Not just mid- to large-size companies are choosing to offshore. Mom and pops are offshoring for the same reasons and regular individuals are offshoring many personal services as well. According to a Wall Street Journal article “personal offshoring” has been growing in popularity. Americans are tapping the vast talent pool in India, China, Bangladesh and elsewhere for jobs ranging from landscape architecture to kitchen remodeling, math tutoring, childcare, real estate management, dress design, creating address labels for wedding invitations, creating videos, finding a good deal on a hotel room, graphic artists, website More»

Labels: outsourcing

The Newspaper Association of America recently did a story on “8 Trends to Track in ‘08″ in which number two on the list was ‘outsourcing’ which they claim may save time and money. Enhanced real-time communications via internet email, instant messaging chat capability, scanning, and virtual meeting tools with white boarding and presentation capabilities help to facilitate the relative ease of offshoring. In a study by the Zinnov research group, of the “top 50 Silicon Valley companies, comprised of 15 software developers, 27 hardware developers, and eight conventional or non-information-technology companies, found that 33 had operations in India”.
Some companies More»

Labels: outsourcing

Information Week recently did a story on five outsourcing predictions for 2008 and in it they prognosticate that companies using offshore outsourcing will make more time and effort to ensure the success of such projects; more offshore work will go to Latin America, China, Eastern Europe, and other low-cost locations as India struggles to deal with its tightening IT talent pool; India IT salaries will continue their annual double-digit increases, rising perhaps even higher than the 15% range suggested by Indian service providers, but not so much that More»

Labels: outsourcing

So, given as I outlined in Part I of my post on this topic, that outsourcing is here to stay - unless its strategic usefulness dissipates, of course, where are we as a nation in the U.S. with offshore outsourcing? Based on a 2005 paper titled “Fear of Offshoring” by Princeton Professor Alan S. Blinder, he concluded that “fewer than a million U.S. service-sector jobs have been lost to offshoring up to now. A million jobs may sound like a lot. But in the gigantic U.S. labor market, with its rapid turnover, a million jobs is less than More»

Labels: outsourcing

Whether you’re offshoring, outsourcing, cross sourcing, nearshoring, or multi-sourcing - or doing all of the above - you are not alone. Most companies are at least outsourcing while others are leveraging a combination of these options as part of their arsenal of tools to gain a competitive advantage.
What Is It?But what is the difference between all these clever terms?! Based on my research, whereas, offshoring is the relocation of business processes such as production, manufacturing, or services from one country to another (either still within the company or to an external vendor), outsourcing is the subcontracting of More»

Labels: outsourcing