Right sourcing (Rightsourcing) is about choosing the correct source to provide your required service. It’s a fairly contemporary term that has surfaced due to the rise and relevance of outsourcing, and what it really boils down to, is one simple question,
‘What is the right source for my business?’
It asks companies to consider whether they are best served hiring in-house (insource) or contracting to a 3rd Party (Outsource).The concept of rightsourcing ensures that every core business component is delivering the maximum value to your organisation.
Points to be considered when making such a decision are:
- Cost savings
- Quality
- Expediency
- Flexibility
- Business transformation
- Business focuses.
Outsourcing to a BPO company is the efficient practice of re-shifting those non-core processes from internal employees to external professionals (which requires a thorough business process analysis). These are those mandatory activities that requires a specialised eye but do not need to be undertaken in-house. It is extremely cost-effective, however it does not cut on quality. In an ideal case, you should see a spike in business performance.
Although it may still seem like a relatively new concept in the business world, the truth is, the concept of outsourcing isn’t all that revolutionary. Think about where your last car was manufactured, or what the label on your go-to sweater says. Just have a look at that coffee you’re drinking. I can tell you now, those coffee beans weren’t locally produced.
So, why is the concept of outsourcing so popular in 2017? Because more and more, companies are looking to scale […]
