Welcome back to another installment of Whitepaper Wednesday here on the Purchasing Certification Blog. Today, I’ll be reviewing a whitepaper entitled “Demystifying Sourcing” from Patni.

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The title of this whitepaper may be a little deceiving as it doesn’t really get into the sourcing process as a reader of this blog may expect. What it does do is explain the fundamentals of outsourcing.

While the content is rather basic, I did find the paper written in a very easy-to-understand manner. If you are just getting into exploring outsourcing, it really has some concise, valuable coverage of the basics included. Here are a few highlights:

  • The whitepaper gives definitions of terms like sourcing, outsourcing, captive sourcing (having a service performed with employees), shared services sourcing, offshore sourcing, near-shoring, and global sourcing.
  • The whitepaper compares the benefits and challenges between captive sourcing and outsourcing
  • The whitepaper compares the benefits and challenges between offshoring and local sourcing
  • The whitepaper addresses five myths associated with offshoring and outsourcing

So, while basic, the whitepaper does cover some things that managers responsible for making make vs. buy decisions absolutely must know. If you think that this type of knowledge can help you, you can download the whitepaper from Patni’s site. No registration is required.

Have a whitepaper you’d like me to review? Send a link to it via the Next Level Purchasing contact form.

To Your Career,
Charles Dominick, SPSM
President & Chief Procurement Officer
Next Level Purchasing, Inc.
Struggling To Have A Rewarding Purchasing Career?
Earn Your SPSM® Certification Online At
http://www.NextLevelPurchasing.com

Charles Dominick, SPSM, SPSM2, SPSM3

Charles Dominick, SPSM, SPSM2, SPSM3 is an internationally-recognized business expert, legendary procurement thought leader, award-winning entrepreneur, and provocative blogger. Charles founded the Next Level Purchasing Association in 2000, oversaw its incredible growth, and successfully led the organization to its acquisition by the Certitrek Group in 2016. He continues to blog and provide advisory services for the NLPA on a part-time basis as he incubates his upcoming business innovations. Charles is also the co-author of the wildly popular, groundbreaking book, "The Procurement Game Plan: Winning Strategies & Techniques For Supply Management Professionals."

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