(Answered) Read the forbes article risky business high payoffs

Management Studies

Read the Forbes article, "Risky Business, High Payoffs (http://www.forbes.com/2008/05/25/core-deals-strategy-oped-cx_jh_pb_outsourcing08_0529risk.html)." Based on the content presented in the article, what is the value to the company and the supplier in developing and implementing a Third Party Supplier Relationship Management System (3 P.L.S.M.S.)? How can such a system provide greater efficiency? In 200-250 words, describe the value to the organization. Respond to at least two of your classmates' posts.

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