Outsourcing
Types
IT outsourcing
IT management
Web development
Computer programming
Application software
Network maintenance
Business process outsourcing
Finance
Accounting
Human resources
customer-related services
Project outsourcing
Multisourcing
Prime Contractor Model
Client Model
Offshore outsourcing
Nearshoring
Reshoring
Manufacturer outsourcing
Lower labour costs
Lower overhead costs
What is it
Advantages
Staff
Headcount reductions
minimized fluctuations
reduced workload
Cost savings
Recruitment costs
Operation costs
Taxes
Cost control
Increased flexibility
Better react on changes
New technologies and innovations
Improved cash flow
Focus
Core competencies
Sales
Marketing
Disadvantages
Loss
Strategic alignment
Competitive knowledge
Confidentiality
Regular Monitoring
Moral In A Workforce
Control
Quality
Loyalty
Outsourced services
Company security
lengthy bid process
Contract confusion
Human recources
Recruitment Problems
Information Leaks
Dependency and Loss of Control
Poor Performance
Distance