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Financial Risk
If we listen to the “experts,” we might be tempted to believe that anything
that is not strategic to a business must be outsourced. Aer all, relying on
third- party specialists to support the noncore parts of your supply chain
is surely better than not relying on specialists. Specialists bring knowledge
and skills that are dicult to match internally, skills that should result in
lower costs and reduced risk. What could possibly be wrong with that logic?
at is probably what a U.S. manufacturer was thinking when it decided
to outsource its freight payments to a third- party payment vendor. Freight
payment is the process of ...