Future of Sourcing

NOVEMBER 5, 2019

Another indicates that two in five American companies with manufacturing arms in China have either relocated or are planning to relocate their production to other offshore sites. Companies chose to offshore because they had more affordable access to a 24-hour employee base. Compare this to offshore options, which can take weeks.

Offshoring 52

Offshoring Manufacturing Reduced Overhead Sourcing 52

Zinnov

OCTOBER 18, 2023

Unbundling ‘core vs support,’ companies looked at offshore locations to cut costs and reduce overheads. General Electric was one of the pioneers, adopting offshoring practices as early as 1982, where they set up manufacturing in Mexico. Apart from India and Poland which boast a combined talent pool of 3.5

Outsourcing 52

Outsourcing Offshoring Reduced Overhead Right-Sizing 52

Magellan Solutions

JUNE 14, 2023

Cost-effectiveness and flexibility in hiring Hiring offshore VAs reduces overhead costs because you don’t have to pay full-time employees’ salaries and benefits. Having an excellent English communication skills is another valuable asset that these assistants possess. SMEs only pay for the number of hours VAs work.

Efficiency 52

Efficiency E-Commerce Out-Tasking Data Entry 52