Insight Report 7 minutes PremiumSearch for Cost Cuts Could Prompt a Surge in Outsourcing amid Coronavirus Crisis Coresight Research April 22, 2020 What's InsideThe negative impacts of the coronavirus pandemic are being felt by retailers around the world and have already provided lessons for the future. In response to the crisis, we expect more companies to outsource key business functions to better manage their costs and minimize risk in a downturn economy. We discuss the key benefits to retailers of implementing an outsourcing strategy—particularly during an economic crisis—such as creating flexibility in companies’ cost bases. We also consider the different business functions that can be outsourced, as well as the benefits that companies could achieve by adopting new technologies. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2024, Week 47: Big Lots Announces Even More Store ClosuresEssential Guide to Shoptalk 2024: Strategies and Opportunities Across Five Retail ThemesInnovator Profile: Loyalty Games Engages Younger Consumers with Loyalty-Focused Mobile GamesWeekly US and UK Store Openings and Closures Tracker 2023, Week 15: Closures Up in US and UK