With growing competition, businesses seek refuge in outsourcing services to offshore vendors. Not only it helps them cut their overhead expenses, but acquire specialized services in that area.
It has become extensively hard for businesses to thrive in the fiercely competitive environment. Settling specialized resources in one facility incurs huge costs and consequently hinders growth. The modern approach emphasizes on developing a collaborative system with external organizations to manage certain business processes. This helps you maintain higher productivity levels efficiently and effectively.
Generally, there are three types of outsourcing models:
This model can be employed for companies seeking highly specialized resources for an internal project. The client can request placement of vendor’s resources in its own facility for a limited span. The resources work under the supervision of client and help in the completion of its projects. On-site outsourcing spares the cost of training, allows direct dealing and lowers the chances of errors in future.
The off-site model allows the client to hire resources outside of its premises. The resources have to perform their roles remotely from a different location but they can remain in contact with the client via meetings and other means. The client can get his project completed without extending its facility or employing more people by outsourcing resources in an off-site location.
Offshore Outsourcing or Offshoring is a unique model in which client transfers its services to a foreign country where labor costs are significantly cheaper. Pakistan, Sri Lanka, Philippines and Bangladesh have been attracting offshoring contracts from companies located in other parts of the world to conduct their business processes due to ample supply of skilled resources and lower costs.
Companies seeking opportunities to exploit Pakistan’s skill market and ultimately enhance their growth rate can outsource their business functions to Viftech Solution. Our team of surpassing professionals will not only help you complete your project with utmost efficiency and effectiveness but lower your expenses and increase your return on investment (ROI).