outsourcing ppt
TRANSCRIPT
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Presented by-Saurav Nath(39)
INTERNATIONAL OUTSOURCING
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OUTSOURCING
Outsourcing is the contracting of the management and/or execution of a business function to an outside third-party contractor or subcontractor. Outsourcing typically refers to the contracting of services to an offshore, rather than domestic company and is termed as International Outsourcing.
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Why Outsource?
1. Factor Cost advantage
2. Superior Competency
3. Utilization Improvement
4. Economy of Sale
5. Business Risk Mitigation
6. Availability of a highly qualified skilled of labor
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Types of International outsourcing:
1. Transactional 2. Best of breed3. Offshore4. Shred services5. Business process6. E-business
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The International outsourcing’s Portfolio
• Customer Interaction Services• Industry Specific Services• Payment Services• Supply Chain Management• Finance and Accounting Services• HR Processing and HR Outsourcing
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Why Outsourcing from India?• Appropriate time zone difference with West and the brand
equity built by the software services sector.
• 2nd largest pool of English speaking, scientists, technical & IT manpower.
• Government support.
• Cost Advantage.
• Expertise in new technology.
• Reasonable technical innovations.
• Cost effective labour & low cost of living
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In terms of cost and other non-cost consideration:
OUTSOURSING INDIA CHINA RUSSIA CANADA IRELAND
Government support 1 3 3 2 1
Labour pool 1 3 3 2 3
Infrastructure 2 2 3 1 1
Educational system 1 1 1 1 1
Cost advantage 1 1 1 2 3
Quality 1 3 3 1 1
Cultural Compatibility 2 3 3 1 1
Time/distance advantage 1 1 2 3 3
English proficiency 1 3 3 1 1
1-High 2-Medium 3-Low
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SOME FACTS AND FIGURES
SIZE AND GROWTH OF INDIAN OUTSOURCING MARKET
SIZE AND GROWTH OF INDIAN BPO
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Thank You