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Managing the outsourced supply chain: Good decisions can't be made without the right data

from The 21st Century Supply Chain

Carol McIntosh writes, "I recently read an article titled, 'Eight best practices for supply chain outsourcing.' It explained how some companies have adopted these best practices while others have struggled. It boils down to outsourcing the right process to the right partner and establishing clear lines of communication. The difficulty often lies in minimizing the risk of the outsourcing decision. One sure fire way to reduce the risk is by treating your partner as an extension of your business, whereby, information is shared freely without latency." more

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