Firms still confused with outsourcing, insourcing and offshoring: Deloitte Survey 2012

Firms are still inclined to outsource business processes for cost savings and operational efficiency according to a survey carried out by Deloitte. The outsourcing and insourcing survey 2012 was released this week after including inputs from 111 companies. The respondents were spread across 23 countries representing 22 different industries. The survey suggests that organizations can […]

PwC & HfS Research announce the launch of Global Business Service Survey

PwC and HfS Research have made an announcement very recently about the latest survey they are undertaking. The survey will look into how firms are implementing and handling Global Business Services (GBS). Organizations in an effort to reduce cost and to improve the efficiency are turning increasingly towards outsourcing, offshoring and shared services. The survey […]

Offshoring and outsourcing product development to enhance business productivity

December 27, 2011: In the present day business world, offshoring business activities have become an important means to improve profit margins. It is a revolutionary way of performing business activities which helps organizations to be in par with the competitors. But to keep abreast of the competitors the firm has to find the right outsourcing […]

Clinical outsourcing limits innovation in bio Pharma – Research Study 2011

December 22, 2011: A recent research has found that offshoring of clinical research might hamper innovation and open up opportunities for smaller competitors. Large pharmaceutical companies have intensified outsourcing to research organizations in an effort to cut fixed cost and enhance flexibility as the patents are due to expire shortly. This move to outsource drug […]

What is Outsourcing?

Nov 28, 2011: Outsourcing is the process of contracting out of certain non core or non essential business function of a business to a third party, who has expertise in the field of the outsourced function. Outsourcing is very much similar to offshoring, even though both differ on some grounds. In offshoring the business function […]

What is offshoring?

Offshoring is a typical outsourcing model where business functions of an organization are performed in another country. The most important driving force behind offshoring is the cost reduction that organizations are able to achieve. Other reasons why companies go for offshoring are strategic in nature which includes entry into newer market, to utilize talents that […]

Procurement Outsourcing – Emerging BPO Opportunity Does India have a play?

Rewind back to 1990, and the troops were busy selling IT Outsourcing & Offshoring which traditionally started with pictures of Taj Mahal and discussions on Aryabhatta (an Indian mathematician who is supposed to have invented numeral “Zero”). Year 2000 acted as a catalyst resulting in IT Outsourcing and Offshoring becoming mainstream businesses. Then close to […]

Book Review

The ‘Lonely Planet’ of outsourcing to India! Like it or not, the outsourcing era is here to stay. One can safely say that at present, outsourcing to India is one of the best ways for a company in a developed nation to cut development and maintenance costs, and yet stay on the competitive edge. Already, […]