Outsourcing - a proven business case
Businesses that have grown over the years were able to do so because they performed better than the competition and were flexible enough in uncertain times. Businesses were better able to perform their core strengths and manage their fixed costs. Outsourcing allows business to focus on their core strengths and reduce their fixed expenses, long term commitments and administrative burden, giving businesses the ability to ramp up or ramp down variable costs to match economic activity. In this process, the businesses end up saving substantial money as well. Keeping this in perspective, most management gurus consider outsourcing not just as a trend but as a permanent value added development. Currently, Landmark Investment provides outsourcing consultancy and solutions in the following areas, across multiple industries:
Outsourcing optimizes business performance to attain value creation. We focus on enhancing quality & improving accuracy…savings follow naturally. We invest upfront to help you save costs immediately, while making refinements that make businesses work smarter. With us, you can redirect valuable resources more efficiently and strategically. Turn to us and turn your internal resources into core capabilities to differentiate and build your business.
An advantage of Outsourcing is the way in which it helps to increase a company’s flexibility, a key component for long term success. A fee-for-service strcuture can help a company becoming more flexible by transforming fixed into variable costs. A variable cost structure helps a company responding to changes in required capacity and does not require a company to invest in assets, thereby making the company more flexible.
Outsourcing may provide a firm with increased flexibility in its resource management and may reduce response times to major environmental changes.
Another way in which BPO contributes to a company’s flexibility is that a company is able to focus on its core competenties, without being burdened by the demands of bureaucratic restraints. Key employees are herewith released from performing non-core or administrative processes and can invest more time and energy in building the firm’s core businesses. Focusing more on one of these drivers may help a company create a competitive edge.
A third way in which BPO increases organizational flexibility is by increasing the speed of business processes. Using techniques such as linear programming can reduce cycle time and inventory levels, which can increase efficiency and cut costs. Supply chain management with the effective use of supply chain partners and business process outsourcing increases the speed of several business processes.
Finally, flexibility is seen as a stage in the organizational life cycle. A company can maintain growth goals while avoiding standard business bottlenecks. BPO therefore allows firms to retain their entrepreneurial speed and agility, which they would otherwise sacrifice in order to become efficient as they expanded. It avoids a premature internal transition from its informal entrepreneurial phase to a more bureaucratic mode of operation.
Landmark Investment is an expert vendor of BPO and has many clients who outsource their advisory mandates and financial management requirements. For more information or proposals please drop an email at [email protected]
