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SCM Outsourced Activities
Procurement/SCM leaders currently outsource various services to third-party providers, partially or entirely. 33% outsource logistics and transportation, followed by 20% who outsource warehousing/inventory management and 14% for IT and technology services. Outsourcing select supply chain functions to specialized partners enhances operational efficiency, ensures access to cutting-edge technology and expertise, and enables procurement and SCM teams to concentrate on driving strategic value and long-term competitive advantage.