Offshore,outsourcing,offers,lo technology Offshore outsourcing offers a lot more than just cost advant
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Offshore outsourcing is the process inwhich companies Hire an external organization to carry out their businessoperations in a country other than the one where the end products are developedor manufactured. Offshore outsourcingcan also be used as a means oftesting a foreign land where you wish to create another base to expand youroperations and enhance your growth.Cost is one of the main advantages of off shoreoutsourcing in the long run. However, the initial expenditure needed ininfrastructure, recruitment, training, etc is a necessary investment.Advantages like better quality and value are also achieved once the outsourcinghas begun. Time resource is also saved along with higher quality andproductivity when operations are scattered among a wider work space with betterspecialization and training.Growing organizations or organizations trying to reduce their overheadexpenses are seeking offshore outsourcingsolution in India more thanany other country. Indias active Government support and political climate provides a perfect environmentfor companies to choose India as their best outsourcing destination. Indianoutsourcing firms have been successful in delivering smooth and consistentservices, reducing risks and providing exceptionally positive results. Even Googlecouldnt resist Indias ever growing popularity as a perfect offshoreoutsourcingdestination and the recent establishment of Google R&Dcentre in Bangalore is a proof of Indias appeal. With a wide variety ofavailable computer literates and English speaking professionals, largest numberof graduating students every year, and avast experience and knowledge in Information Technology, India stands as astrongly preferred country for companies looking for offshore outsourcing solutions.Cost minimization and great work quality are another reasons why companies optfor India.Few otheradvantages that firms enjoy when they outsource to India would be theflexibility in working hours due to the difference in time zone and an advancedcommunication facility with good a connectivity with all other countries in theworld.There is norunning away from the fact that Outsourcing too has its share of risksinvolved. Privacy should bemaintained and all precautionary steps should be taken from the very beginningto avoid security breaks. Riskanalysis is a very important process. Implications of vendor companys failureto deliver should be carefully assessed; a company must refrain fromoutsourcing if high risk is involved, or careful strategic changes in theoutsourcing process should be made in order to reduce this risk (for example,shifting from the idea of a single vendor to multiple vendors). Organizationsthat are exposed to scrutiny or government interference must make sure that theoffshore vendor complies to the industry specific prerequisites like compliancewith government regulations and sufficient transparency so that it can beeasily accountable during audits.
Offshore,outsourcing,offers,lo