Types of outsourcing ppt

Outsourcing is the process by which an organization contracts with another individual or company to get some of its work done. A free powerpoint ppt presentation displayed as a flash slide show on id. It outsourcing is the practice of using an external service provider to deliver some or all of the it functions required by a business including managing infrastructure, directing strategy and running the service desk. Third party logistics services and different types of 3pls. Therefore, the study aimed to identify a common set of criteria being used in the various types of it outsourcing.

The indian outsourcing industry is expanding beyond bangalore to smaller cities and towns in. More affordable to outsource to companies located in different countries. Many companies outsource the tasks to other countries, where the cost of getting the work done is less, thus the team at two different location fine tunes by effective give and take of tasks and results. Companies and businesses can virtually outsource any business function from legal to accounting, administrative, information technology, help desk, manufacturing, content development, just. Governance based modelpricing based model governance based modelit governance model is based on an optimal division of responsibilities and. According to the cscmp glossary, they define third party logistics services and 3pls as.

An outsourcing contract at a fixed, or closely defined price, shifts much of the financial risk on to the provider. We use your linkedin profile and activity data to personalize ads and to show you more relevant ads. The favored countries in offshoring outsourcing china. Outsourcing modelsthere are several types of technology outsourcing models that are employed by cios. Business process outsourcing ppt download slideplayer. Whereas today, outsourcing print needs is simply a business strategy, as. Viewed this way, most organizations go for some kind or other of outsourcing. Different types of outsourcing services to gain competitive edge. In a typical it organization, you could see a combination of these models in operation. So wherever you are in your own outsourcing journey, whatever the scope of your outsourcing deal, and whatever your industry background it is worth reading this. Outsourcing outsourcing is the act of transferring some of an organizations recurring internal activities and decision rights to outside providers as set forth in a contract. Generally it is non core aspects of the business that are outsourced. Its probably a safe bet that you didnt go into business because you love learning acronyms or tracking laws. Outsourcing ppt free download as powerpoint presentation.

The executors hourly rate considers all costs and profit, calculated by the supplier. Sales outsourcing for every sector in the indian marketpraveen kumar,the founder and ceo of aob india read the success story of dr. Scribd is the worlds largest social reading and publishing site. Also provides useful tips on outsourcing including benefits and disadvantages and other important information related to outsourcing. Praveen kumar has 12 years of experience in sales in almost all business verticals. Sometimes a company decides to change its structure, in such a way, that it no longer performs certain tasks which are not its core business. However if you outsource your manufacturing to china for example youll get much lower cost per product. Definitions, best practices, challenges and advice outsourcing can bring big benefits to your business, but there are significant risks and challenges when negotiating and.

We will provide you with service solutions that fit your needs. Hr outsourcing is basically the allotment of specific hr activities to a more specialized third party service provider done in order for business owners to stay in route to their more important goal of growing their business and to cut down costs. Types of outsourcing read more about types of outsourcing, offshore outsourcing services and its type. The cost of making your own products locally is significantly high. It is no longer news that outsourcing is taking over the business environment. So we saw how the virtual team is beneficial in various scenarios. Remote work advice from the largest allremote company. Outsourcing outsourcing is the act of transferring some of an organizations recurring internal activities and decision rights to outside providers as set forth in a. Ito information technology outsourcing bpo business process outsourcing covers things like. Etemadiyeh,islamic azad university, zanjan,iran postal code. Outsourcing simple english wikipedia, the free encyclopedia. Types of outsourcing,types of outsourced services,offshore outsourcing and its type. Ppt outsourcing powerpoint presentation free to view.

Outsourcing is just like other presentation themes that need an extra kick for getting instant attention from your audience. This model is followed by all software development outsourcing firms. Free agile roadmap powerpoint template is a scrum agile template that you can download if you are using agile methodologies in your organization. Outsourcing can involve large thirdparty providers such as ibm for it services or simply hiring temporary office workers or independent contractors. Contact center outsourcing market will be significantly affected by integration of technologies such as automation and ai a free powerpoint ppt presentation displayed as a flash slide show on id. This is the most common area for these specific types of outsourcing services, as there is a potentially high cost savings associated with this type. Knowing the five outsourcing models should equip you in deciding which one to adopt. There are different types of outsourcing which are explained in our.

Bpo meaning and types of bpo business process outsourcing. Horizontal bpo involves function centric outsourcing. Outsourcing is the process of contracting a business function or any specific business activity to specialized agencies. Types of outsourcing,types of outsourced services,offshore. The 3 most popular types of outsourcing contracts blog. As stated above, there are three main types of organizations to which hr can be outsourced. A study of different types of business risks and their. In our previous article, outsourcing 101, we gave you a general overview of outsourcing. The most prevalent option for small companies is the professional employer organization, mostly because of the added bonuses of completely outsourcing hr and sharing the burden of risk.

