Archive for May, 2007

May 01 2007

Emergence of the Sourcing Professional

Published by Brad Rubin under General

As the outsourcing paradigm continues to boom, and companies learn that they gain competitive advantage by removing non-core functions of their business from their everyday operations, the ability to research, assess, source, manage and sustain strategic outsourced relationships is increasingly critical to competitive success. Executives are quickly learning that outsourcing is no longer a simple strategy for cost reduction initiatives, but rather a mechanism to empower enterprise growth by forming strategic partnerships with 3rd party vendors.

Outsourcing, in particular Business Process Outsourcing (BPO), is now viewed as an integral part of business strategy to provide higher quality products and services while increasing the bottom line and operating income. By offloading an entire business function that is not a core competency, a company can remove the burden of fixed-costs, capital investment, technology obsolescence, and human resources to staff these functions. Further, outsourcing empowers a business to scale and grow rapidly by minimizing costs, maximizing efficiencies, and reducing overall business risk.

To stay competitive, it is essential for a company to identify the right outsourcing strategy, create strategic alliances with the right vendors, and hire the right people to manage outsourced services. Once the value of a qualified outsourcing professional is understood, executives will find themselves reaping the rewards of happy customers, shareholders, and company success. Obtaining a qualified sourcing professional to manage strategic vendor relationships will only empower a company to achieve more.

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