Multiply yourself: Outsourcing for Individuals and Start-ups 

Multiply yourself: Outsourcing for Individuals and Start-ups 

In today’s startup world, things are very exciting. The possibilities are almost endless, as many technological tools are available at instant speed. Society’s perspective on how to do business has evolved as well. The idea of an entrepreneur working with someone halfway across the world seemed impossible half a century ago. However, this is now […]

When Is the Best Time to Outsource? 

When Is the Best Time to Outsource

Timing is everything. In business, there is a ridiculously small window of opportunity when it is perfect to make a move. Launch too early and you could be ahead of your time, addressing a market need that does not exist yet and therefore causing your endeavor to fail. Move too late, and you will be […]

How Remote Work Flexibility Keeps Top Talent 

How Remote Work Flexibility Keeps Top Talent

Everyone’s attention has been drawn to the Great Resignation, and properly so. According to the Ceridian survey, one-quarter of American workers (24%) are looking for a new job, with another 36% indicating they’d consider leaving for the appropriate chance.  Nearly half of those seeking for new jobs (46%) said they were looking for greater pay, […]

Why Data-Driven Supply Chains are the Future 

Why Data-Driven Supply Chains are the Future

Supply chain leaders are seeking new ways to deal with geopolitical turmoil, labor issues, inflation, climate change, supply challenges, and cyber-attacks. Any signs of recovery in areas like manufacturing, semiconductors, and automotive are jeopardized by supply chain disruption. Many are now bracing for a prolonged recovery on unclear terms due to a flurry of events […]

Tackling the Supply Chain Dilemma 

Supply Chain Dilemma

Information is the key to improving any system. This notion is the foundation of a data-driven supply chain, which uses big data and analytics to optimize procedures at all levels of the supply chain. This is made possible by a variety of technologies, ranging from interconnected IoT sensors to warehouse robots and everything in between.  […]

Looking Beyond Risk Research and Focusing on Global Trends in Procurement 

3rdWaveOutsourcingBlog July13 GlobalTrendsInProcurement

Nobody knows the details of an outsourcing relationship more than the individuals and teams who work with the partners on a regular basis. For most companies, that is the procurement team.   Procurement teams provide insight on whether the outsource partner is meeting expectations agreed upon and if the terms of the agreement need to be […]

What Business Areas to Outsource  

What Business Areas to Outsource  

Outsourcing can be a very exciting and fulfilling venture to take. It’s an excellent, proven strategy to increase your profit by saving time and energy to focus on your core competencies. However, for those who are exploring outsourcing for the first time, it can be a bit tricky to figure out what exactly you should […]

BPO and KPO Explained 

BPO and KPO Explained 

Business Process Outsourcing (BPO) is the practice of contracting an external service provider to carry out an essential business task. This can be done for any supplementary business function such as accounting, customer support, telemarketing, data recording, and many more. BPO helps businesses stay focused on their core competency. This results in increased productivity and […]

The True Cost of Nearshore Outsourcing   

Nearshore Outsourcing

While the offshore model of outsourcing has been traditionally less expensive for companies than nearshore or onshore models, rates are increasing across all models of outsourcing as it becomes a viable solution to meeting IT goals and digital transformation initiatives. Even with the rising rates, outsourcing continues to be a lower-cost alternative to in-house software […]

Top 5 Reasons for Outsourcing to the Philippines  

Outsourcing to the Philippines

Running a business can be tough. There are so many different departments and tasks that a business owner needs to consider. The best companies are always looking for strategies to help them run as smoothly and efficiently as possible.  For many companies, including several of the top conglomerates in the world, the answer has been […]