Outsourcing Process Methods
12 Pages2637 Words81 Views
Added on 2021-06-17
Outsourcing Process Methods
Added on 2021-06-17
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ContentsIntroduction................................................................................................................................4Project objective.........................................................................................................................4Project scope..............................................................................................................................4Literature review........................................................................................................................5Justification................................................................................................................................6Research question.......................................................................................................................7Primary question.....................................................................................................................7Secondary question.................................................................................................................7Research design and methodology.............................................................................................7Qualitative research................................................................................................................7Quantitative research..............................................................................................................7Sample size.............................................................................................................................8Sampling.................................................................................................................................8Variables.................................................................................................................................8Data collection........................................................................................................................8Data analysis...........................................................................................................................9Expected outcome..................................................................................................................9Reliability and validity.........................................................................................................10Research limitations.............................................................................................................10Time plan.................................................................................................................................11
Reference..................................................................................................................................12Introduction The process of outsourcing is based on the methods in which organization delegate the process of their business operations to some external vendors. This consist of operations like processing of transaction, order, inventory and payroll management (Starodubtseva and Starodubtseva, 2015). In addition, there are many call centre related services that are outsourced. There is some form of procedure that can be outsourced to the service providers like accounting as well as bookkeeping services, text, business procedure outsourcing, editing, image manipulating services, transcription-based services etc. Project objectiveThe report will discuss in detail about outsourcing advantages it is the best way for the small business entrepreneur to safeguard effectiveness and talk the bottom line of the organization. The report highlights about the functions of Kingston which is seen to outsource the products if the company is given an opportunity for enhancement in the market share. Project scopeIn this report, the discussion is about how outsourcing is able to process different functions with advantages and disadvantages that are elaborated by giving the focus on Kingston. Here,proper strategies will also be discussed for the enhancement of the market growth. (Sharma etal., 2016).Literature reviewThe outsourcing is important by the organisation to conduct the different activities which are depending upon efficiency. According to the analysis, the outsourcing is considered as
sharing the responsibility of the company with other party (Falkenbach et al., 2016). This willhelp in increasing the efficiency with achieving profits and market growth. There are many advantages of outsourcing of te business operations that can help in different platforms like the online and offline medium. Following is the detailed discussion: Cost benefits: the effectiveness is through conducting the responsibilities with activities in theright manner. Organizations can get the work done at low cost and at better quality also. Hence, the third party tends to take the responsibility for conducting the activities in a proper manner. The operational costs re affected when the functions of outsourcing are done (Schniederjans et al., 2015). The operational costs are generally affected when Kingston considers the methods and outsource the activities to the third party. They are based on third party through manufacturing and human resource activities (Grabara & Kot, 2017).High-level effectiveness: when the function of outsourcing the business requires to a partner of outsourcing like companies that can bring years of experience in business operations as well as expertise in providing complicated outsourcing work (Guarda et al., 2015). This further leads to the rise of overall productivity and effectiveness in the procedure thereby providing to the bottom-line of the organization (Roman, 2016).Attention on core operations: the process of outsourcing of the business operation will help inworking over different goals and objectives. The strategies at the time of outsourcing help to conduct with efficiency along with achieving the overall profits. If the company considers proper strategies, then it can be evaluated that the customers are satisfied and happy with overall services (Klimovets, 2015).Saving the infrastructure as well as technology: the process of outsourcing removes the process of investment in infrastructure as the steps of outsourcing partners takes complete responsibility of the business procedure and therefore grow infrastructure (Pearce II, 2014).
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