Download - -[Outsourcing in Latin America]-
-[Outsourcing in Latin -[Outsourcing in Latin America]-America]-
RICHARD BOU MOLLAH YERIMA
WINTER 2010
IntroductionIntroduction
Outsourcing means obtaining goods or services from an outside supplier; to contract work out.
Many companies outsource and hire consultants in order to maintain a flexible workforce.
Few more conceptsFew more conceptsOffshoring- the practice of hiring an external organization to perform some business functions in a country other than the one where the products or
services are actually developed or manufactured.
Nearshore- means sourcing service activities to a foreign, lower-wage country that is relatively close in distance
Rightshore-Include offshore and nearshore model which requires research, analysis, recommendation and implementation
Nearshoring is best for the US and Canada because it offers great resources for states that are improving their language skill along with resources
Thanks to Thanks to outsourcingoutsourcingLatin America companies can now introduce and offer
their products or services to other Latin American countries.
Cheap workforce to produce material
Improves business focus by letting them target a boarder firms and freeing up management to work on how to get the business to run better
World-class capabilities because it helps the world come together and provide resources to meet the needs of other world-class customers.
Thanks to Thanks to outsourcingoutsourcingReengineering benefits helps outsourcing countries
realize that their product and resource are need and needs increase productively
Sharing risk helps countries and states become more flexible and are able to adapt to any big changes in the market
Help companies with their financial measurement and investment in the company.
Top outsourcing Top outsourcing ProvidersProvidersChile
Brazil
Mexico
Costa Rica
Argentina
Emerging outsourcing Emerging outsourcing ProvidersProvidersPanama
Nicaragua
Columbia
Why Latin Why Latin America?America?
Proximity
Minimal Time difference
Cost saving in other locations is
Now eroding
BrazilBrazilTelecommunication systems are very up-to date
Domestic market for software is expanding
Eagerness to embrace new technologies
Banking sector is developped
ChileChileThe population is relatively young
Growth from natural resources and commodity bubble
Independence from commodity based economic growth
Incentives to attract entrepreneurs and companies
AMEX
Equifax
Yahoo
Oracle
ChileChileSubsidies for studies in IT field
In 2008, the outsourcing industry generated $840 millions and employed more than 20000 people.
Outsourcing in Outsourcing in ArgentinaArgentina
Outsourcing in MexicoOutsourcing in Mexico
Outsourcing in Costa Outsourcing in Costa RicaRica
Problems Problems
Language barrier
Size of their operations capabilities
Population size
Tax structure
ConclusionConclusionOutsourcing
reduces risks
Makes companies more efficient
Cuts capital and labor costs
Maximizes profit
Thank youThank you
Questions