2025Antim PraharMBA

Supply Chain & Logistics Management 

The Most Important Questions

Antim Prahar

1 Outsourcing: Nature and Concept and importance

Nature and Concept of Outsourcing

• Outsourcing refers to the practice of contracting out business processes, tasks, or services to third-party providers.
 It allows companies to focus on their core competencies while delegating non-core functions to external specialists.
 Commonly outsourced activities include IT services, customer support, manufacturing, logistics, and HR functions.



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