Global Corporation are able to grow by experiencing great cost inefficiencies by using their global connections to lower the labor costs. However with the internet as a global equalizer, you too can take advantage of this phenomenon.
Purpose - offshoring may allow your organization to become more nimble by harnessing greater efficiencies and lowering labor cost.
You are able to provide faster turnaround times, and possibly improve the quality of services that you provide to your clients. It becomes possible to provide reliable delivery of your service, meet deadlines and in some cases potentially avoid penalties and late fees.
Identify and Improve the efficiency of your delivery process by harnessing the capabilities of an offshore team.
Streamline business processes by removing bottlenecks in the areas of capacity or having to be held hostage by poor performers.
Build bandwidth/capacity to complete repetitive tasks.
Re-purpose inside office talent for high value tasks
Experience cost efficiencies and generate higher revenue and net profitability by controlling the Cost of Services Sold (COSS)
Apply economies of scale such as costs of office rental, Total Cost of Doing Business (TCDB) by mitigating Cost of Doing Business (CDB) by reducing in-country fixed asset costs such as office space rental, workers compensation, health insurance cost, Information Technology support and infrastructure maintenance costs to name a few.
Reduce Turn around time by sending work and have offshore team work on completing tasks while you sleep and ready in the morning when you return to work.
Opportunity Cost - free yourself up to work on mission critical tasks while the work is done by an individual with specialized knowledge and training.
Scalability - Grow your capabilities and size of you team from a ready made pool of eager talented workers.