How Does Remote Staffing Play Out Among the Emerging Outsourcing Trends?

As your current outsourcing contract nears its terminationdate, one pertinent question that you face is whether to renewit with your incumbent service provider or completely call it aday.

Are you getting optimal return on investment? Should youswitch to another vendor? Should you bring back the servicesin-house? Today, client companies are in a better position toanswer these questions than they were a decade ago.

The business of outsourcing is maturing. Outsourcers are revisiting their traditional outsourcing methods and adventurously exploring newer options. Now clients exude greater confidence to navigate outsourcing challenges.

Proxy bidding

• Independent benchmarking firms enjoy access to data on theoutsourcing business

• They possess thorough knowledge of prevailing service pricesin the market

• A proxy bid is what the third-party benchmarker would bid forcertain services if it were in the outsourcing business

• It compares the actual price you’re ready to pay for a basket ofservices with the prevailing market price.

• It aims to assess the financial viability of an outsourcingarrangement for outsourced processes without your directinvolvement

Selective sourcing

• Selective sourcing is a strategy whereby selected services are retained in-house while others are being outsourced.

• It’s a sign of evolving management capabilities in outsourcing decision-making

• They’re now in better shape to identify specific functions to outsource

• It’s a break from unmanageable and unsustainable megadeals in the past

Remote Staffing Avenue

• Remote staffing firms act as broker-agent of qualified employees

• They help hire the right resources for you in any domain

• They staff all industry verticals

• Cost-efficient and scalable in approach

• Logistical support by service provider forms part of the offshoring deal

Why Remote Employees?

• Suitable for startups and SMEs with resource constraint

• Hassle-free hiring process

• Low on costs, high on productivity

• Full HR personnel and tech support

• Seamless communication & coordination

• Exclusivity of services

Conclusion

Offshore outsourcing is no longer what it used to be. Now, there’re countless business strategies available for entrepreneurs. Remote staffing appears to be the most feasible route to kick-start your sourcing business and ultimately get the real taste of success.

Remote staffing is the ultimate win-win solution.

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