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Global Sourcing – A strategic imperative
 
Companies today require business solutions that are practical, quick and easy to implement and provide the flexibility and agility required to win in a competitive marketplace. Global sourcing has traditionally been one of the tools that businesses have used to leverage external core competencies to handle non-core business functions. There are innumerable success stories of companies leveraging off-shore outsourcing services to improve capability while lowering costs.
 
The traditional approach

A traditional outsourcing engagement however is a high touch engagement and requires a great deal of planning, process re-engineering and potentially high upfront costs. The customer and service provider must invest a considerable amount of time and effort in the early stages of an engagement in order to guarantee future success. Benefits of these engagements are evident in later years of the engagement.

 
Challenges

Today, companies are facing challenges resulting from limited resources, increasing cost pressures and hyper-competition. Companies must react quickly in order to overcome these challenges and build new capacity and capability while lowering costs. They cannot afford to invest a significant amount of capital and time to implement solutions, which deliver their ROI in future years.

 
The new model

An On-Demand Global Sourcing model can provide such benefits to a company that is considering outsourcing business functions. This model is built around a foundation that can enable a company to decide what they want to outsource, when they want to outsource and how they want to outsource. The model is also designed based on a utility model where a company pays for outsourced services they need and use.

 
 
Simple and easy testing
No capital expenditure
No technology to install
Low touch deployment
Transaction based pricing
 
 
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