Outsourcing Trends Details
With the advent of the internet technology, the East met the West and successfully made the world flatter as Thomas Friedman put it. Outsourcing helped develop new trends in business along with an exchange of lifestyles from the East to the West and vice versa. We saw the world converging as one under the global outsourcing. In the past, there was a global boom across the world due the success of the business process outsourcing (BPO), not to mention KPO, Contract Manufacturing, IT and more.
Past Outsourcing Trends
Taking the example of India and China, outsourcing data showed that the US preferred to offload their non-core activities to these countries as they had human resources that were cheaper, better and faster at completing these tasks. Labor in these countries is skilled and is able to complete tasks faster than most skilled labour around the world. Western companies capitalized on outsourcing businesses and wanted to concentrate on acquiring customers and offload their back-office activities like manufacturing, accounting and even editing articles for American and European outlets. The East captured the whole world with the ability of its skilled labor to master technical and non technical skill sets required to complete the tasks. This trend continued until the economic meltdown in the recent years.
With the advent of the internet technology, the East met the West and successfully made the world flatter as Thomas Friedman put it. Outsourcing helped develop new trends in business along with an exchange of lifestyles from the East to the West and vice versa. We saw the world converging as one under the global outsourcing. In the past, there was a global boom across the world due the success of the business process outsourcing (BPO), not to mention KPO, Contract Manufacturing, IT and more.
Past Outsourcing Trends
Taking the example of India and China, outsourcing data showed that the US preferred to offload their non-core activities to these countries as they had human resources that were cheaper, better and faster at completing these tasks. Labor in these countries is skilled and is able to complete tasks faster than most skilled labour around the world. Western companies capitalized on outsourcing businesses and wanted to concentrate on acquiring customers and offload their back-office activities like manufacturing, accounting and even editing articles for American and European outlets. The East captured the whole world with the ability of its skilled labor to master technical and non technical skill sets required to complete the tasks. This trend continued until the economic meltdown in the recent years.
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
Outsourcing Trends
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