Outsourcing Strategies

SUPER GUIDE: Outsourcing Strategies

The Super Guide about Outsourcing Strategies is a complete guide on how outsourcing is a common and important business strategy that involves hiring a third-party resource outside a business organization to perform services or create goods. Understand the different types of outsourcing strategies that you can use and implement in your business.

Table of content

1. Introduction
2. What Is Outsourcing?
3. A Brief History Of Outsourcing
4. What Should You Outsource?
5. Types Of Outsourcing
   1. Types Of Outsourcing Strategies
      1. Onshore Outsourcing
      2. Offshore Outsourcing
      3. Nearshore Outsourcing
   2. Different Types Of Outsourcing Services
      1. Engineering Process Outsourcing (Epo)
         1. Commonly Outsourced Engineering Services
            1. Product Development And Design
            2. Cad And Drafting
            3. Simulation And Analysis
            4. Reverse Engineering
            5. Technical Documentation
            6. Engineering Consulting
      2. Information Technology Outsourcing (Ito)
      3. Why You Should Outsource Your Engineering Services
      4. Knowledge Process Outsourcing (Kpo)
      5. What Knowledge-Related Processes Are Outsourced?
         1. Business Operations And Management Kpo
         2. Legal Kpo
         3. Finance Kpo
         4. Marketing Kpo
         5. Product Design And Engineering Kpo
      6. Knowledge Process Outsourcing Vs. Business Process Outsourcing
         1. Overall Purpose For Implementation
         2. Scope Of Tasks
         3. Level Of Autonomy
         4. Relationship Management
      7. When Do You Need Kpo?
      8. What Types Of Businesses Use Knowledge Process Outsourcing?
      9. Advantages Of Knowledge Process Outsourcing
         1. Optimize And Evolve Critical Processes
         2. Plug Your Organization’s Knowledge And Skill Gaps
         3. Stay Flexible And Agile
         4. Increased Productivity Throughout The Company
      10. Risks Of Knowledge Process Outsourcing
          1. A Lack Of Operational Control
          2. Data Security Issues
          3. Communication Barriers And Silos
          4. Employee Morale And Consumer Perception
      11. Best Practices For Implementing Knowledge Process Outsourcing
          1. Define Your Rationale For Outsourcing
          2. Prioritize Domains And Tasks To Outsource
          3. Identify Kpo Candidates
          4. Set Terms And Manage Kpo Relationships
      12. Legal Process Outsourcing (Lpo)
      13. Which Situations Are Most Relevant For Lpo?
          1. You Need Extra Support During A Busy Period
          2. You Need Specialist Expertise
          3. You’re Expanding Into New Markets
      14. Benefits Of Lpo
          1. Cost Savings
          2. Increased Efficiency
          3. Improved Quality
      15. Challenges Of Lpo
      16. Recruitment Process Outsourcing (Rpo)
      17. Why Consider Rpo?
      18. Is Rpo Right For Your Organization?
      19. How Is Rpo Different From Other Outsourced Recruiting Options?
          1. Analysis And Planning
          2. Extensive Job Marketing
          3. Sourcing And Engaging Talent
          4. Candidate Assessments
          5. Candidate Care
      20. Three Basic Types Of Rpo Engagements
          1. On-Demand Rpo
          2. Function-Based Rpo
          3. Full Rpo
      21. How Much Does Rpo Cost: Models And Comparisons
          1. Management Fee Model (Typically Monthly)
          2. Cost Per Hire Model
          3. Cost Per Slate
          4. Cost Per Transaction
      22. Human Resource Outsourcing (Rho)
6. Conclusion

Read an excerpt from this Outsourcing Strategies Super Guide:

“Outsourcing as an integral part of modern business practice came into prominence during the 1990s as a shift towards free market economics and the rapid upscaling of the global supply chain increased  interconnectivity between businesses and encouraged organizations to focus their resources in areas in which they had some degree of comparative advantage over other competitors. The success of the system led to widespread adoption of the method and increased complexity.”

This is must-have knowledge for entrepreneurs and business model analysts, and consultants if you want to dominate business models, this super guide was made especially for you.

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