Paper Title
Diminishing Risk Factors in Outsourcing with Respect to Vendor’s Perspective

Abstract
In an effort to achieve a competitive advantage via cost reductions and improved market responsiveness, organizations are increasingly employing outsourcing as a major component of their supply chain strategies. The objective of this article is to identify the main risk factors related outsourcing partnerships from the perspective of the vendors. But, as evident from literature review, the number of risks such as Macroeconomic risk, Project specific risks, Demand risks, Inventory risks, Disruption risk, Sovereign risks, Transportation risks, Quality risks, Offshore risks and Relationship specific risks, which adversely affect the performance of outsourcing. The authors have identified various risks through extant review of literature. From this information, an integrated model using interpretive structural modelling (ISM) for risks affecting outsourcing with respect to vendors is developed and the structural relationships between these risks are modelled. Further, MICMAC analysis is done to analyze the driving power and dependency of risks which shall be helpful to managers to identify and classify important criterions and to reveal the direct and indirect effects of each criterion on outsourcing. Results show that Disruptions Risk acts as a strong driver. Keywords - Outsourcing, Vendor Perspective, Risk, Interpretive Structural Modelling, Survey.