Outsourcing has become a key business strategy for many businesses, due to the opportunity to not only reduce cost, but to leverage capability. In addition, many companies are taking advantage of this opportunity to transform business processes, and enhance services.
To create success in outsourcing, it is critical to understand what offshore model will work best for you. This will depend on the type of support required, and your business objectives.
There are four main offshoring models that businesses typically consider:
Each model has its own advantages and disadvantages. Take a look at each offshoring model and see which approach suits you best.
Outsourcing can deliver benefits to your business. It can help you save long-term costs while maximising your reach and value onshore. However, when choosing an outsourcing model, don’t fall into the “low cost” trap alone. Be sure to partner with an outsourcing provider who can best meet your requirements and business objectives.