Outsourcing Pros & Cons

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OUTSOURCING PROS & CONS Skelia Copyright©
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    16-Jul-2015
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Transcript of Outsourcing Pros & Cons

  • OUTSOURCINGPROS & CONS

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  • Businessin both private and publicsectors are struggling withunprecedented challenges

    tough competition

    nite resourcesincreasing economic uncertainty

    changing consumer expectations

    limited budget

    market complexity

    Business

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  • Striving for a competitive advantage and market leadership all progressive companies are looking for a sustainable business strategy to overcome these obstacles and reach business goals.

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  • Year after year, outsourcing is proved to be an efcient strategy to address business challenges through contracting out in-house processes to third-party outsourcing service providers, nearshore, offshore or inshore.

    O UTSOURCING

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  • Delegating routine back-ofce tasks, entrepreneurs receive more time to concentrate on their core goal, stakeholder value maximization.

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  • Moreover, business owners choose outsourcing services as a powerful tool for businesses growth, productivity and cost reduction.

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  • Pros of Outsourcing

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  • Pros of Outsourcing

    Fast Delivery of High QualityTrusted outsourcing providers bring to customers deep industry and functional experience, with supporting infrastructure and approaches, enabling faster speed and higher quality of product/service delivery.

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  • Pros of Outsourcing

    Team ScalabilityVariety of outsourcing engagement models empowers customers with an exceptional exibility, supporting their requirements to scale the team up or down according to ever-changing stafng demands.

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  • Pros of Outsourcing

    Access to Global Skills Tapping into a global talent pool ensures a ow of fresh innovative ideas and insights for business.

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  • Pros of Outsourcing

    Cost SavingsLower-cost geographies driven by highly skilled employees are a good choice for reducing operating expenses. Any business can benet from global services today.

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  • Pros of Outsourcing

    Time EfciencyInternal staff can focus on the other mission-critical business needs while, not being concerned about routine tasks.

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  • Increased RevenueAll in all, outsourcing helps companies worldwide to increase revenue and gain competitive advantage of the above-mentioned Fast Delivery of High Quality, Team Scalability, Access to Global Skills, Cost Savings, and Time Efciency.

    Pros of Outsourcing

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  • Cons of Outsourcing

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  • Cons of Outsourcing

    Sensitive Data ExposureTo mitigate the risks of accidental orintended data exposure, companies sign a Non-Disclosure Agreement (NDA) through which the parties agree not to reveal condential information predened in the document.

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  • Hidden CostsThe threat of hidden costs can be easily prevented by a clear and transparent outsourcing contract. Both parties should thoroughly cross-check the document since it is a prerequisite for successful cooperation.

    Cons of Outsourcing

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  • Management Control Loss While selecting an outsourcing engagement model, companies decide whether to leave management control of outsourced processes in-house or pass it to the vendor.

    Cons of Outsourcing

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  • Cons of Outsourcing

    Language and Time Zone DifferenceSupplier selection criteria should include a time zone and language skills since they signicantly contribute to productivity and communication.

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  • The right outsourcing provider can introduce successful productsor services, differentiated approaches, higher revenues, unparalleled experience and streamlined operations.

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  • However, identifying of such provider is not an easy task. It requires a comprehensive and objective assessment

    of the providers outsourcing potential

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  • But at Skelia, we do know how to manage all Outsourcing Pros&Cons

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  • We believe that effective management is important for your high performance.

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  • But real collaboration goes deeper

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  • It is about trust and commitment

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  • Through long-lasting relationships we enhance our contribution by adapting outsourcing service deliverybased on rapidly changing market and business conditions.

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  • Skelia Global HQ20 rue de lindustrieL-8399 WindhofGrand Duchy of LuxembourgRC: B 133392VAT : LU22301469

    Phone: +352 20 20 21 40

    Skelia USA HQ485 Madison AvenueSuite 1300New York NY 10022USA

    Phone: +1-212-7960791

    Regional ofce in KrakowSkelia Poland LtdUl. Prdnicka 430-002 KrakwPoland

    Phone: +48 123 766 542

    Cooperate with us

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  • Thank you!

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