4 Outsourcing Trends To Look Out For This Year

Estimated reading time: 2 mins

Many companies talk about outsourcing certain areas and how it could help but how many businesses actually utilise their ability to outsource? Well, in recent years, companies have seen a huge growth rate in their bottom line when it comes to outsourcing pieces of their business. Outsourcing is paving the way to innovation for most companies, so jumping on the bandwagon in your own business is not a bad thing! The trends in outsourcing change all the time, and it’s up to your company to keep an eye on those trends before deciding if it’s right for your business.

2016 came on in leaps and bounds when it comes to technological outsourcing, including SEO, and 2017 has been no different so far. There are a few things that this year is anticipating in terms of companies and their outsourcing, and we’ve put a few of those things together for you below so you can keep an eye on the trends this year.

Outsourced Vendors. Customers are getting far more in terms of service from outsourced services. Outsourcing isn’t just good for cost cutting for businesses, but other services that add value to their product or service. Global sourcing companies that deal with manufacturing are seeing more and more companies approach them for help and guidance and to manage their manufacturing needs more effectively. Adding value to a service is going to make a company more money than they can predict, and that means you could do far better in 2017 as a business if you are outsourcing.

Increased Employment. One of the biggest trends in outsourcing this year is the ability of companies to add more work for employees. The best thing? Most of these employees are virtual, which means that companies aren’t adding the cost of workspace and internal technology to their billing. Most outsourced employees work on a freelance basis and are experts in their field – meaning they don’t require much in the way of training. Offshore outsourcing is becoming a hit and you can read more about that in this article.

Centralised IT. There are businesses out there that feel the need to streamline their processes effectively and moving from multiple vendors to just one standard system is the way to go. Cutting costs and standardising the service is going to make a huge difference across the board for businesses the world over, increasing workplace productivity and the quality of service.

Flexibility. Companies that deal with global sourcing and outsourced employees are expected to see a continued flexibility in working hours. As outsourced companies work on the timeline of clients, there is a huge difference in the way they can work which gives your company the chance to be flexible, too.

2017 is a year that is promising for the outsourcing industry, and with more businesses jumping on the bandwagon, it’s going to be an industry that evolves in ways that cannot yet be predicted. So far, outsourcing is moving in a direction that is fruitful for companies the world over and it’s looking bright!

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