TRENDS

Focus on the best, offshore the rest

Today's business world is marked by changes, complexity and the need to rapidly adapt to new market demands without loosing momentum on strategic objectives. 

Along with the globalization and maturity of technology product life cycle, enterprises are continually looking for effective solutions that will catapult them ahead of their competitors.

Offshoring non-core activities frees up capital for a firm to concentrate on its core business and to increase agility of its operation.  Offshoring is therefore increasingly being used by enterprises as a tactic for gaining competitive edges and direct focusing on their core competences.

Offshoring delivers a wide array of benefits that help enterprises succeed in the global competitive marketplace. These benefits include:

Ø       Agility to manage customer expectations

Ø       Fast Time-to-Market

Ø       Extended market coverage

Ø       Lower and more predictable operation costs

Ø       Diverse expertise & resources

Ø       Improved productivity

Ø       Continuous business process improvement

Ø       Access to latest and best technologies without capital investment

We can see the impact of outsourcing is expanding. Outsourcing was viewed as an intervention in early 1990s. Companies outsourcing tasks to ad-hoc teams and outside experts simply aim at cost savings.

From late 1990s to early 2000s, outsourcing was treated as a tactic to improve business process efficiency and to better focus on core competences. From 2005 onwards, outsourcing will become a company's strategy for achieving sustainable value and business results.

Why Offshore ? 

• Reduce and control your operating costs and reinvest the savings
• Improve the focus of your company
• Free up company resources for other purposes
• Expand your company's resources with offshore partnership
• Offshore functions that are difficult to manage or costly
• Share risks
• Reduce your capital expenditure by utilizing third party technologies, communication links, premises and staff
• Achieve labor cost savings
• 24/7/365 coverage
• Communications technology makes working worldwide easy
• Flexibility- the ability to ramp production up and down each month based on your requirement.(iron out peaks and troughs)
• Eliminate in-house duplicate processes due to multiple sites.
• Improve service levels
• Enhance workflow and Information sharing
• Enhance employee productivity
• BPO boosts shareholder value and generates strong return on minimal investment
• Take advantage of our wide geographic coverage