12 REASONS WHY YOU NEED TO OUTSOURCE? | Cord Digital Blog

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12 Reasons why you need to outsource ? | CORD Digital Blog

Outsourcing & Offshoring

Outsourcing is the process of assigning a company's business processes to a third party or external agency, in order to increase the benefits & return on investments by low-cost labor, in addition to acquiring a better quality scale from professionals in the field providing the service. When outsourcing goes over the boarders, and the managing companies are located in different countries, outsourcing takes the form of offshoring. In simple words, it’s the process of assigning major or minor procedures to be done by the partner providing the service upon the deal was agreed on.

Both outsourcing & offshoring have a direct influence on a company's position and can even impact on a country’s economic balance. Both have become major factors in classifying how successful enterprises are run.

Here are the top reasons to Start Outsourcing Now…
12 Reasons why people Outsource

  1. The difference in operational & labor costs is one of the main reasons for outsourcing. That can lead to enormous savings which can impact the company’s revenue and ROI.
  2. Some companies choose to outsource to keep focusing on their core business processes.
  3. Outsourcing and offshoring enable companies to access to world-class capabilities and to increase the general knowledge of global updates.
  4. Accessibility to external resources instead of importing process and internal manufacturing.
  5. Saving internal resources which can be put into other directions for expanding investments such as marketing or focusing on selling strategies.
  6. Saving time and effort; as from the moment you accomplish the deal, you are ready to start pumping your production line into the local market.
  7. Avoiding legal documents and authentications upon your country for the manufacturing process.
  8. Avoiding the management of manufacturing processes and handling labor.
  9. Avoiding the risk of shutting down, as you can estimate your market share before even starting.
  10. A bigger chance of going viral as you can start pumping new products into your local market.
  11. Outsourcing shows the companies  the importance of re-engineering
  12. It also gains the companies the booming expansion & let them penetrate new markets, by narrowing the distances between manufacturing & end user.

Outsourcing services include:

  • Lumbering & Mining
  • Pharmaceuticals & Chemicals
  • Data processing
  • Furniture & Electronics
  • Manufacturing
  • Interior & Exterior Designing
  • Security
  • Maintenance work
  • Cosmetics
  • Toys
  • Etc.…

Whatever you have in mind, we can help you to find your perfect outsourcing or offshoring partner. All you need is to count on CORD Digital.

Read more about the importance of marketing for success in the business

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