Sunday, June 27, 2010

Outsourcing Packaging of Spices!


Often people associate the idea of outsourcing only with the large scale industries. However even the small scale companies can benefit in their own way by outsourcing the operation of a specific department.

The small companies which process the spices starting from the plucking of spices and then their grinding etc can actually benefit a lot by outsourcing the packaging of their spices. While these companies are known for providing some of the best quality spices they tend to miss out on getting their due as far as sales are concerned because somehow their packaging standards are lower than that of the high end companies and people tend to purchase more of the products which are well packed. By outsourcing their packaging to a company which can provide them with high quality packaging, the small scale spice companies can actually benefit a lot in terms of attracting customers.

Moreover, since all the employees of the small scale spice company would be focused on their core job of selecting the spices and getting them powdered, the company would be able to further improvise the standard of the spices they retail. By outsourcing their packaging department they would be able to avoid the requirements of having a packaging department. This way they would not have to hire employees who would be solely dedicated to the packing of spices. The company would have the option of either reducing the number of employees or they could even look forward to increasing their production by utilizing the services of those employees in the production section.

While the concept of outsourcing had been introduced by large scale companies, these days even the small scale companies are benefiting by outsourcing specific segments of their company to other companies which provide specialized services in that specific segment.

Thursday, June 24, 2010

Advantages of Outsourcing the Packaging of Goods by Small Scale Industries


Most of the small scale companies which manufacture products such as candles and incense sticks etc have to set up an extra department in order to handle the packaging of the candles which are manufactured by their company. While this helps the company in releasing a finished product to the market, the fact is that they can gain a lot by outsourcing their packaging department needs.

Once a candle making company decides to outsource the packaging segment of their company, they can concentrate on their core competency of candle making and can utilize their resources in increasing their productivity. The fact that they do not need to hire extra employees would save them a lot of money annually. Moreover packaging requires the presence of trained professionals who are trained in the art of packaging. Once a company decides to outsource its packaging needs the company does not have to invest any time or money on hiring and training employees to be a part of the packaging team.

The fact that the company decides to outsource their packaging needs to another company helps the main company in avoiding the necessity of investing in machinery related to packaging. Moreover when a company outsources the packing of its candles they increase the productivity by devising best practices that help all the departments in maximizing their efficiency levels.

After outsourcing the packaging segment of the company, the management can focus on picking bigger orders of manufacturing candles because they would have the manpower and space to increase their production. So while a different company is handling the packaging for them they can concentrate on increasing the production in their company. Small scale companies which have been operating for a long time need a business analysis done in order to see what their company can do in order to increase their productivity. Outsourcing will definitely be an option!

Monday, June 21, 2010

Outsourcing and its Benefits for Telecom Industry


Outsourcing is the new key in the present world to expand your business. According to the latest trends, most of the businesses have now started depending on the outsourcing phenomenon in order to succeed in their business.

Amongst all the businesses profiting from the services provided by outsourcing, telecom industry is one. According to estimates, almost 75% of the telecom business companies have already taken to outsourcing. Most of the telecom executives admit to the fact that in the process of making any major financial or technological policy, outsourcing is a major player. Apart from the fact that outsourcing certain business processes is convenient to the company, it is also true that telecom companies save a lot of money by following this suit. For example, about half of the finances within a telecom industry is spent on network management. Other segments that require a lot of time and finances include customer care, billing, recruitments etc. With the advent of Business Process Outsourcing (BPO) though, the telecom industries can easily outsource the above mentioned services and processes.

Especially for telecom industries based in the first world nations or developed nations, where work force is extremely costly, outsourcing their business processes to BPOs based in third world nations like China, India or the Philippines makes for a major cost-saver. With the major processes outsourced, the telecom companies are then better able to utilize their time and management by focusing into expansion and other company policies aiming at expanding their customer base. Apart from this, outsourcing processes like customer care to BPOs also ensure that all their customers get complete and proper attention, hence assuring a loyal customer base. Then again, outsourcing also ensures that these companies get the latest of technological aid, which would have come extremely costly if the company had decided to do it themselves.

The telecom industry finds itself gaining from outsourcing and the trend is only going to dig further into the industry.

Thursday, June 17, 2010

Cyber Corridor and its Impact on the Philippines Call Center Industry

As in recent news, the President of the Philippines, President Arroyo has been on a tour of the cyber Corridor. For those uninitiated, the cyber corridor is the site where most of the IT firms and BPO offices are housed. According to the president, the industry needs to bring in more vigor in order to give more candidates jobs and a consecutive boost to the Philippine economy.

The BPO industry was first launched in the Philippines in the year 2001, with a mere 2000 workers population. Today, however, the BPO sector alone contributes to around 5 to 6% of the total GDP of the Philippines. The year 2009 saw incoming revenue of US$7.3 billion alone from the BPO industry. According to projected estimates, it is further expected that the figure will rise to $13 billion by the year 2011, and by the end of year 2020, the figure is expected to cross the $100 billion mark! This will amount to almost 20% of the total business that is generated universally in this sector.

With TESDA’s developmental plans and the P500 million fund by the Arroyo administration out there to bring out more trained professionals in the field of business outsourcing, the future of the BPO industry in Philippines looks extremely bright. Though it is presently just a notch behind India in rankings, with a number of people joining the outsourcing business, it is soon expected to overtake its competitors and become the first choice for those looking for outsourcing services. Apart from the trained staff and multi-skilled labor, the Philippines is also a strategically located geographically, offering it an edge that no other nation in the business has. Then again, as more high-end outsourcing units opening up catering to legal services, design, web, software, medicine and lots of other fields, the BPO industry only stands to gain further ground amongst the entire business outsourcing market. Overall, the future of the BPO industry in Philippines looks good and is bound to give the nation a strong economic boost.

