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The focus areas typically include firm activities like inbound and outbound logistics, procurement, manufacturing operations, service operations, complexity management, change management, , business process redesign/reengineering.
Evolution
In the early part of the decade, companies were grappling with a global economic slow down and demanded performance improvement related services essential to reduce costs and increase margins. Outsourcing and supply chain initiatives were centered on sourcing and procurement for low cost destinations.
Companies wanted quick wins to decrease their high cost base built up during the preceding years of high growth and stabilize the declining profit margins...
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Common topics in this essay:
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