2 posts tagged “outsourcing”

What is Outsourcing?

Outsourcing is nothing, but purchasing service from an outside vendor rather than using internal resources. Outsourcing is the delegation of tasks or jobs from internal production to external entity (such as a subcontractor). Most recently, it has come to mean to avoid of native staff to staff overseas, where expenses are markedly lower.

The beginning of new millennium is witnessing info-tech revolution called IT enabled services. They are business process where the services are delivered over networks or the Internet to a wide range of business areas and verticals. The technology is used as a tool to provide these services, of which most of the functions are human intensive. Due to the human intensive nature these processes and services are outsourced in order to derive cost and advantage without sacrificing quality and efficiency.

Why are Companies Outsourcing?

• One of the big advantages to outsourcing is flexibility- it can be a lot easier to cut back on a vendor than an employee.
• You don’t have to become an expert in every particular area. You can depend on the outsourced company to be the expert.
• The most positive thing about outsourcing is its ability to save money.
• Outsourcing also creates shareholder value by reducing commitments to fixed and working capital.
• It helps a company focuses on its core business, creating a competitive advantage within its industry.

When to Outsource?

• When you are too busy handling operations and are losing focus on your core business.

• When you are facing a time, money and human resource crunch.
• When you have a mission-critical project that needs all your time and energy, plus specialized skills, which aren’t readily available.
• When you have got to the first into the market to gain the edge.

Outsourcing to Vindia – an HR perspective

Vindia IT Services Pvt. Ltd. is a provider of workforce management in software and e-business services with a unique business platform. When the company was founded in 2007, its leaders could not have envisioned how quickly the company’s customer base would grow. Today, Vindia has about 50 full-time employees that help more than a dozen of business clients across the Israel, China and United States—from Small firms to Huge business corporations.

The prime focus of Vindia in outsourcing services includes:

·        Sourcing the right people from the best talent pool quickly and cost-effectively.

·        Picking a right mix of the competencies, experiences and behaviors from this talented pool.

·        Converting potential applicants to competent employees swiftly, competitively, and equitably.