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What is Outsourcing?

What is Outsourcing?

When a business ‘farms’ or sends out their job functions or services to a third party, rather than having employees inside their business perform them, it is called outsourcing. With information technology, outsourcing initiatives can involve a range of operations. These operations include defined components such as network services, disaster recovery, QA testing, or software development.

 

There are other types of outsourcing besides IT, that allow for a business to improve its operations:

 

  • Manufacturing
    • Manufacturing outsourcing allows for the reduction of costs such as having a factory, specific equipment, raw materials on hand, and more.
  • Project
    • Project outsourcing is an excellent choice when you do not have the skill, time, or budget to finish a project.
  • Professional
    • Professional outsourcing encompasses a wide selection of services, including purchasing, administration, legal, accounting, digital marketing, and other tasks too complex for your team.
  • Multi-Sourcing
    • Multi-sourcing is typically a combination of outsourcing that includes IT with other business functions.
  • Process-Specific
    • Process-specific outsourcing is obtained when you have a special service you need to be completed, such as something in the legal process.
  • Business Process
    • Business process outsourcing is perhaps the most common type and helps you handle mundane business activities such as scheduling or correspondence.
  • Operational
    • Operational outsourcing is common in the manufacturing industry. These services would cover equipment repair, landscaping, or delivery.

 

There are different outsourcing strategies as well, and places you can find a provider, such as:

 

  • Local
    • Pivot Solutions, Inc is an exceptional choice for your construction project management. We are an industry expert when it comes to handling your construction estimates and finding the winning bid.
  • Offshore
    • Offshore outsourcing is an option, however, there is a lack of reliability with this choice, especially if you choose a budget provider.
  • Nearshore
    • Nearshore outsourcing is in the middle of offshore and local. This choice would be contacting someone not in this country, but nearby. It would involve working with someone in Latin America for instance.

Benefits of Choosing Local Outsourcing for Your Business

There are a lot of benefits to choosing a local outsourcing service, such as Pivot Solutions, Inc., including:

  • Reducing the pressure on your team and yourself. Outsourcing projects and services allow you to focus on the core activities of the business. Tasks are able to be completed much quicker with this service’s help.
  • With the help of an expert in the industry, you can take advantage of skills most of your employees will not have. You will not have to spend time with training or teaching new skills to get the results you need.
  • Your business will have access to technology without having to pay for subscriptions. The outsource service will also understand how to use the technology needed without needing to be trained.
  • Outsourcing lowers your operating costs. The service you need is what you will pay for, unlike having an employee perform the tasks who are paid by the hour, receive benefits, and you’ll need specific equipment for them to use.
  • Outsourcing saves on office space

 

Outsourcing covers a wide range of business activities. When you know your options, you are better able to choose the tasks your business will benefit most from. When you consider your outsourcing options, keep in mind aspects such as quality, cost, and communication so you get the best outsourcing strategy possible.

 

Where to Find Outsourcing for Your Construction Company

Pivot Solutions Inc. offers you quality work from experienced professionals in the construction industry. We are ready to provide you the ability to control your budget and bids. It takes time away from your daily tasks to decipher what is and what is not included in your bidding process. Pivot Solutions is here to make sure you have a clear scope of work and are able to continue providing your clients the best work possible.

 

 

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