Relentless competition in the domestic and international markets is forcing companies to find better ways of doing business with fewer resources. Successful organizations are concentrating on “core competencies” to enhance their competitive position. This strategy requires organizations to identify and retain critical products, processes, or services in the value chain which are close to their core competencies while outsourcing other processes. This article focuses on process outsourcing as a m…

Nutrient analysis to verify the accuracy of label claims is an appropriate function for outsourcing because it has clear boundaries, is standardized and predictable, and has the necessary volume to take advantage of scale economies. Photo courtesy of Covance Laboratories, Madison, Wis.

Benefits of Outsourcing

Risks of Outsourcing

Minimizing Risk

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