What is a Supply Chain BPO?
Supply chain business process outsourcing is contracting with third parties to perform certain operational duties and processes. Consider outsourcing as the transfer of complicated supply chain operations to external partners that specialize in them, freeing up in-house people to focus on core and strategic business functions. Outsourcing is the process of transferring the strategy, implementation, and control of supply chain operations like sourcing, procurement, logistics , and distribution to third parties. Most businesses today outsource at least portion of their supply chain activities, including demand forecasting, supply planning, and inventory management, as well as accounts payable and logistics. Why Businesses Need a Supply Chain BPO. The economic and corporate environment have become more unstable in recent years, with upheavals occurring more frequently than ever before. In current unpredictable market conditions, firms must select and collaborate with t...