When it comes to cutting costs for companies, outsourcing is more than just a word filled with controversy. By making use of overseas labor, outsourcing results in cost savings. But it needs to be executed wisely in order to avoid PR problems along with keeping an eye on quality management. Read more
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According to a press release Latin American countries like Chile have been given high grades for lower safety risks associated with outsourcing. Read more
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… and their name is: MEETINGS. Many of them are not necessary, many do not bring any substantial results. It is estimated that an average organisation wastes up to 20%(!) of their payroll on bad meetings. What can be done against it? Read more
Written by Magdalena Szarafin · Filed Under Shared Services Blogs | Leave a Comment
The idea of shared services is quite simple: they are expected to serve several entities belonging to a corporation and to provide cost savings and qualitative benefits. That requires a high level of standardization and harmonization, which actually means – a common global language (not just in a linguistic sense). Read more
Written by Magdalena Szarafin · Filed Under Shared Services Blogs | 3 Comments
The stigma sticks with China like white on rice. Defective products, overabundant lead content, intellectual property infringement. China is constantly blamed for quality issues in products sold in the West. But who really is responsible for ensuring quality can be found in products shipped abroad from China? Read more
Written by baysource · Filed Under Shared Services Blogs | 1 Comment
Imagine a $1 billion international jewellery retailer, who cuts and polishes his diamonds in China, gets them designed in Italy and hawks them on the high streets of US, while he overseas this whole operation from his Prasad Chambers Opera House office in Mumbai, India! Read more
Written by Radhika · Filed Under Shared Services Blogs | 4 Comments
A shared services type of operation is often looked at by their owners as a cost center rather than a potential gold mine. However, as a recent McKinsey Quarterly article has pointed out, divesting such an operation may not only reduce cost and improve service quality, it has the potential to raise a literal boatload of cash that can be invested elsewhere. So just how valuable could a captive shared services operation be?
Written by JohnU · Filed Under Shared Services Blogs | 1 Comment
Shared services in a low-cost location? That makes sense at first glance, doesn’t it? But a shared service center established in a high-cost region? Does it work? Yes, it does – let me guide you through Germany for a few of minutes to show you, how. Are you ready for the trip? Read more
Written by Magdalena Szarafin · Filed Under Shared Services Blogs | 14 Comments
Managed services, software on demand (SoD), software as a service (SaaS), knowledge as a service (KaaS)… and many, many more. They all have something common: they are all about outsourcing intangible assets. What about outsourcing tangibles, as IT hardware for instance? Well, there is also quite a new concept on the market. It is called Bring your own PC to work Read more
Written by Magdalena Szarafin · Filed Under Shared Services Blogs | 5 Comments
In my view, there are two distinct advantages with ensuring the longevity of a outsource vendor-client relationship, especially a long-distance one. Read more
Written by Radhika · Filed Under Shared Services Blogs | 2 Comments
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