcing in rocky economy, says report

October 14, 2002—Outsourcing has become a critical tool for corporations responding to choppy economic times, according to a report from business intelligence firm, Cutting Edge Information. The world’s top companies have moved beyond using outsourcing to shore up weakness to profiting from outsourced relationships.

Outsourcing from Strength,” available online, reveals how top companies such as General Electric, General Motors, IBM, Disney, Pfizer and Microsoft have used outsourcing to increase their focus on critical core competencies and drive bottom-line profits, even in a down economy.

“Outsourcing From Strength” features innovative practices from more than 50 companies across 20 industries. It reveals how companies slash costs and streamline operations by handing off non-core work. The report also details the strategies and tactics top organizations use to boost profitability through prioritized vendor selection and relationships.

Key report findings include how to:

  • Identify key reasons for outsourcing
  • Align outsourcing needs with core company strategy
  • Vet vendors with a structured process
  • Build productive relationships with vendors
  • Measure success and review assumptions

For more information, contact Cutting Edge Information at 919-403-6583.

Topics

Share this article

LinkedIn
Instagram Threads
FM Link logo