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Developing a Right shoring Toolkit: How your organization can implement and manage effective right shoring contractsNational Outsourcing Association White Paper by Martin Edwards. Banter, 2014. NATIONAL
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What is rightshoring toolkit?
The rightshoring toolkit is a set of tools, strategies, and best practices used by organizations to determine the optimal mix of onshore, nearshore, and offshore resources for their operations.
Who is required to file rightshoring toolkit?
Organizations that engage in global sourcing or offshoring activities are required to file the rightshoring toolkit.
How to fill out rightshoring toolkit?
The rightshoring toolkit can be filled out by assessing current and future business needs, evaluating potential risks and benefits of different sourcing options, and developing a comprehensive sourcing strategy.
What is the purpose of rightshoring toolkit?
The purpose of the rightshoring toolkit is to help organizations make informed decisions about how to optimize their sourcing strategies to achieve cost savings, efficiency improvements, and risk mitigation.
What information must be reported on rightshoring toolkit?
The rightshoring toolkit typically requires information on the organization's current sourcing arrangements, the criteria used to evaluate sourcing options, and the recommended sourcing strategy.
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