http://www.gochinasourcing.com/outsourcing-pros/
What is Outsourcing and what the pros and cons?
i know what it means, but i want a short straight answer as to what it is, any help?
“Outsourcing takes place when an organization transfers the ownership of a business process to a supplier. ”
There are many good reasons to consider outsourcing. The reasons below are only a partial list of the overall potential benefits.
Cheaper labor
Cut Operating costs
Lower training costs
Access to better technology
Cons could be -
Security issues – It is more important than ever to protect customer information. Every company must deal with this issue. It is more challenging, however, to secure data when that data is in someone else’s hands.
It is important to outsource to providers who have proven track record of excellent quality of service. Since organizations are outsourcing some of their primary activities, it is important that the chosen provider is reliable, suitable and responsive enough to meet all organizational demands.
For more understanding – http://www.gtssminds.com/
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