5 Benefits of Offshoring - Techno Global Team

Offshoring allows you to reduce one of the most expensive parts of your business, the labour costs. Freeing this up will allow you to reinvest ... / Home/5BenefitsofOffshoring Search 5BenefitsofOffshoring  WrittenByPeter  August5,2016 Offshoringissimplytheprocessofgettingworkdoneinanothercountry.Youtakeanactivityandmovetoanoffshorelocation,butthatactivityisstillcompletelymanagedwithinyourcompany,soyoucontroltheoutcomes. ThismodelofBusinessProcessOutsourcingisnotnew;globalizedcompaniesaroundtheworldhaveuseditformanyyears.However,duetothegrowthoftheInternetandadvancementincommunicationtechnology,offshoringhasnowbecomemoreaccessibleandasuitableoptionforbusinessownersintheSMEspace. Therearemanybenefitsformovingbusinessfunctionsoffshoreandnotlimitedtojusttheprimaryrationaleofreducingcosts. Hereare5benefitsofOffshoring: 1.BusinessGrowth Offshoringallowsyoutoreduceoneofthemostexpensivepartsofyourbusiness,thelabourcosts.Freeingthisupwillallowyoutoreinvestfundsintoyourbusinessandgiveyoutheopportunitytoexpandyourofferingsandservice.Essentiallyworkingonyourbusinessratherthaninyourbusiness. 2.AccesstoStaff Thismodelgivesyouaccesstoayoungandvastpooloftalent.InparticulartoEnglishspeakingforeigncountries,whoarehighlyskilledanduniversityeducated.Withthecurrentpressuretofindemployeeswiththerightskillsetinalreadydevelopedcountries,implementingoffshoreteamswillcomplementtheexistingstaff.Thewideskillavailabilityforknowledge-basedprocessesthroughoffshoringbecomesanadvantageforanybusinesslookingtofulfilspecificrequirements. 3.GreaterAvailability Havingadifferenttimezoneandaworkforcereadyfor24×7operationgivesyouanoutstandingopportunitytosupportyourclientswhentheyneeditandfulfiltheirever-changingneeds.Thisresultsinabetterlevelofserviceandahigherlevelofcustomerexperiencewithquickeranddirectcontacttoyourbusiness.Increasingthecompetitiveedgeinyourindustry. 4.ReducedRisk Tohavemultipleteamsindifferentcountrieshelpstoreduceyourrisk,provideagreatermarketingopportunityandallowsyoutosupportyourclientswhentheyneedit. 5.Control Manybusinessesmaynotwanttorelinquishcontrolofpartoftheiroperationsandproductiontoanexternalparty.Offshoringallowsyoutohavededicatedstafftoworkforyourcompanyonly.Youprovidethedirection,trainthestaffandeverythingisdonethewayyouwantitto,whichleadstoaccountabilityinternalofthebusiness. Tags: Postnavigation WhatIsTheDifferenceBetweenOutsourcingAndOffshoring?Top3OffshoreMythsDebunked Search LatestNews 02Feb2022 HowOffshoringBeatsOutsourcing–Part2 Muchdebatehasbeengoingbackandforthbetweenoutsourcingandoffshoring,butthebottom-line 27Jan2022 CybersecurityandOffshoreTeams:IsitSafe? Asoftoday,mostbusinessesareseeingthevalueandsuccessonecanhavewhen 19Jan2022 HowOffshoringBeatsOutsourcing–Part1 Atthispoint,yourecognizethathavingateamiscrucialforyourbusinessgrowth. OtherNews Blog Events News WhyOffshoring Search Search Let’sTalkToday CompanyOverview OurTeam ManilaOffice BenefitsofOffshoring OffshoreSolution PartnerReviews Blog Events ContactUs Let'sTalkToday! Growingyourcompanyanytimehasitchallenges,letalonesettingupyourfirstoffshoreteam.Whetheryouare“JustLooking”,“HaveaQuestion”or“ReadytoDoit”ourteamisstandingbytoanswerallyourquestions.Togetthediscussionstarted,wejustneedafewsimpledetailsandoneofourteamwillbeintouch. YourInformation FirstName LastName EmailAddress Organization PhoneNo. Country Industry Howmanystaffareyoulookingtosource?12345678910+ Pleaseinputthiscodetosubmitenquiry: Weareusingcookiestogiveyouthebestexperienceonourwebsite. Youcanfindoutmoreaboutwhichcookiesweareusingorswitchthemoffinsettings. Accept CloseGDPRCookieSettings PrivacyOverview StrictlyNecessaryCookies Poweredby GDPRCookieCompliance PrivacyOverview Thiswebsiteusescookiessothatwecanprovideyouwiththebestuserexperiencepossible.Cookieinformationisstoredinyourbrowserandperformsfunctionssuchasrecognisingyouwhenyoureturntoourwebsiteandhelpingourteamtounderstandwhichsectionsofthewebsiteyoufindmostinterestinganduseful. StrictlyNecessaryCookies StrictlyNecessaryCookieshouldbeenabledatalltimessothatwecansaveyourpreferencesforcookiesettings. EnableorDisableCookies Ifyoudisablethiscookie,wewillnotbeabletosaveyourpreferences.Thismeansthateverytimeyouvisitthiswebsiteyouwillneedtoenableordisablecookiesagain. EnableAll SaveSettings