LYCOS RETRIEVER
Outsourcing: Providers
built 614 days ago
One of the first value outcomes resulting from shifting ownership of Michelin North America's logistics process to outsourcing provider, TNT North America, was a $70Million cash flow increase in just one day. The money was then invested in critical strategic objectives. That was just the start of several transformational initiatives the two successfully achieved.
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"Optimizing outsourcing effectiveness is becoming a high priority for C- level executives," said Tom Weakland, who leads Diamond's Strategic Sourcing Advisory practice. "We are going to see companies scramble to find advisors who not only have the skills to review contractual agreements, but who ... are willing to provide hands-on management of offshore resources at remote locations, and who can design and track meaningful measures of provider performance."
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In a recent ComputerWorld article, Gerry Clark of TPI offered his perspective on outsourcing trends. One of the most interesting things that Mr. Clark highlighted was the increasing effort provider markets take to distinguish themselves from other markets. He says:
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