Wednesday, June 16, 2010

Astute Solutions

Philippines is known to be a world leader in the outsourcing industry. The number of call centers coming up in the country bears testimony to this fact. However, in order to move forward, these BPO units need to employ the latest technologies. Today, old contact center softwares are being replaced by new, dynamic products. One such product is the RealDialog e-service application made by Astute solutions.

Effective communication is the key for any business to function properly and this principle holds strong for the call center industry. This new software claims to take a giant step forward in the world of virtual call centers. This will happen with more efficient responses to customer queries. RealDialog analyzes customer inquiries word by word and is an intelligent system which learns from every user conversation. It enables customer interaction through a wide range of channels, which include voice contact center systems and websites. It can deliver messages to the customer in a variety of forms. Astute claims that this technology will enrich the whole customer experience by responding to their inquiries with 99% accuracy!

This new application is definitely going to take the market by storm and major call centers in the Philippines are bound to deploy this software on their systems. By doing so, they will be able to facilitate better interaction with their clients and will be a step ahead of their competitors. Technologies such as these will affect the call center industry in Philippines tremendously by reducing IT costs and improving productivity.

The future holds a lot for call centers in the Philippines if they are able to deliver the goods required of them. Employing newer technologies will help these upcoming firms to be up to date with the latest market trends. The RealDialog application is one such technology which will take them towards their goal faster and more efficiently!

Thursday, June 10, 2010

$100 Billion by 2020: The Filipino BPO Industry is on its Way


Indian outsourcing officials recently stated that the BPO industry in Philippines is poised to become a $100 Billion industry by 2020. This is a big compliment coming from a country which has proved itself as a top BPO destination of the world.

Philippines has become a favored outsourcing destination in a very short span of time. The call center industry here has also flourished due to the majority of English speaking population. Outsourcing experts in India feel that Philippines has great potential and that their small population is not a drawback. However, for outsourcing to grow here, emphasis should be made to explore the KPO industry which deals with logical and analytical products. Along with this, the Filipino organizations should train their workforce to be able to deal with such products. Frankly speaking, this applies to every line of work. One needs to keep re inventing himself to stay ahead in the race!

Partnering with countries such as India and China will also be very beneficial for BPO units in Philipinnes. This is mainly because they are established players in the field along with having a huge, experienced workforce. Business Processing Association of the Philippines (BPAP) officials have stated that they are on course to make such dealings and that they are working towards developing a strong workforce to meet future challenges. They are also hosting the first International Outsourcing Summit in October this year.

With the amount of business expected from outsourcing, the call center industry in the country will grow exponentially in the years to come. With great developments in “next wave” cities like Cebu, Iloilo and Davao City, a great number of call center jobs will be created. Philippines is on its way up to become a leading hub for established contact centers and the time is just right for investors to make profitable investments in the country.

Monday, June 7, 2010

Philippines - 7th Most Favorable Outsourcing Destination

A.T. Kearney’s Global Services Location Index (GSLI) is a respected index that ranks attractive outsourcing destinations around the world. Its latest edition explicitly states that destinations in Asia, Middle East and North Africa are beating traditional Central European countries in the highly competitive BPO industry. More and more companies are looking to ship their jobs to these locations as they provide good quality and cost effective solutions. Philippines is also a key member of the outsourcing world and it has been ranked the 7th most favorable outsourcing destination by the index. This is great news for the Filipinos as the outsourcing industry in the country is growing at an alarming rate!

Philippines is slowly becoming one of the most favored destinations for outsourced jobs. GSLI’s latest edition is a good indicator of the changing market trends and news such as this will provide a great boost to the already flourishing BPO units here. With more and more call centers being set up in the country, it won’t be long before this archipelago makes its way into the top 5!

India, China and Malaysia have maintained their top three spots, a clear indicator of the dominance Asia has in the outsourcing world. Western European countries such as Poland, Hungary and Slovakia, which were once top outsourcing destinations, have dropped several places in the latest rankings. The index is a good indicator of the business trends as a lot of research goes into it. Each country’s score is made up of a weighted combination on 43 different measurements! Hence, there should not be too much debate on the ability of the index!

GSLI has been an efficient index since its inception in 2004. They have keenly followed market trends and have provided accurate results! Their latest edition has surely given much needed motivation to upcoming call centers in the Philippines. The future looks bright and it is the right time to capitalize on the opportunity!

Tuesday, June 1, 2010

Increase productivity with Outsourcing

Outsourcing – being the object of interest of most companies to further propagate their business these days, businessmen mainly target call centers as their marketer or vendor of their product or service. Their main advantage is in saving time, labor and money as they benefit from cheaper labor rates in different states and countries.

A call center is an office where a company's incoming calls are received or outgoing calls are made. It is often staffed with representatives who are experts and skilled to give support in customer service, technical functions and to help generate sales. Outbound call centers centralized on making outgoing calls to office and home numbers on behalf of a client. Outbound calls can be a telemarketing, sales or surveys where an agent's success can be measured by the total number of calls made, number of successful leads for sales and telemarketing calls, and tasks completed. On the other hand, inbound call centers focused only on receiving calls from the customers of the company they are supporting. Inbound call centers often use automatic call distribution or by call monitoring by the Quality Assurance staff to ensure that customer service representative was able to assist customer's concern and meets customer's need.

Performance of customer service representatives are being monitored and observed to make sure that they provide excellent service that meets customer's satisfaction. To determine if a call center is achieving good results and accomplishing goals based on the contracts and agreement signed, Company management often use metrics such as customer surveys, retention and sales data.