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Most Common Types of Outsourcing to Help You Recession-Proof Your Business Professional Outsourcing Professional outsourcing, sometimes known as “body shopping,” is the process of hiring specific experts or professionals to handle a variety of jobs without the intention of contracting out a full function.
American Express (AMEX) has been practicing businessprocessoutsourcing in India. The company by far has 3,000 to 4,000 IT roles outsourced to India. . In the last decade, GE planned to outsource 75 percent of their IT jobs and locate 75 percent of those jobs in India. American Express (AMEX).
In 2002, the financial giant signed a 10-year contract worth $700 million with a human resources outsourcing company. With the mounting pressure to cut costs due to the slow growth in emerging markets, the snacks company Mondelez International planned to resolve this through the massive outsourcing of white-collar jobs.
Businesses that keep in touch with leads make more money than those that don’t. Most agencies will not only get the job done, but they will also do it in different ways. The decision about whether to keep things in-house or outsource often comes down to looking at the costs and risks. Make a few calls and then stop.
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