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.

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!

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.

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.

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!

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!

What Is Outsourcing? Why Outsource?

Size doesn’t matter – all it takes is the correct management of resources for your business to grow, I tell you. Many of the companies now are turning several branches of operations of their business to third-party experts. That is called outsourcing.

Outsourcing is seeking and hiring services of another company to do a particular function for you and for your company. Among these is Virtual call center services such as customer service, billing and data entry and technical support. This allows the owner to focus more of his precious time to other more important aspects of his business to save time, money and infrastructure. Why? Since the purchasing the necessary tools and facilities needed for your operation is now handed off to third-party professionals. You can get expert and skilled services on outsourcing too thus; you can save on manpower as well.

A good businessman thinks of the consequences first before leaping into a final decision. Outsourcing has disadvantages too. One of these is that outsourcing often eliminates direct communication between a company and its clients. Lack and delay of communication jeopardizes the control of the company. Once dependent to outsourcing, the company, itself, missed building solid relationship with their subscribers or customers that sometimes bring dissatisfaction to them for they can't address their concerns directly to the company. This is where a spontaneous communication should be fitted in. You miss this one factor for outsourcing and this will end up to losing your valued customers and eventually losing your business.

Are you a good businessman? If you want to engage in outsourcing, choose the right vendor to market your product and services.