By: John Collins
Topics: Multi-sourcing, Outsourcing
Date: Winter 2014
Publication: TayganPoint Consulting Group Newsletter
Multi-tool, multi-channel, multi-use, multi-service, multi-task. In our lightning-fast , high-demand society, nothing is content to serve a singular purpose anymore. That brings us to yet another “multi” to mull over – Multi-Sourcing. This has become the latest trend in the procurement space – maximizing the strategic benefits of outsourcing by assigning business functions to the best possible provider, while also driving lower costs through competition. Multi-Sourcing is also a way of reducing the inherent risks and lack of flexibility that is often associated with being locked in to a single vendor.
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