Companies review outsourcing deals to cut costs.
| Position | First in ... |
The recession is prompting many firms to re-evaluate their outsourcing contracts and attempt to renegotiate terms or parcel off elements to different suppliers. Two-thirds of respondents to PA Consulting's international IT outsourcing survey said that they were planning to change their existing arrangements this year.
But many companies would be better off trying to get more value from their current deals, according to Graham Beck, senior sourcing adviser at PA Consulting. He warned that many were unaware of the risks involved in "multi-sourcing".
"This may drive down...
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