Outsourcing: What is it?

Thailand Data Forum focuses on data-driven innovations
Post Reply
bitheerani674
Posts: 54
Joined: Thu Dec 05, 2024 5:08 am

Outsourcing: What is it?

Post by bitheerani674 »

Outsourcing (outsourcing or subcontracting of services) is a process in which a company hires another company to perform certain specialized services. Typically, external companies are used to develop a certain area of ​​the company, for example, marketing services.

2. What are the advantages of Outsourcing?
Outsourcing services has some advantages , which we highlight as follows:

Frees up human resources for the company's main activities;
Allows access to specialized professionals and technologies external to the company;
Enables more rational and line phone number data management of resources (only used when necessary);
Reduces the number of employees and their personnel expenses;
Enables the performance of activities that are difficult to manage or control;
Increases competitiveness, efficiency and production.
3. What are the disadvantages of Outsourcing?
There may be disadvantages to handing over certain areas of the company to third parties :

Image

Loss of control in the execution of outsourced tasks;
Loss of confidentiality of data and information;
Loss of customer focus;
Possibility of conflicts of interest arising (if the subcontracted company provides the same service to the competition);
Less alignment with the company's strategy, mission and history;
Possible occurrence of hidden costs.
4. What are the Outsourcing areas?
When it comes to subcontracting companies, there are several examples of Outsourcing that you can use:

Planning and strategy area - support from specialized consultants to create and implement a strategic plan;
Financial, legal and administrative area - tasks related to accounting, legal and tax support, payroll processing, etc.;
Human resources area - recruitment and selection of human resources, dismissals and relocation of people;
Marketing and sales area - advertising and marketing (campaigns, email marketing, newsletters, market research, merchandising, etc.);
IT, production and logistics area - purchase or rental of IT equipment, development of applications, databases, technical assistance, among others.
Post Reply