Flexible sourcing enables an organization to be in a position to respond to work demand just in time. Many companies struggle with having the right mix of resources and ultimately capacity to satisfy this demand. They experience challenges balancing permanent employees and contractors with operational and project demand. There are several outsourcing options as mentioned above; your organizational requirements determines the approach best suited for your bottom line.
Knowing when to outsource can make your company more productive and profitable. The following criteria should be used in determining when and what to outsource:
- Nonvalue added routine activities/tasks
- Ongoing maintainance
- Temporary or cyclical work
- More cost effective to outsource work
- Work requires highly specialized skill
- Work is not crucial to generating profits or market success.
"There are several outsourcing options – business process outsourcing, managed services, offshoring, hosted services – flexible sourcing has the potential to deliver huge value, particularly when it comes to recruiting skills for short-term projects. Potentially, it allows managers to tap into a global resource of talent as and when needed" David Longworth, March 2008 Webster Buchanan Research
Regina Williams, Author
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