|Bigger, Broader and Better Linked: Considerations for Integrated Sourcing of Real Estate and Facilities Management |
For many companies, facilities management is the second largest cost behind people. So it’s no wonder organizations have progressively pursued different sourcing strategies to reduce this cost. Solutions have evolved from traditional out-tasking and outsourcing to the more recent strategy of integrating facilities management and real estate — sometimes with other business functions — under a single service provider. Through such alternative sourcing models, large organizations commonly reduce facilities costs by tens of millions of dollars a year.
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