Extract value from each phase of the sourcing process
Published June 2020
This infographic was produced by Info-Tech with a quote from Claritum.
Choosing a sourcing strategy, selecting the right vendors and
managing productive relationships are key responsibilities of the modern
IT department. Effective sourcing requires effective strategy
formulation, procurement and ongoing management.
Why organizations outsource
They lack the resources or expertise to deliver product/service in-house.
To capitalize on economies of scale and cost savings.
To develop partnerships that foster innovation and help accomplish business goals.