13 Ultimate Pros and Cons of Outosurcing

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13 ULTIMATE PROS AND CONS OF OUTSOURCING & OFFSHORING

Transcript of 13 Ultimate Pros and Cons of Outosurcing

Page 1: 13 Ultimate Pros and Cons of Outosurcing

13 ULTIMATE PROS AND CONS OF

OUTSOURCING & OFFSHORING

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You should know about these Pros and Cons

before Outsourcing to be a Business Pro.

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Outsourcing & Offshoring - An Intro 

Outsourcing - When your company designates another company to undertake any part of your business ventures.

Offshoring - Outsourcing to an organization located in a different country.

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Pros of outsourcing and offshoring

All big companies outsource in order to take advantage of these outsourcing pros.

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Massive Financial Saving Investments on employee

wages, training, resources (or) tools, technology or even infrastructure are eliminated.

Spending on vacation time, sick leave and health insurance for in-house staff members are abolished.

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Extremely Diminished Cost

Primary reason why organizations outsource Opting offshore, 60% of operation costs are

diminished.

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Access to Highly Proficient Systematic Team

Tasks handled by a team of technical experts in that specific vertical. 

Well-equipped resources, skilled experts and management team deliver best quality results as expected

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Rapid delivery time Multiple production and quality teams

rapidly process the workflow without any setbacks

Top notch quality results are delivered in short time.

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Tremendous focus on chief sectors

Outsourcing frees you to spend your time and resources towards your company's core achievement. 

Focusing on primary missions increases your company's productivity rather than losing control by multi-tasking the secondary missions.

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Acquiring Robust Versatility

Huge workforce, abundant tools and productive management team enable to adapt from small to big assignments.

Flexible enough to function on 24/7 basis by operating on multiple shifts to complete your task on time.

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Lowering mighty risks Outsourcing team shares and

minimizes your financial risks substantially

Eliminating your agitations towards significant attributes such as quality, time and cost.

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Cons of Outsourcing and Offshoring

As pros, outsourcing have cons too.

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Language, time zone & cultural barriers

Diversity in language, time and culture may lead to misconception

These mix-ups may reflect on performance if they doesn't understand your enterprise necessities

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“PRO” Tip :1 Choose offshore partners with excellent

management team to communicate with you efficiently, doing multiple shifts and aid you 24*7 in production, status and support.

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Anticipated Quality (vs) huge Cost Final quality may not fulfill your

expectations on choosing inefficient outsourcing partners.

Will cost you more if the anticipated quality is achieved by your outsourced partner.

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“PRO” Tip : 2 Get an outsourcing partner proficient

enough to drive top-grade quality on a pre-agreed cost.

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Habitual delivery delays High probability of delay in delivery on

choosing an unequipped offshore partner.

Unnecessary back to back follow ups may consume your time.

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“PRO” Tip : 3 Offshore partners have abundant experts

in team to handle any volume and still come out with superior quality within the allotted time.

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Delayed support Working with multiple Clients, your

outsourcing partner may give you a delayed support

Reduced focus and delayed support may annoy you at high stake stages.

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“PRO” Tip : 4  Outsourcing companies support by

Email, phone or instant messenger to keep you updated about the status and to assist you on any further queries

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Disclosing confidential elements

Possible risk involved in sharing your sensitive data

Outsourced service provider may misuse or disclose confidential data to a third party.

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“PRO” Tip : 5 Maintaining Service Level Agreement or

any other legal documents to ensure confidentiality

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Slipping control over Operations

Losing up your authority as a Client when signed up with an inefficient outsourcing partner.

Low quality and high turnaround time leads to inconvenience and regrets due to no control of workflow.

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“PRO” Tip : 6 Find an outsourcing partner who

understands outsourcing objectives and keeps you on authority 

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Wrapping up:To be a successful outsourcer - A quick recall Foresee a reconcilable target Agreeing with quality dominating price base Excellent communication Maintaining updated legal documents with

your service provider.

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Follow these cons carefully to

eradicate every single one of them to be a successful outsourcer and become a business PRO.