Outsourcing in today's world is seen as a
strategic management option rather than just a way to cut costs. It helps
achieve the companies their business objectives through operational excellence
and an edge in the market place. Every company today, has one or more of its
services outsourced so that it can focus more on its core competencies.
Outsourcing's emerging power as a business tool of unique versatility and
flexibility is undoubted.
Resources of the companies need to
be focused on core business functions so the non-core functions need to be
outsourced. Outsourcing gives you the right combination of people, processes
and technology to operate effectively in the Global market place without
burdening your time and budget.
This is the reason why more and more companies are showing intrest in outsourcing there activities to
various offshore locations.India is certainly one of the prefered destinations for orgnizations world over.
Learn more about why is outsourcing to India beneficial.
Companies outsource in order to achieve the following
- Financial Savings
- Technical Abilities.
- Market Agility.
Say for example most IT companies nowadays outsource their
Human Resource procurement through placement agencies that help them to procure
the right skilled people rather than the companies themselves looking in for
suitable manpower in the market. These Placement Agencies who possess the core
competence in the field of Human Resource Management justifies the company's
decision to go up with the Human Resource they offer vis-a-vis the work
expected out of it.
The benefits gained by the client on a
short-term basis would be:
to focus resources and attention on core business initiatives.
in headcount and attrition rates in the outsourced function.
of remaining staff with better and more marketable skills.
of project management, risk management, and service delivery skills.
of demand management and service delivery disciplines.
of systems management and support processes.
as needed to specialized resources.
Typical long-term benefits include:
results-based expense for the outsourced function over the life of an
and proactive problem solving and innovation.
management of the business application portfolio.
career opportunities for client staff, based on sophisticated.
contracting, and outsourcing integration skills.