What value creation activities should a company outsource to independent suppliers? What are the risks involved in outsourcing these activities? Take any local organization to support discussion

Firstly, outsourcing simply means transfer of a business activity to a third party vendor. The value creation activities that a company should outsource to independent suppliers are as follow:

- Activities which are risky to be perform in-house

- Activities which can improve business process such as higher flexibility and reduced inventory

- Activities which can be performed in a cheaper and better way by supplier

It is important to know that outsourcing help companies saves time and resources and reduces any shortage of skill in the area where they want to outsource.

Despite the huge benefit of outsourcing, there are risk involve in activities of value chain for a company, these are

- Failure of vendor to deliver

- Data security may be leaked

- Processes may face discipline issues.

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.