Why Outsource?

A survey of senior executives conducted by The Outsourcing Institute™, based in Jericho, New York, reveals that companies look for three main functions from outsourcing providers - information technology, operations and logistics. The survey also reveals the 10 reasons why companies outsource:

Reduced operating costs
Improved operating focus
Access to world class capabilities
Redeployment of internal resources
Lack of internal resources
Risk reduction
Improved management of difficult functions
Acceleration of reengineering benefits
Improved access to and use of capital
Cash infusion

Outsourcing has become a much-relied-on strategy in recent years as companies strive to achieve all or some of these benefits in intensely competitive markets.