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Vendors provide purely transactional services with no proactive idea generation, in-depth understanding of the business, or investment in the future of the company; as opposed to a partner. Since one size does not fit all, it is imperative to know what each, partner and vendor, bring to the table. ” — Helen Keller.
Co-Sourcing. A type of outsourcing that makes the externally hired company part of your in-house team and promotes values of sharing risk and reward is Co-souring. Right shoring. Parts of the business are moved to locations that provide additional value. . Sales Development Representative (SDR).
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