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Outsourcing 101 - A Primer
Outsourcing is a very diverse topic, and there are many different outsourcing options and outsourcing service providers to choose from. Companies are telling TEC that they need a clearer picture of outsourcing, its potential benefits, and common pitfalls. They want examples of different types of outsourcing and advice on whether outsourcing is right for them. This primer addresses these questions.
: in either India or China! The CEO vows to learn more about outsourcing and offshoring. What is Outsourcing? In the English language (and most likely in other languages), outsourcing is a relatively new term. A 1967 edition of Merriam-Webster s Seventh New Collegiate Dictionary does not carry a listing for outsourcing, but a recent check of Merriam-Webster s Online Abridged Dictionary ( http://webster.com/home.htm ) found the following entry: Main Entry: outsourcing Pronunciation: - sOr-si[ng], - sor-
Sunny Malta as an Nearshore IT Outsourcing Location
Sunny Malta as an Nearshore IT Outsourcing Location.Search for White Papers and Other Documents for Your Management of IT Outsourcing Location. Enterprises, largely based in the US, UK, Japan, and Austraila, are turning to offshoring as a way to minimize costs. The biggest offshoring region is currently India; however, the logistics and costs of outsourcing to this region has caused enterprises to look to other areas, such as Malta. Malta is a promising nearshore IT outsourcing location because of its geography, investment in IT, and capability.
: Sunny Malta as an Nearshore IT Outsourcing Location Sunny Malta as an Nearshore IT Outsourcing Location Source: Crimsonwing Document Type: White Paper Description: Enterprises, largely based in the US, UK, Japan, and Austraila, are turning to offshoring as a way to minimize costs. The biggest offshoring region is currently India; however, the logistics and costs of outsourcing to this region has caused enterprises to look to other areas, such as Malta. Malta is a promising nearshore IT outsourcing
2/13/2006 8:24:00 AM
Who Benefits from Outsourcing?
Who Benefits from Outsourcing? Read Free White Papers or Case Studies In Relation To the Benefits of Outsourcing. While simple on the surface, the decision to outsource is a major strategic undertaking. Besides weighing cost reduction against the consequences of reduced control, companies must also consider various economic effects, political consequences, and even cultural limitations. Discover the economic and political implications of outsourcing and offshoring, and learn techniques for managing successful deals.
: IT jobs will be China, followed by the United States. The growth in the global labor force will result in new incremental tax revenues of $592 billion to governments over the next four years. Managing Cultural Differences and Limitations Miscommunication is a risk in any new relationship — including those focused on global sourcing. This is precisely why cultural differences are one of the biggest reasons why outsourcing and offshoring deals fail or run into problems. A poll by Accenture revealed that
8/28/2009 9:42:00 AM
Outsourcing Challenges: Avoid the Pitfalls
The most complete information on outsourcing challenges is here. Outsourcing can provide management with a powerful tool to control cost and enhance product and service delivery. Yet so many outsourcing initiatives fall short of expectations—why? For one thing, you need to know what you’re getting into, by going through an intense request for proposal (RFP) process and many rounds of contract negotiations. Find out how to better manage negotiating your outsourcing contract, and more.
: the University of Yunnan, China on Offshore Outsourcing and co-presented a Lawline.com video on Legal Issues in Outsourcing. As an executive John conceptualized the consolidation of global technology operations of a financial services entity and oversaw the implementation of global software and centralized computer operations significantly increasing the reliability of corporate data and reducing cost. He acted as CIO for Republic National Bank for 18 years. John currently acts as a Senior Advisor to the
7/17/2009 3:18:00 PM
Outsourcing Best Practices
10 Best Practices for your next product engineering outsourcing, and how to carry it to a successful conclusion.Free white papers. It has become very common for start-ups to begin their entire product development by leveraging companies offshore. Once a long-haul possibility for large corporations with deep pockets, offshore outsourcing is now accepted as a natural phenomenon of business strategy for even the smallest of companies. Learn 10 best practices that can help you manage your next product engineering outsourcing (PEO) project.
: Outsourcing Best Practices Outsourcing Best Practices Source: Xoriant Corporation Document Type: White Paper Description: It has become very common for start-ups to begin their entire product development by leveraging companies offshore. Once a long-haul possibility for large corporations with deep pockets, offshore outsourcing is now accepted as a natural phenomenon of business strategy for even the smallest of companies. Learn 10 best practices that can help you manage your next product engineering
3/6/2010 2:08:00 AM
Nearshoring: Looking Closer to Home
Nearshoring, Looking Closer to Home. Download Free IT Study Guides about Nearshoring, Looking Closer to Home. Companies looking for savings but worried about the risks and cultural barriers involved in offshore outsourcing, whose business processes have a strong customer focus or regulations-driven reporting element, could benefit from nearshoring. Nearshoring involves outsourcing work to companies with the economic benefits of an offshore location, but a closer cultural, linguistic, and geographic fit with the user organisation.
