The next big opportunity to build competitiveness: intelligent logistics outsourcing

The cost savings and efficiencies associated with outsourcing have been a major factor in corporation's ability to control costs and maintain profitability. There is no question, outsourcing has worked. But new challenges are emerging and high expectations associated with outsourcing are increasingly hard to meet. How can we move forward? The way forward requires a new approach that goes beyond traditional outsourcing and has matured beyond cost reduction to become a way for organisations to better access talent and capabilities, gain more flexibility, reinvent their business model and drive innovation. Thus, business leaders are presented with a unique opportunity – intelligent logistics outsourcing to recast their organizations for the next wave of growth. This new intelligent outsourcing recognizes that the real power of outsourcing is in the innovations, mutual deeper relationship between a provider and its client, measurement and governance. To implement it, a new operating model must be adopted.