Outsourcing Trends that You Need to Know

Outsourcing has evolved to become one of the key solutions in the business world. More interestingly, companies are adopting new methods and techniques to maximize this business solution. There are latest trends on how companies are using outsourcing to achieve far better cost-effectiveness than you can imagine. Keep reading to learn more.

According to The New York Times, some well-known companies in the United States such as The Toys R Us have adopted an all-new way to cut more cost with outsourced services. What’s this new technique and how does it work?

The New York Times states that the company mentioned above and a couple of others are leveraging temporary visas to bring in professionals of specific fields into their U.S companies, and subsequently use the in-house staff to train those foreign workers.

What Happens Next?

After learning the specific job processes, the foreign workers will go back to their countries and start working for the U.S company in question from their own country as offshore outsourcing service providers. These foreign professionals in different fields are usually employees in an outsourcing outfit abroad.

So, What is in It for the Home Companies?

When the representatives of Toys R Us and another U.S company involved in this outsourcing practice were interviewed, they defended this outsourcing practice with these words;

“It will ultimately result in future growth in the United States. The in-house staff reduction that accompanied this outsourcing practice is in line with our streamlined, increased efficient global organization, so that the company can be well-positioned for growth. They added that this outsourcing technique results in cost savings.”

Furthermore, the representatives of these companies said, “Our decisions to adopt such business solution is hinged on keeping the organization competitive, ensuring its continuous existence in the U.S, and promoting its overall growth”

While some schools of thoughts may have contrary opinion to this technique, especially because it impacts the U.S. workers negatively, the companies adopting this form of outsourcing solution insist it’s better to minimize cost through this technique in order for the company to survive and continue to provide employment for the few home-workers retained, and also extend the employment offshore.

As you probably know, cost-saving is the first and one of the most vital reasons why outsourcing came into existence. So, whatever will enable companies to achieve this cost-saving benefit, particularly in these hard times, is considered an ideal thing to do.

However, before you join this train of smart outsourcing users, find out what the law says about the service and ensure you comply to the laid down rules.

Indeed, outsourcing is the way to go when it comes to achieving huge cost saving in business, whether small or big business.

Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.