Seeking an outsourcing partner is not easy. Navigating through the cultural, geographic, and timezone issues, not to mention the time necessary to do the appropriate due-diligence from selection to negotiating the best contract is all time consuming work.
Here are two key reasons we believe you need an oursourcing advisor to help you:
- Reducing the time to market: Outsourcing partner selection can be a long drawn out process, sometimes taking 12 to 14 months from start to finish. Your team may not have the time or the expertise in dealing with vendors in a foreign country. They may also not have the market knowledge or the experience in negotiating an outsourcing contract of such a magnitude. An outsourcing advisor can help cut through the government red-tape, bring in prior experience, and also help negotiate a contract that is more in tune with local market rates. A sourcing advisor in essence, levels the playing field due to market knowledge in this domain.
- Ongoing contract management:Once negotiated, many contracts become obsolete within the first year or two due to multiple reasons but primarily due to changing scope, new skill set requirements, etc. An outsourcing advisor can make sure that contracts are kept up to date with continuous review and updates to ensure that you benefit from ongoing, recurring savings on your outsourcing investment.
A sourcing advisor who hand-holds you through that process can bring in significant value in many ways, including monetary savings in the long run. Contact us today to see how we can help you benefit from our outsourcing advisory services.