Although outsourcing has been utilized by thousands of U.S. companies since the 1970s, it has become an increasingly controversial topic. In fact, lawmakers in more than 35 states have introduced legislation restricting outsourcing just as its popularity among corporations as an effective cost-cutting tool has begun to soar. Early in its growth outsourcing did not us......Full article >>>
whether the processes of the outsourcing company will be properly carried out. Disadvantages include incompatibility between the parent company's policies and the legal and cultural framework of the foreign country and management complications that come with supervising a remote set-up that is less accessible for direct review.
A second option for a business considering offshore
o......Full article >>>
ould ensure that an accepted dispute resolution procedure is expressly set out, including where the case would be filed should a conflict arise.
A critical part of any successful outsourcing arrangement is a comprehensive contract. For example, information technology managers have reported getting less out of technology and product outsourcing contracts then hoped for, because of a lack o......Full article >>>
ed to data protection, intellectual property, privacy and other statutory requirements are complied with in a manner that most benefits the outsourcer.
The provisions of any outsourcing contract must be conscientiously crafted because the contract provides the foundation for any deal and acts as a binding factor between the two parties involved. The business relationship is less likely t......Full article >>>
ving any complications that may arise due to the movement overseas. At the same time, the carefully defined processes and goals should remain flexible enough to anticipate future changes.