Economic Implications of Offshore Outsourcing - PowerPoint PPT Presentation

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Economic Implications of Offshore Outsourcing


Offshore outsourcing on the other hand involves the contracting of any work to offshore or foreign third party vendors or service providers. Offshore outsourcing results in significant savings when compared to inshore outsourcing. @ – PowerPoint PPT presentation

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Title: Economic Implications of Offshore Outsourcing

Top 5 Advantages of Offshore Outsourcing
Hiring professionals from an offshore outsourcing
company in India would be much cheaper compared
to recruiting native staff. The cost would be
less than 20 of the amount you will pay for
hiring locally.
Outsourcing will help you in converting your
permanent in-house employees' expenses to
variable expenses, meaning you just have to pay
for the people involved in your project.
Outsourcing can give you the leverage to control
your budget for a particular project.
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  • Skilled Staff
  • When a project demands skilled expertise that may
    not be there in your in-house staff, getting in
    touch with an offshore outsourcing company in
    India would be the best option.
  • India is home to highly skilled manpower
    available in huge numbers.
  • A major benefit of outsourcing services to India
    is that you pay less without compromising on the
    work quality.

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  • Concentration on Core Business
  • When you hire skilled offshore professionals, the
    workload of your in-house staff is reduced.
  • As your offshore workers are experts in their
    respective domains, tasks that are critical to
    your business would be taken care of with ease.
  • This also allows your in-house staff to
    concentrate on the core functions of your

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  • Increased Hours Of Operation
  • The time difference between you and your offshore
    outsourcing company's location can be a huge
    benefit for your business.
  • It gives you the advantage of using all the 24
    hours of a day for your business. Work will be
    done round the clock, and tasks would be
    completed on time.

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  • Risks Minimized
  • Outsourcing work to more proficient professionals
    offshore reduces the danger of producing inferior
    products and services.
  • It requires a lot of courage and trust to
    outsource critical tasks however, most
    outsourcing agencies or firms in India have the
    reputation for providing quality work.

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