No quantifiable criteria to measure outsourcing performance

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Many firms fail to set quantifiable criteria for judging outsourcing success.

Although the demand for outsourcing is on the rise, most companies do not have a framework to quantify the benefits that occur in tandem with the growth in outsourcing or to gauge the success of sourcing arrangements. Cost reduction is responsible for this inadequacy. This kind of narrow approach can be detrimental to a company's long term goals according to experts.

Comments...If you don't know what you are reaping, what's the point of sowing in the first place!

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