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Cost Efficiency Outsourcing reduces overhead costs associated with hiring, training, and maintaining an in-house team. Businesses can leverage cost-effective solutions, particularly in offshore locations such as the Philippines, where laborcosts are lower without compromising quality.
Example: A European retail company needed an e-commerce platform upgrade and opted for nearshore outsourcing with a development team in Poland. If cost savings are the top priority, offshore outsourcing typically provides the most economical solution. Which Outsourcing Model Offers the Most Cost Savings?
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