Business process outsourcing means the movement of an essential or non essential part of a business to another country. Now days even if the country's right next to yours it can still be regarded as an offshore or most likely near shore. Most large manufacturers or it service providers are know to outsource some part of their business chain to another location due to lower costs or another aspect that makes their business more effective.
Most popular places for Business process outsourcing:
India
India is considered to be the biggest place to where the most of businesses are outsourced. Generating a large part of the India's GDP. Generating around 10 billion dollars a year.
Europe
Europe, especially eastern Europe has recently became popular as another place to outsource your business processes. As there are more qualified worker for some sort of and outsourced business work that in India, it may one day become the most popular place for outsourcing.
China
Another country in Asia that has been popular for quite some time as an outsource location has been on the decline in the last years. Although the recent improvements and development of the chines economics could suggest the opposite and may be brewing another upswing in the Chines outsource market.
No comments:
Post a Comment