Outsourcing for Engineering Success

Outsourcing for Engineering Success: Tapping into Global Talent

In the dynamic field of engineering, where innovation meets precision, the pursuit of top-tier talent has become more challenging than ever.

This article explores the transformative concept of business process outsourcing (BPO) and its role in addressing the talent acquisition challenges faced by the engineering industry. Discover how outsourcing, particularly in the Philippines, can revolutionise your business.

Current Landscape of the Engineering Industry 

According to a survey by Bain & Company, 73% of engineering firms report talent gaps, and Boston Consulting Group forecasts a 13% growth in demand for engineering skills from 2023 to 2031 (based on data from the US Bureau of Labor Statistics). 

Outsourcing for Engineering Success

With a unique skill set and a global labour shortage, the competition for top-tier engineering talent is intense, leading to increased challenges for businesses to secure the right skills and maintain optimal productivity.

 

The Rise of Offshoring in Engineering 

Traditional approaches like upskilling and hiring can provide short-term relief for most businesses, but the persistent talent shortage remains. Recognizing this, many engineering executives are turning to a different solution: offshoring.

Approximately 60% of engineering executives plan to increase outsourcing in the next three years, with chronic talent shortages being a key factor influencing this strategic shift.

Outsourcing for Engineering Success

 

Benefits of Offshore Strategy

Outsourcing for Engineering Success

Considering an offshore strategy, particularly in business process outsourcing, offers numerous benefits. One key advantage is the ability to tap into a global talent pool, accessing highly skilled professionals. This can be particularly beneficial in addressing the ongoing talent shortage crisis not only in engineering but across all industries.

Read more about the benefits of outsourcing here.

 

Choosing the Right BPO Partner

Outsourcing for Engineering Success

Selecting the right BPO partner is crucial for success. According to the same Bain Research, 73% of respondents prioritise industry or technology expertise when choosing an outsourcing partner. 

optiBPO, with its extensive experience and expertise in handling clients in the engineering industry, stands as a seasoned partner for firms seeking offshore solutions. We understand the specific needs of these businesses and deliver tailored solutions to meet them.

Read more on how to create a successful partnership with your outsourcing provider.

 

Dispelling Myths about Business Process Outsourcing

Outsourcing for Engineering Success

Embarking on the journey of outsourcing business processes often sparks misconceptions and concerns. Two prevalent myths include the belief that:

Outsourcing engineering tasks is impractical. Some believe that outsourcing engineering tasks is impractical or unfeasible, assuming that such specialised functions cannot be effectively delegated.

However, numerous engineering tasks and roles can be outsourced, including:

  • Data Tasks
  • Drawings
  • Models
  • Technical Documentation
  • Design Manager
  • Production Scheduler
  • CAD Draftsperson
  • Draftsmen
  • Estimating Assistants

Outsourcing is only for large enterprises. Another prevalent misconception is that outsourcing is only suited for large enterprises, with the belief that small-medium enterprises lack the scale to benefit from such services. However, outsourcing proves advantageous for businesses of all sizes – offering access to a global talent pool, streamlined operations, and enhanced efficiency.

Read more on outsourcing myths and truths.

 

Building a Global Team for Success

Outsourcing for Engineering Success

Establishing a thriving offshore team requires careful planning. optiBPO guides businesses in planning, building, and managing their global teams, fostering growth. 

Key tips include:

  1. Setting up systems and processes.
  2. Creating detailed job descriptions.
  3. Assigning an onshore champion.
  4. Partnering with offshoring experts.
  5. Setting up communication systems for your remote team.

Read more about tips on how to handle offshore teams effectively.

 

Philippines as a Global Talent Hub

Outsourcing for Engineering Success

For successful outsourcing, choosing the ideal global talent hub is key. The Philippines emerges as the prime pick for engineering firms, offering numerous advantages. Boasting an annual pool of 50,000+ engineering graduates*, a dynamic workforce with strong STEM foundations, and English proficiency, it forms a sturdy base for success.

Additionally, the Philippines is able to produce thousands of registered engineers, showcasing the depth of available expertise, particularly in civil, electrical, and mechanical engineering. The strategic Southeast Asian location efficiently tackles time zone challenges, ensuring seamless collaboration.

The Philippines, with its robust infrastructure and internet connectivity, elevates communication and project management efficiency. Optimise your global talent strategy by tapping into the Philippines’ extensive engineering expertise and securing a strategic advantage for your firm.

*as of 2019

Read more on why the Philippines is the best outsourcing destination.

 

Plan. Build. Manage.

Outsourcing for Engineering Success

The talent shortage in engineering is a pressing challenge, but strategic business process outsourcing offers a transformative solution. By tapping into a global talent pool, particularly in the Philippines, businesses can bridge the talent gap strategically, propelling their engineering initiatives to new heights.

Choosing optiBPO means choosing a partner with a proven track record, a deep understanding of the engineering landscape, and a commitment to excellence. Your success in offshoring starts with the right expertise. Let’s discuss how outsourcing propels your business to new heights.