Global Outsourcing: Navigating Cost Savings and Operational Challenges
Ajay Tewari
Co-founder, Global CEO & MD at smartData Enterprises, chairman-Chandigarh Angels, IAN & IPVF Angel, Top LinkedIn voice in Business Development, Sales prospecting, and Entrepreneurship
Because of the high costs associated with manufacturing goods and providing services in developed nations, many companies have sought to relocate parts or even all of their operations elsewhere.
On average, outsourcing non-core activities—such as billing, recruitment, back-office functions, and lead generation—can result in savings of 20 to 30 per cent, largely due to wage differences between developing and developed regions. However, expanding operations to different parts of the world presents various challenges. These often include:
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While there is no definitive answer when it comes to choosing a country for outsourcing, it’s important to evaluate what aligns best with your specific business and industry needs.
US Expat & BPO Expert (20+ Yrs) | Nearshore Solutions for US Businesses | Optimizing Customer Support, Sales & Operations with AI-Driven Efficiency | Bridging Global Insights & Local Execution
6 个月I must say that the savings, especially for more specialized roles, are well above the 20-30% mentioned. The downsides you mentioned are also minimal for the U.S. market when outsourcing to talent in Latin America. I actually wrote about this yesterday: https://www.dhirubhai.net/feed/update/urn:li:activity:7237622282926383104/
.NET Core | MVC | Angular | SQL Server | Azure | JQUERY | US Healthcare IT | SOLID Principles | OOPS | Design Patterns | Architecture | 5 + Years of Experience
6 个月Outsourcing saves money, but employees often struggle with time zone differences and coordination.