Explain why the purchasing/scm function is increasingly a major contribution towards accomplishing strategic corporate objective.

describe the concept of outsourcing; identify reasons why compaines engage in outsourcing, important contractual elements for a succesfull outsourcing relationship, pitfalls of outsourceing, and best practices for sucess/

describe in details the main types of hidden costs in the outsourcing process and best practices for ensuring that total ost of ownership is completely understood and measured.