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Thread: Is outsourcing really an effective business strategy?

  1. #1
    Member Stardust's Avatar
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    Is outsourcing really an effective business strategy?



    What do you think?

  2. #2
    Member MotifSky's Avatar
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    Is this useful / helpfull? Yes | No
    Well outsourcing is a popular strategy in business which means entrusting some tasks/functions to external vendors for cheaper rate. Outsourcing became so popular mostly because it helps to reduce your general costs greatly and has also many other advantages. The main ones among them are a possibility to start new projects quickly, focusing on your core business, reducing possible risk for your investments and labor costs and many more. It can be used for various functions like payroll and orders, inventory management, various software etc. For example, in case of software development it's really cost-effective, good for saving time and
    reducing the risk for making possible mistakes, some of them can be really harmful for your business https://idapgroup.com/blog/why-outso...e-development/. It's nice also to creating a good business partnership for the future.
    On the other hand, this strategy isn't the best one for all companies, it always depends on the type of your business and your certain goals which you want to achieve with its help.
    The blood in me gives me eyes to see (c)

  3. #3
    Member Peasa's Avatar
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    Is this useful / helpfull? Yes | No
    Which country do you think is the best for development outsourcing? I have recently read a very interesting article about Ukrainian developers from https://diceus.com/are-ukrainian-developers-good/ I think you will find it interesting to you too, good luck with it
    Last edited by Peasa; 08-28-2018 at 02:16 PM.

  4. #4
    Junior Member tomsil's Avatar
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    Is this useful / helpfull? Yes | No
    I came across many businesses running solely on outsourcing & they are in +ve ROI, so Outsourcing will work but depends on how you manage it & also the people you hire to outsource.

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