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Sourcing strategy: an imperative in the connected economy

In: Outsourcing Success

Author

Listed:
  • Alpesh B Patel
  • Hemendra Aran

Abstract

The need to maximize the use of outsourcing to improve financial, operational, and management performance has never been greater. Historically, the primary reason for outsourcing has been to reduce operating costs and this remains a primary factor. However, now outsourcing has become an important element of business performance transformation, which concentrates resources on core competences and aligns all resource decisions with key business strategies.

Suggested Citation

  • Alpesh B Patel & Hemendra Aran, 2005. "Sourcing strategy: an imperative in the connected economy," Palgrave Macmillan Books, in: Outsourcing Success, chapter 0, pages 37-46, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51253-5_4
    DOI: 10.1057/9780230512535_4
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