Trends & Issues

Building a Platform to Assess the Challenges of Outsourcing Risks to Produce Better Results

Start by finding partners to build long-term relationships
— By Angela Engle

Outsourcing of manufacturing processes provides many US-based women and minority companies with highly competitive operational and financial advantages, such as reduction of costs, quality improvement, operational expertise, ability to focus on the core competency, tax benefits, access to a larger pool of skills, and so on. Although off-shore operations often generate controversy, properly implemented outsourcing activity ultimately increases shareholder value and is a strategic advantage to a company of any size.

As the outsourcing market has matured and expanded, s....