Feasibility And Benefits Of Business Process Outsourcing...

Research Report Introduction- The research topic is to find the feasibility and the benefits of Business process outsourcing and Knowledge process outsourcing, in India. The research is planned to be conducted keeping Indian market in perspective, which is why one of the booming industries ‘Outsourcing units’ has been chosen, to complete the research on. India has come out to be major player in the outsourcing business since past a few years. (Ahmedabad) Outsourcing the business is in trend as it helps the company to cut the operational cost. It basically means the multinational companies handing over of their task like sales or collections, to another company on a target basis payment contract. This creates a win- win situation for both the companies as former one gets to save a lot of time, money and energy and the latter gets the business. India specifically is benefitted because of several reasons as a huge population of economical and effective labour resides in the country. India stands the second highest in possessing the english-speaking and computer friendly population. (Ahmedabad) Typically, the business that is passed over to the business processing outsourcing units is the non-core activities of the multinational companies. This research will be done keeping the Indian market in mind, which is why most of the references taken to make this literature review are done keeping Indian industry in mind. Also it has been made sure, that most of the data used to makeShow MoreRelated It Outsourcing Essay1029 Words   |  5 PagesIt Outsourcing INTRODUCTION Companies are increasingly outsourcing the management of information technology (IT) for reasons that include concern for cost and quality, lagging IT performance, supplier pressure, access to special technical and application skills, and other financial factors. The outsourcing solution is acceptable to large and small firms alike because strategic alliances are now more common and the IT environment is changing rapidly. REASON TO OUTSOURCE Although the mixRead MoreEssay on Prism Canada Inc. Case Study1517 Words   |  7 PagesPrism Canada Inc. Case Study Problem Statement: Will outsourcing the company’s inefficient sheet metal operation be a proper strategic move to save the company money and satisfy current and potential customers with respects to quality and delivery lead time? Size up: Item | So What? | Machine break-downs | Since break-downs occur at the initial step, the rest of the process gets delayed causing longer customer lead time and extra shifts are required which increases labour expense. | Read MoreInformation Systems-Chapter 9 Global Informartion Systems2404 Words   |  10 PagesInformation Systems Why go Global? –Customers demand integrated worldwide services. Example: shoe company. Prerequisites to the success of a global information system: -Clear understanding of factors such as customs, laws, technological issues, and local business needs and practices. Airline reservation systems- first large-scale interactive global system Global products-Products or services that have been standardized for all markets. Manufacturer might â€Å"regionalize† operations Globalization- importantRead MorePhases, Steps, Techniques, And Deliverables1166 Words   |  5 Pages1. Compare and contrast phases, steps, techniques, and deliverables. Phase: it is the categorization of work that is to be performed Steps: The process that is involved in completing the work in a particular phase Techniques: The approach which helps to complete the steps involved in that particular phase Deliverables: The result/output that we get after completion of work So in order to complete a task we categorize it into different phases and each phase consists of sequential steps that are toRead MoreProj410 Case Study 2 Essay2719 Words   |  11 Pagesoutline the outsourcing / contracting process for Travel Magazine. This process will ultimately be used to determine which business processes at Travel Magazine will be outsourced and which will remain in-house. In addition, this summary will include various vendor selection considerations, such as evaluation criteria and performance measurements, for those processes that will be outsourced. GENERAL OUTSOURCING INFORMATION: The following is some general information regarding the outsourcing of businessRead MoreCase Analysis Ockham Technology932 Words   |  4 Pagesï » ¿Case Analysis – Ockham Technology 1. Assessment of the job Jim has done getting started and assembling key human resources a. Problems and Solutions Problem Solution Process Founding a team Define what they (Jim and Ken) can contribute Identify other needed skills/capabilities Decide number of people they need Look for ideal candidates from their network Complete Less than enough (co)founder commitment Jim and Mike quit their jobs Ken wrote a check as part of initial capital but did not quit hisRead MoreAvoiding the Alignment Trap in Information Technology1825 Words   |  7 Pagesprojects fail to deliver the expected functionality, timing and cost. According to survey results, two major patterns lead to failure of IT: alignment and efficiency. Alignment is the degree to which the IT group understands the priorities of the business and expends its resources, pursues projects ad provides information consistent with them. This case recognized the following four IT alignment quadrants that companies fall into as followed: 1. Alignment Trap: This situation arises when businesssRead MoreRisks For An Entrepreneur Who Becomes Emotionally Attached Essay936 Words   |  4 Pages4-3: There are many risks for an entrepreneur who becomes emotionally attached to an idea to a new business. One of risk is that it might waste the entrepreneur a lot of time and money. Another risk is that new idea can destroy the achievement they have got before. 4-10: Tools for conducting primary research: 1. Customer surveys and questionnaires: Creating a surveys or questionnaires for collecting customer’s ideas. 2. Focus groups: Focus group refers a form of qualitative research that a groupRead MoreInformation Security Chap 4 Review3068 Words   |  13 Pages1. What is risk management? Why is the identification of risks, by listing assets and their vulnerabilities, so important to the risk management process? Risk management is the process of identifying risk, as represented by vulnerabilities, to an organization’s information assets and infrastructure, and taking steps to reduce this risk to an acceptable level. Each of the three elements in the C.I.A. triangle, introduced in Chapter 1, is an essential part of every IT organization’s ability to sustainRead MoreOutsourcing Risk1852 Words   |  8 PagesOutsourcing Risk Abstract Outsourcing can be expensive and have multiple risks; however, in this paper I will identify the possible risks to an organization in each of the following outsourcing situations: ââ€" ª External service provider for data storage ââ€" ª Enterprise service provider for processing information systems applications such as a payroll, human resources, or sales order taking ââ€" ª Use of a vendor to support your desktop computers ââ€" ª Use of a vendor to provide network