What is Outsourcing?
Benefits of Outsourcing:
Cost Savings – outsourcing to countries with minimal labor cost.
Staffing Flexibility – gives you the freedom to get additional people when you need them without the commitment of taking them as your permanent employees.
Focus on Core Competencies – companies are given the opportunity to focus on core competencies, instead of allotting a large part of their resources to multiple backend departments such as customer support, data entry, among others.
Reduce Operational Expenses – gives you the time to focus on more important aspects of your business, without driving you to the edge with the unnecessary expenses.
Ability to Eliminate Level of Management – Ideally, your business will have its own supervisors or managers and on-site management. When you outsource, you no longer need those positions because vendor will have its own supervisions and off-site management.