Outsourcing is a trend that is becoming more common in information technology and other industries for services that have usually been regarded as intrinsic to managing a business.
Outsourcing is a short term profit maker. Eventually, people will get fed up with poor customer service and seek out companies that actually care about long term relationships with their customers. Outsourcing also allows companies to focus on other business issues while having the details taken care of by outside experts. if a company is looking to expand, outsourcing is a cost-effective way to start building foundations in other countries.
Outsourcing is great for someone to get to know the job in a matter of 2 weeks to 3 months, depending on the intensity of the job; but people get fed up with companies thinking things are going by using outsourcing for years and years! People aren't dumb!
Outsourcing is also now being interchanged with the word offshoring, when in fact that shouldn't be the case. When you say you'll outsource something that means you will have a role or task done outside your company, it can be within your country or outside. When you say off shoring, it is outsourcing something outside your country.
- Allows you to focus on core business only.
- Reduces capital costs of infrastructure.
- Improve employee satisfaction with higher value addition jobs.
- Makes best use of competitive resources available worldwide.
- Your Competitors may be doing it.