While the demand for virtually all forms of outsourcing has surged in the last several years, many companies remain hesitant to enlist the help of third-party services. A close look at the reasons given for such hesitation, however, often reveals that such concerns are the result of misconceptions about how outsourcing works, how much it costs, and what it can mean for a company’s growth.
To better understand why some companies don’t outsource, Ryder partnered with Inc. to conduct a survey of 385 Inc. readers–representing both small business owners and large-company decision-makers. The results revealed a disconnect between the reasons some companies have or have not outsourced, and the substantial benefits achieved by those that do outsource.
In this piece, we’ll take an in-depth look at three of the most commonly cited misperceptions regarding fleet management and logistics outsourcing.
Myth #1: A third-party provider can’t execute as well as you can.
Even the best-managed organizations can’t excel at everything. Outsourcing allows a company to focus on the aspects of its business that maximize its internal skill sets, while leaving other elements to third-party vendors who are experts in those areas. In fact, the survey results found that “Access to Functional Expertise” was the number one reason businesses choose to outsource, with 65% of respondents listing it as a deciding factor.
Read the full article in www.inc.com here.