The process for defining the services is driven by. In other words, a rpo can manage your entire process from endtoend, take care of just part of the process, or anything in between. The different types of outsourcing models in practice are. Internal outsourcing is the purchase by a company of services or material inputs from a source located in another firm within the same country. Youve heard stats about the benefits of remote work including increased efficiency of workers, cost savings, and a reduction in employee turnover, to name a few. Outsourcing strategies the mad rush to outsource as much work as possible to less expensive offshore operations seems to have been tempered by time, consideration and results. Our hr outsourcing team will consider your requirements and expectations, and come up with a proposed action plan. Hybrid delivery modelthis can also be said to be a d. As stated above, there are two outsourcing models, or methodologies, for sourcing training processes, content, technologies, or services. Publishers, for example, would often outsource printing and fulfillment services. International outsourcing is defined as the purchase by a company of services or material inputs from a source located in another country. Business process outsourcing is the order of the day and is one of the most rapidly growing fields. Types of outsourcing business process outsourcing bpo bpo is a subset of outsourcing that. Onshore outsourcing pros travel and communications are easy and less expensive same country and culture speak the same language small differences in time zones less risk of security issues cons not as large of talent pool not as many options price may be much higher because of same currency and standard of living.

With pwc s hr outsourcing, you will benefit from our experience and knowhow, delivered to you from our offices or directly on your premises. Outsourcing is the act of one company contracting with another company to provide services that might otherwise be performed by in house employees. Some look to outsourcing as the savior of their company, while others see outsourcing as an evil, jobkilling management tactic. The type of outsourcing work depends heavily on the needs of a business and the industry they operate in. This is undoubtedly an important decision, but another stage is waiting ahead. This is the most common area for these types of services, because of the potential cost savings associated with this type of arrangement. There are many different types of publicprivate partnerships to fit various construction, operation, ownership, and revenuegenerating scenarios. Thus, we bring to you a professionally created set of predesigned powerpoint outsourcing template. This is a broad area and if you are seeking to develop your knowledge, here is a complete overview of types of bpo. There are different types of outsourcing services provided by the companies. Which type of hr outsourcing company is right for you.

Local, nearshore and offshore so you have passed the point of understanding that you need to outsource your software development project. Different types of outsourcing read types of outsourcing services, different types of outsourcing, bpo outsourcing services, kpo outsourcing services in india. Its very common for many companies to outsource their complicated tasks and processes. Publicprivate partnerships, or p3s, have evolved in recent years to accommodate many different building, operating, and ownership scenarios. The fact is that outsourcing is here to stay, and those that use it most effectively will reap the benefits of their foresight. Types of outsourcing recruitment process outsourcing rpo recruitment process outsourcing is a form of business process outsourcing bpo where an employer outsources or transfers all or part of its recruitment activities to an external service provider. Before you start to evaluate if an outsourcing strategy is right for your company, you need to understand what it. Outsourcing is a function of hrm human resources management. This is a kind of contract where the customer pays the supplier for work time according to prearranged hourly rate of each team member and used materials e. The outsourcing handbook a guide to outsourcing deloitte. Also offering various outsourcing services like website designing and development, search engine optimization services, web hosting and ecommerce solution. Sourcing ppt free download as powerpoint presentation. The first two are considered business process outsourcing bpo engagements, and the other two are considered outtasking.

Praveen kumar,the founder and ceo of aob india which is the leading sales outsourcing agency in india. The commit makes sense if you are strategically looking to outsource powerpoint. Any business or company can hand over a part of their process or specific services to be handled by a third party. Mehrdad alipour corresponding author management department, zanjan branch, islamic azad university, zanjan, iran moalem st. The ultimate guide to recruitment process outsourcing. Bpo services are generally categorised into horizontal and vertical services. Types of outsourcing,different types of outsourcing,types. Professional outsourcing services include accounting, legal, purchasing, information technology support and other specialized services.

Paying the factory workers and raw material cost is massive. Outsourcing has seen a lot of press over the years. So, youve heard success stories of companies outsourcing tasks to remote workers. But, love them or not, therere many acronyms that business owners deal with daily. Types of outsourcing legal process outsourcing lpo lpo refers to the practice of a law firm or. A study of different types of business risks and their effects on banks outsourcing process case study. Outsourcing to india types of outsourcing the outsourcing hotspots in india. The appropriate model for an it service is typically determined by the type of service provided. Ppt contact center outsourcing market size by types.

Eng, citp, fbcs, fiia, miia, qica introduction what is. Strategic use of outside parties to perform activities, traditionally handled by internal staff and resources. What are the different types of outsourcing services. Outsourcing learn about the advantages and disadvantages. Easy to use and handle, it gives you a complete userfriendly experience. Get to learn the different types of outsourcing, the pros and cons for outsourcing each type of job as well as the top companies to hire remote workers for each of. Examples of horizontal bpo are outsourcing in procurement, payroll processing, hr, facilities management and similar.

Mostly, the noncore areas such as sanitation, security, household, pantry, etc are outsourced by the company. Global delivery or blended outsourcing model this kind of model allows the service provider to provide its outsourcing services globally. We have prepared a summary of the 3 most popular types of outsourcing contracts. There are four types of outsourcing strategies, or what some call engagement models for sourcing. Further down in this post, we will then break out the various types of services in a more categorical approach. Read this article to know more about business process outsourcing. Instead, the company hires or collaborates with other companies which can then perform these functions. The vendor specialises in carrying out particular functions across different industry domains. The beauty of using recruitment process outsourcing is that its completely customized to your organizations needs. For some types of outsourcing such as component manufacturing, there will be lower fixed costs and higher variable costs. Outsourcing all or much of a companys logistics operations to a specialized company.