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B1 S16 Outsourcing on/off shore (why outsource :question: (reduce cost,…
B1 S16 Outsourcing on/off shore
why outsource :question:
reduce cost
improve focus
increase variable cost element
access to skills
grown revenue
improve quality
conserve capital
innovate
risks :warning:
distance
inspections/emergencies
transport costs
supply chain time increase
currency
pegged currencies (china)
different currencies/exchange fluctuations
legal system
regulatory restrictions
visas
intellectual property rights
political/eco instability
supply chain disruption
corruption
inflation (zim)
service qual & reliability
skills/education
infrastructure
language/culture
translation time & money cost
bribery
brand damage
aka sweat shops
risk reduction measures
use of 'near' locations to minimise:
distance
currency (nearby often have reflective currency movements via trade arrangements)
culture
provide access to ee enhancement programmes to ees under outsource provider:
brand enhancement v brand damage