Remove Co-Sourcing Remove Efficiency Remove Inventory Management
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The Glossary of Outsourcing Jargon by Premier BPO

Premier BPO

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. Placing a company’s operations in the optimum location that provides the highest combination of efficiency and lowered cost. Right shoring. Nearshoring.

BPO 130
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Business process reengineering (BPR) examples

IBM Services

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This can lead to can significant improvements in efficiency, accuracy and scalability and enable the organization to operate more effectively.

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7 inspiring digital transformation success stories

The Scalers

Enhancing operational efficiency. For instance, manufacturing companies undergoing digitalisation can automate inventory management to speed up deliveries. Today, IKEA is integrating AI and drone technology in warehouses to improve inventory management. Increasing revenue.