Off late manufacturing sector, outsourcing is becoming more the norm than the exception. Companies have become more and more specialized within their value chains. OEMs that traditionally were production-oriented are increasingly outsourcing many of their manufacturing and supply chain functions to third parties (contract manufacturers, freight forwarders, and third-party logistics providers). Back-office functions, such as accounts payable, human resources, and IT management are steadily being sourced to specialized Business Process Outsourcing (BPO) firms.
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