Outsourcing can be a solution to apply to grow a company outside of the organization. And it’s possible that some risks and challenges could show up, but it also can bring several benefits. Many businesses have already adopted it with success into their logistics or supply chain operations. If you are strongly considering outsourcing, hopefully this article can inspire you and help to make a decision. So, let’s begin and get inspiration from the following outsourcing quotes!
Advantages of Outsourcing
1. REDUCE COSTS
There may be some cases where the employees don’t know how to do a specific task. When this happens, outsourcing this job to an expert could be an ideal solution. Since, the company would need to hire someone to train them, while paying for work that isn’t being done.
2. INCREMENT OF PRODUCTIVITY AND EFFICIENCY
Once companies outsource non-essential tasks, they can really focus on what really matters and bring value-added work to the company. In fact, a study made by Deloitte, showed that the most common benefit perceived by companies that use outsourcing is “enabling focus on core functions”.
3. 24/7 PRODUCTION
It is possible to achieve a 24/7 production cycle by hiring freelancers in other time zones. But, it also requires a strong outsourcing relationship so the operations and reach don’t decline. Professionals from Katrium are well-trained and prepared to make this a reality with our contact center services, feel free to contact us.
Outsourcing Quotes
- “Master your strengths, outsource your weaknesses.” – Ryan Khan, Founder of The Hired Group.
- “The important thing about outsourcing or global sourcing is that it becomes a very powerful tool to leverage talent, improve productivity and reduce work cycles.” – Azim Premji, Chairman of Wipro Limited.
- “The real power of outsourcing going forward is going to be that it increases an organization’s core capacity for change and growth. The business challenges over the next decade are going to be very different than anything we’ve seen so far and the companies that weave a powerful network of global partners through outsourcing will be the winners.” – Michael Corbett, Chairman of the IAOP.
- “If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.” – Lee Kuan Yew, Former Prime Minister of Singapore.
- “Outsourcing is a way to gain a head start in this crunch and competitive market.” – Viktoria Vasina, Operational Manager Katrium
- “Do what you do best and outsource the rest.” – Peter Drucker, Professor of Economics in the Crawford School of Public Policy in the College of Asia.
- “If there’s not enough growth in the industry to support all of the players, it’s in society’s best interests to have the most output produced with the least inputs.” – Warren Buffett, Chairman and CEO of Berkshire Hathaway.
- “If you try to do everything, you will do nothing well.” – Henry Ford, founder of the Ford Motor Company.
- “Do one thing better than anyone. Ignore everything else.” – Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund.
Conclusion
The main goal of outsourcing, as highlighted in outsourcing quotes above, is to optimize performance while reducing expenses. Gives the chance to smaller companies to compete with bigger companies that may have more resources with them. Outsourcing business can help the company to lower labor costs, streamline business practices and the possibility of developing a competitive business strategy.
Katrium, boasting 17 years of specialized experience, provides a diverse range of services. If you seek enhanced efficiency and cost reduction, our team provides you with all the tools to realize and achieve your aspiration. Please don’t hesitate to reach out. Click here to book a meeting with us and see how we can assist you!