Remove Offshoring Remove Operational Costs Remove Pharmaceuticals
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US Companies That Outsource And Remained Recession Proof

Magellan Solutions

For US companies that outsource offshore, one of its greatest benefits is additional support during recessions. While you can always outsource within your territory, a growing number of companies find it more effective to do it offshore. In fact, a lot of key industry players are taking advantage of offshore outsourcing.

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11 Companies That Outsource Sales and Why Should You Too

Magellan Solutions

Pfizer is a pharmaceutical corporation based in New York City. Now, the company is one of the most renowned pharmaceutical companies in the world. Pfizer contracts offshore outsourcing companies for their operations, including manufacturing and sales. Some of its benefits include: Lower operational costs.

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The Leader Of KPO Companies In The Philippines

Magellan Solutions

In addition, Chinese pharmaceutical firms which specialize in research and development have set up offices in Manila. The cost of rent and operating costs in the Philippines has been a huge enticement. However, companies that engage in KPO offshore also typically do so in order to reduce costs.

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7 Industries That Need To Outsource Customer Services in 2021

Magellan Solutions

Challenges such as school closures owing to the COVID-19 issue to lower government financing to higher operational costs affects their stability. Pharmaceutical Industry. Pharmaceutical companies are facing a lot of challenges nowadays due to pricing pressure, changing regulatory requirements, and the pandemic. .