What a Chief Sourcing Officer can do for your company
By Cyndi Joiner and Linda Tuck Chapman
Regardless of the state of the economy or your business, effectively controlling and leveraging the cost of externally acquired services is finally being recognized as important to your company as its ability to grow revenues. Business leaders recognize that effective third-party relationships represent more than a budget line or two in operating costs, more than an opportunity for cost reduction, and more than a source of supplies and services. A point of differentiation for leading organizations is their ability to recognize that strategic relationships, outsourcing partners and top-notch vendors can and will help them deliver their business strategies and meet expectations from Wall Street to lower costs and reduce business risks.