: such as India and China. The trade-off between cost and the sophistication of the services available is clear. However, Marriott points out that costs in some of the main markets for offshore work is rising steadily. Because of the level of inward investment, the whole cost base is increasing, he says. That can make nearshore contracts more attractive, because the differential between nearshore and offshore today will be squeezed over the next few years. However, this can happen in some of the more
2/3/2006 2:31:00 PM
Outsourcing Supply Chain Planning Processes
Supply chain planning tools deliver potentially tremendous savings when well implemented, and wreak havoc when they fail. A company considering an outsourcing strategy for their supply chain planning processes should first address some key aspects of these tools.
: Outsourcing Supply Chain Planning Processes Outsourcing Supply Chain Planning Processes A.B. Maynard and Ron Boling - April 11, 2006 Read Comments Introduction The dramatically lower labor costs, higher level of talent, and growing track record of offshore business process outsourcing (BPO) and application development and maintenance (AD/M) providers, have convinced many companies to outsource their business process and software development activities (see Outsourcing 101—A Primer ). For a company
The Future of Product Engineering Outsourcing (PEO)
A recent study found that outsourced engineering services are expected to increase to $1.1 trillion by the end of 2020. This is a dramatic increase compared to the $750 billion in services by the year 2004. Further, the study showed that significant increases are expected in automotive, aerospace, utilities, and telecommunications. Find out what’s driving these trends and how they affect your company.
: The Future of Product Engineering Outsourcing (PEO) The Future of Product Engineering Outsourcing (PEO) Source: Xoriant Corporation Document Type: White Paper Description: A recent study found that outsourced engineering services are expected to increase to $1.1 trillion by the end of 2020. This is a dramatic increase compared to the $750 billion in services by the year 2004. Further, the study showed that significant increases are expected in automotive, aerospace, utilities, and telecommunications. Find
3/15/2010 6:24:00 AM
Outsourcing SecurityPart 1: Noting the Benefits
Without effective security, companies risk losing money and customer trust. With good security, companies have the power to maintain stakeholder value, customer loyalty, and competitive advantage. Faced with the complexity of providing effective security, many companies are turning to outsourcing.
: Outsourcing Security Part 1: Noting the Benefits Outsourcing Security Part 1: Noting the Benefits Jim McLendon - April 5, 2002 Read Comments Introduction Remember the carefree days of summer? The memories aren t so positive for many corporations hit by cyber attacks during the summer of 2001. Three especially menacing threats-CodeRed, CodeRed II, and Nimda-cost U.S. corporations more than 12.3 billion dollars. After the fall-out, one company reported it had over 60 software engineers working for a week to
Thinking of Outsourcing Your Entire Recruitment Process? Here s What You Need to Know
As organizations get larger and expand into new markets and territories they may find it more difficult to meet their talent management needs. Outsourcing is one option, but is your organization ready to hand over its entire recruitment process to an RPO provider? TEC analyst Sherry Fox looks at some factors to consider when working with an RPO and what your company can do to reap the benefits of recruitment outsourcing.
: Thinking of Outsourcing Your Entire Recruitment Process? Here s What You Need to Know Thinking of Outsourcing Your Entire Recruitment Process? Here s What You Need to Know Sherry Fox - March 28, 2012 Read Comments In the past, hearing the word outsourcing would conjure up images of some customer service representative sitting in a call center on the other side of the world, with a limited knowledge of my company and/or product (and perhaps of the English language) attempting to help me solve my problem.
3/28/2012 1:36:00 PM
Outsourcing SecurityPart 3: Selecting a Managed Security Services Provider
As the final article in a three-part series on outsourcing security, the following article provides guidelines for selecting a dependable managed security services provider.
: Outsourcing Security Part 3: Selecting a Managed Security Services Provider Outsourcing Security Part 3: Selecting a Managed Security Services Provider Jim McLendon - April 11, 2002 Read Comments Introduction It s the middle of the night. A shadowed figure crouches by the window. He retrieves a menacing instrument and begins fiddling with the lock. But the intruder won t get far: the homeowners have contracted a security provider to monitor a tight alarm system-or so they thought. Actually, the security
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