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E-Sourcing Grows


In a recent article from CyberAtlas, e-sourcing (outsourcing via the web) has grown significantly in the past year.

Overall, 84 percent of early e-sourcing adopters described benefits achieved as either in line or as expected. Key advantages to e-sourcing include: the ability to negotiate a 14.3 percent reduction in goods and services costs, on average; it cuts sourcing cycles in half; reduces sourcing administration costs by nearly 60 percent; and shortens time-to-market cycles by 10 percent to 15 percent.


Consumers are also "outsourcing" their work. Online checking is a good example of something that consumers did themselves, but now outsource.


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