No organizations are self-reliant, nor does any organization have unlimited resources. With the limited resources the organizations are not able to meet their unlimited wants. These wants compete for the scarce resources of the organization. | A study of vendor satisfaction in outsourcing in large scale public sector enterprise International Journal of Management IJM ISSN 0976 6502 Print ISSN 0976 - 6510 Online INTERNATIONAL JOURNAL OF MANAGEMENT IJM Volume 5 Issue 7 July 2014 pp. 16-29 IAEME ISSN 0976-6502 Print ISSN 0976-6510 Online IJM Volume 5 Issue 7 July 2014 pp. 16-29 IAEME http IAEME Journal Impact Factor 2014 Calculated by GISI A STUDY OF VENDOR SATISFACTION IN OUTSOURCING IN LARGE SCALE PUBLIC SECTOR ENTERPRISE Dr. B. Padmapriya Banking and Finance Jagran Lake City University Mugaliyachap Bhopal Madhya Pradesh India ABSTRACT No organizations are self-reliant nor does any organization have unlimited resources. With the limited resources the organizations are not able to meet their unlimited wants. These wants compete for the scarce resources of the organization. This further aggravates the need for organizations to outsource work that can be conducted by others at lower cost and with greater efficacy and effectiveness if not it will be a of waste valuable resources in the pursuit of capabilities that can be readily purchased from others. Moreover engaging in outsourcing allows an organization access to skill knowledge and competence found outside its boundaries. Through outsourcing a business can seem bigger than it actually is and provide its clients with total event solutions. Knowing how to outsource when to outsource and whom to outsource to are crucial skills for any business. Coming to the definition of Public Sector in most of the countries of the world Public Sector Company is essentially a presence of government in the form of a business activity. The type of company can vary depending on how its funding source is established. The government level can be national state or local. Common examples of a Public Sector company can be seen in social services city and urban development areas and military services. The Vendor Management is the key
