Please enable JavaScript.
Coggle requires JavaScript to display documents.
Outsourcing onshore or offshore (top reasons to outsource (reduce costs,…
Outsourcing onshore or offshore
key drivers in outsourcing
cost
quality
top reasons to outsource
reduce costs
improve focus
increase variable cost element
access to skill
grow revenue
improve quality
conserve capital
innovate
Globalization has added a new dimension to outsourcing
enormous savings- lower wage rates
businesses should clearly understand the savings
and risks
risks of offshoring
distance
time zones-makes communication harder
location of airport/ regularity of flights
currency
fluctuation of exchange rates
legal systems
political or economic instability
quality and reliability of services can be problematic
access the relevant infrastructure
language and culture
damage to the brand