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1 year access to The Outsource Decision - PEX1004

Non-Member Price:$189
Member Price:$99

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You are registering for one year of access to this Knowledge Center course, starting the date of purchase.

2 CEHs - This two-hour Online Self-Study focuses on the process and management of outsourcing, and explores the need for Purchasing to maintain an on-going oversight of the arrangement.

Topics covered include:
What you should and should not outsource
How to conduct a make-buy analysis
Types of outsourcing arrangements

Levels of oversight and management of outsourcing arrangements
Organizations must decide which activities they simply need to get done effectively, and which are the critical activities that drive value in their business. This is where the outsource decision, also known as the make-buy decision, comes into play.

Outsourcing is essentially hiring a third party to perform an activity. Organizations are more frequently outsourcing activities they feel are not critical, they are not good at, or they do not otherwise wish to perform inside the organization. In some cases, the organization may outsource an entire function, process or assembly. This can create a great deal of dependency on key suppliers. It is also important to organizations that the outsourced aspects of their business be transparent to customers and seamless in operations. Thus, it is critical to select and manage outsourced relationships well.

In this two-hour Online Self-Study, you focus on the process and management of outsourcing, and explore the need for Purchasing to maintain an on-going oversight of the arrangement.

Remember: All Knowledge Center courses are active for one year from the date of purchase.

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