Home About Us Our Clients Pricing & Options Resources Order Articles FAQ's Blog Contact Us

Offshore Outsourcing Benefits and their Types

Offshore Outsourcing Benefits and their Types

The words Offshore means relocation of business process from one country to another while Outsourcing means movement of internal business process to an external company. Offshore outsourcing means moving business processes to an external company from one country to another company, there by reducing their own domestic employment and domestic investment. The country such as United States and United Kingdom over last few years has a potential affect on increase in IT jobs like data entry, computer programming, functioning, and customer care, where offshore outsourcing has come a long way in a short time by saving time and money.

There are four basic types of offshore outsourcing

  1. ITO: Information technology outsourcing.
  2. BPO: Business process outsourcing covers things like running call centers, processing insurance claims.
  3. Software R&D: Offshore software development.
  4. KPO: knowledge process outsourcing covers things that require a higher skill set such as reading X-Rays, performing investment research on stocks and bonds, handling the accounting functions for a business or executing engineering design projects.

Offshore outsourcing has increased a growth strategy and essential revenue for almost every existing corporation. This has become a short term solution and received almost equal benefits by providing services in more efficient and effective time limits. It also has maximum flexibility with your workforce and access to high quality employees.

Strategic Advantages:

  1. Flexibility: It applies to several views of relationship with the service provider. Based on work and capability of service provider, we should start with small projects and move to big projects, which create flexibility in the company ensuring the best utilization of the available resources.
  2. Cost: The cost of offshore outsourcing is much lower over the market and free up management resources. Offshore outsourcing is the best possible quality at significant cost savings to you in software development side, which builds relationships to add value for your clients.
  3. Focus: Time plays valuable resource within the management. Most of the time, the executives spend 80 percent of time managing the details, 20 percent on planning and customer relations. The ratio of this percentage can be reversed by this offshore outsourcing.
  4. Rapid Migration to New Technology: Offshore outsourcing uses the latest technologies to serve their international clients. Access to new technologies that might not be used in the company will be gained by the new technologies in short term.
  5. Re-deploy Resources Strategically: This lets the internal resources focus on the personal strategic issues related to the business.
  6. Exploit the Time Zone Advantage and reap the benefits of 24-hour development cycle: The companies outsource their process to India benefiting 24/7 services to exploit the time zone advantage by providing the customers as and when needed. Offshoring offers better utilization of the multiple time zones.

The success of offshoring outsourcing depends on the above focused benefits that come with it from several perspectives, rather than just a cost effective venture. Offshoring gets the company closer to its global customers thereby providing appropriate services to its regional market and provides customer satisfaction which brings increase in revenue streams for the companies.

Daven Michaels is an award-winning outsourcer and author of the book, ‘Outsource This!’ Daven has been honored more than any other individual or outsourcing organization. You can get more information on outsourcing by visiting www.OutsourcingOutsourcing.Com.

21 Responses to “Offshore Outsourcing Benefits and their Types”

  1. bathrooms says:

    Great comment, love the design of the site too.

  2. Looks like these guys have plenty of outsourcing opportunities available.

  3. Very good observations. Maybe adding some pictures will make the blog post more interesting.

  4. Mothercare says:

    A thoughtful insight and ideas I will use on my blog. You’ve obviously spent a lot of time on this. Well done!

  5. I know this is really boring and you are skipping to the next comment, but I just wanted to throw you a big thanks – you cleared up some things for me!

  6. Hi there, just how do i subscribe to your RSS Feed?

  7. I just couldnt leave your website before saying that I really enjoyed the quality information you offer to your visitors… Will be back soon to check up on new stuff you post!

  8. Pretty good post. I just came across your blog and wanted to say that I have really enjoyed reading your opinions. Any way I’ll be subscribing to your feed and I hope you post again soon.

  9. Since this is our very first visit to your blog, I merely want to say hi there! Wonderful web site anyway.

  10. Great website: Do you agree that one of the greatest accounting programs on the market is Quick Books Pro for everyday use. I am searching for some input on what to buy. Thanks again!

  11. Wow! what an idea ! What a concept ! Beautiful .. Amazing …

  12. Hello there, just wondering how I may contact the admin of this website? I have my own health site and was interested in featuring your blog.

  13. This post is great.

  14. I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me to start my own BlogEngine blog now. Really the blogging is spreading its wings rapidly. Your write up is a fine example of it.

  15. I\’m happy I found this blog, I couldnt discover any info on this subject matter prior to. I also run a site and if you want to ever serious in a little bit of guest writing for me if possible feel free to let me know, i\’m always look for people to check out my site. Please stop by and leave a comment sometime!

  16. Fantastic article! Do you have any views that you would like to voice in order to justify the last part a bit further? peace

  17. I really enjoyed this post. You write about this topic very well. It is imperative to develop a rich understanding of the consumer. Explaining that knowledge into strategic recommendations for all aspects of advertising and qualitative marketing research is also vital to the consumer. It is important to be devoted to knowing both client and target consumers through qualitative marketing research consultancy.

  18. separate says:

    Wow that was extremely insightful, you truly are a life saver! I will have to tell my intellectually inclined friends about this.

  19. Yeh i agree… but does everyone else?

  20. Love your writing style…. so different :)

  21. Gerardo Piel says:

    Any sort of development — whether economic, political, biological, organizational or personal — requires a framework if one wishes to know whether change has actually occurred. In the case of personal development, an individual often functions as the primary judge of improvement, but validation of objective improvement requires assessment using standard criteria. Personal development frameworks may include goals or benchmarks that define the end-points, strategies or plans for reaching goals, measurement and assessment of progress, levels or stages that define milestones along a development path, and a feedback system to provide information on changes.

Leave a Reply

123 Employee
About Us
Our Clients
Pricing & Options
Resources
Order Articles
Resources
Privacy
Contact
Blog
Contact Us
Employee Referral Program
Job Openings
 

Join Our VIP Newsletter!

Enter your name and email below
Copyright -123Employee, LLC- All Rights Reserved | Contact Us | Entries (RSS) and Comments (RSS)