The following is a list of the most common mistakes that organizations make when outsourcing. If you are a global organization that is interested in outsourcing, ensure that you avoid these six common mistakes, so that you can reap the full potential of outsourcing.

Don’t overestimate overall cost savings

Most companies outsource because of the tremendous cost-benefits that outsourcing offers. Sending your work overseas can help you save significantly on operating costs while getting access to quality services. However outsourcing experts have predicted that the cost of operation even in countries like India will rise by 10% a year. This cost will not reduce but will only rise. Experts have even predicted that down the years India will not be a cost-effective destination. So, if you are outsourcing because of costs, you need to think again.

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Outsourcing has both positive and negative effects. However, the positive side of outsourcing outweighs the negative side of outsourcing. If your organization is into outsourcing and you are curious to know about the effects of outsourcing, then read on. The following is a list of the positive effects of outsourcing.

• With more and more companies planning to outsource low-end and high-end jobs, the outsourcing market is expected to grow tremendously
• The number of companies in offshore locations providing services has tremendously increased in the last few years and this too has had an effect on outsourcing
• With several offshore companies providing services, there are a wide variety of services to choose from. Companies who wish to outsource can also choose the most ideal outsourcing partner to meet their requirements. Continue reading →