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Role of Strategic Sourcing in a Changing World

In: Strategic Outsourcing

Author

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  • Bharat Vagadia

Abstract

The recent economic turmoil witnessed by the global economy has brought outsourcing, managed services and shared services to the top of the board room agenda. Organisations are now re-examining their business models and structures and outsourcing is being seen as a tool for business transformation. The recent focus by many organisations on cost reduction, however, may cause more problems than they solve. This chapter outlines briefly the recent forces for change in the outsourcing landscape and concludes that while the outsourcing decision must be considered as a legitimate business strategy, it must be considered with a great deal of care.

Suggested Citation

  • Bharat Vagadia, 2012. "Role of Strategic Sourcing in a Changing World," Management for Professionals, in: Strategic Outsourcing, chapter 1, pages 1-6, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-642-22209-2_1
    DOI: 10.1007/978-3-642-22209-2_1
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