Post on 13-Apr-2017
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I. Lower operational and labor costs.
II. Companies may choose to outsource for time management.
III. Outsourcing enables companies to leverage a global knowledge base.
IV. Outsourcing frees up internal resources.
V. Businesses outsource to gain access to resources.
VI. Outsourcing can save costs and provide buffer capital.
VII. Outsource and delegate functions that are difficult to manage and control
VIII. Mitigate risk.
IX. Benefits of re-engineering.
X. Outsourcing help companies to expand and gain access to new market areas.
Lower operational and labor costs are the primary reasons whycompanies decide to outsource. When properly executed it can havea significant impact on a company’s revenue.
Companies may choose to outsource so that they can focus on theircore business processes while delegating time-consuming processesto external agencies.
Outsourcing enables companies to leverage a global knowledge base,having access to world-class capabilities.
Many companies choose to outsource and delegate functions that aredifficult to manage and control while still realizing their benefits.
Some companies choose to outsource to help them expand and gainaccess to new market areas, by taking the point of production orservice delivery closer to their end users.
Thank You All.
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