outsourcing – connect & share
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Connect & Share
MADE BY DEEPIKA OJHA
OUTSOURCING
INDEX Outsourcing Types of outsourcing Outsourcing Location Reverse Outsourcing Future Trends CASE STUDY
Outsourcing refers to the practice of transferring activities traditionally done within a firm to third party providers within the country.”
Definition : Outsourcing is a practice used by different companies
to reduce costs by transferring portions of work to outside suppliers rather than completing it internally.
Outsourcing is an effective cost-saving strategy when used properly
WHAT IS OUTSOURCING?
Top Drivers of Outsourcing Focus on core Improve Quality Increase speed in usage Foster Innovation Conserve Capital Reduce costs Latest Technology &
Infrastructure
BPO• Business process
outsourcing
KPO• Knowledge process
outsourcing
LPO• Legal process
outsourcing
Types of Outsourcing
Types of Outsourcing
BPO- Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider
KPO-Knowledge process outsourcing (KPO) describes the outsourcing of core information-related business activities which are competitively important or form an integral part of a company's value chain . KPO requires advanced analytical and technical skills as well as a high degree of specialist expertise.
LPO-Legal outsourcing, also known as legal process outsourcing (LPO) refers to the practice of a law firm or corporation obtaining legal support services from an outside law firm or legal support services company (LPO provider).
Outsourcing of business done within companies own country
Outsourcing of business done in outside country
Outsourcing of business done with Companies neighboring
countries
ONSHORE
OFFSHORE
NEARSHORE
KEY FACTORS-OUTSOURCING
OUTSOURCING SERVICES Administrative support Customer relationship management Document processes Finance and accounting HR & training IPR documentation Legal Services –LPO Medical transcriptions Payroll Management Product Development Publishing Research & Analysis Sales & Marketing Security Supply Chain Management
OUTSOURCING DESTINATION
0%10%20%30%40% 38%
6% 5% 5% 5% 5% 4% 4% 4%
Outsourcing Destination
Factors attracted for outsourcing destinations
Labor pool
Cost Benefits
Government Policies
Infrastructure
Knowledge full / Expertise
Top Outsourcing IT Companies
24 / 7 Customers
APTARA (TECHBOOKS)
Evalueserve
EXL Service
Genpact
Pangea3
WNS Global Services
Wipro BPO
Tata Consultancy Services(TCS)
HCL BPO
IBM DAKSH
ACCENTURE
COGNIZANT
Bodhi Global Services (P), Ltd.
Clutch Group.
Cobra Legal Solutions, LLC. CPA Global Ltd.
Integreon Managed Solutions, Inc.
Mindcrest.
Trustman
KPOBPO LPO
Reverse outsourcing ‘Reverse Outsourcing’ is the latest trend in outsourcing. Now
,those countries companies which are earlier chosen for outsourcing like India & other Asian countries will now create jobs in the western countries
This phenomenon which is gathering pace in recent times is known as ‘Reverse Outsourcing’ or the trend of Indian ITES and BPO companies opening offices in the US and Europe to outsource there work some are
TCS WIPRO HCL
FUTURE TRENDS IN OUTSOURCING High Competition – market More offshoring outsourcing More nearshore outsourcing Acquisitions and mergers to increase: more IT
sectors with high domain knowledge will merge in KPO
Latest trend of offshore insourcing , in which firms establish their own offshore captive centers. These captive centers are generally shared service centers and allow the firms to retain control over the processes.
CASE STUDY
COMPANY – INFOSYS BPO Infosys BPO provides Protection Management for
network assets of a US Based Wholesale Telecom Provider
CLIENT: Infosys client operates one of the largest telecom (voice & data) backbones in the world connecting various countries around the globe.
SERVICES : It offers a comprehensive portfolio of network offerings that spans Internet protocol(IP) services , Broadband Transport & Infrastructure services , voice & Voice over IP Services(VOIP) , content Delivery & Media Services.
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