The Future of Outsourcing by Datamonitor
Filed in archive Outsourcing News on September 6, 2006
Another report in outsourcing is now out in the market.
The research Report entitled "The Future of Outsourcing" done by Datamonitor focuses on the experiences that companies have learned from outsourcing and what are the things which could shape the future of the said industry. The new outsourcing report revealed interesting information in regards to the outsourcing industry.
Datamonitor revealed that Western domestic contact center outsourcing is experiencing a slow growth but outsourcing in general would still continue to grow across all vertical markets. On the other hand, BestShoring was identified as the best outsourcing strategy in the market.
Aside from that, the report also evaluated outsourcing in different industries which includes the Automotive, Energy, Healthcare, technology and Financial Service markets. Some highlights of the report are as follows:
-Sales force outsourcing is considered as a "common practice" and a "tactical maneuver" in the pharmaceutical industry
-Most firms utilize the contract sales organizations (CSOs) in order to meet their short and long-term goals when outsourcing.
-Majority of US and Western Europe investors have adopted the nearshore model that would help them in moving their operations to cheaper yet quality-wise locations
These results just showed that the outsourcing industry has taken on a different dimension, proving that it is more than just a cost-cutting strategy. I just hope that this report would be able to educate people who are totally unaware of the outsourcing industry.

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Response from:
MIke Levinzon
(09/08/06 5:53am)
Response from:
Mike
(09/10/06 9:10pm)
This is a very good article, he is right about outsourcing. Here is a website that has been outsourced, Check it http://ticketsinstock.com
Mike Mints
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The Lighter Side of Outsourcing

In many cases, legitimate US businesses simply cannot compete with the lower prices that offshore companies and service providers can offer. The problem has only become worse with the advent of the internet – now any customer can go online to find a low-cost service provider or product around the world. Thanks to lower currency rates around the world, businesses in some countries also have a built-in advantage when it comes to hiring advertisers and marketers: they can hire these people to create powerful websites on their behalf for just pennies on the dollar.
It’s not just American jobs and American workers that are threatened by outsourcing, either. Customers are definitely getting the short end of the stick with outsourcing, as well. Although customers have been promised more competition and better prices with outsourcing, the facts suggest that outsourcing may be hurting rather than helping US buyers. In January 2006, the FDA issued a warning that foreign medications available to Americans via the internet and on vacations abroad contained different ingredients than US medications with similar names. The result is that US shoppers may experience health problems and even fatalities as a result of the confusion, according to the FDA. The FDA is constantly taking action against foreign web sites and retailers who sell counterfeit or unhealthy products, but customers may be unaware of these actions and may suffer personal injury or harm from unsafe products.
Worse, customers who have suffered from injury or harm as a result of foreign goods or services may have little or no legal recourse. With US-based businesses, injured or unhappy customers can seek compensation for any medical bills or costs they have to face because of harmful goods. Finding non-US-based perpetrators and bringing them to justice is not as simple or as cost-effective.
Outsourcing does not even help the world. In many cases, foreign service providers are paid a minuscule amount for their work. In some cases, workers are mistreated in order to make a company more competitive in the US market. Smart American consumers are saying no to this sort of exploitation and are turning to US-based service providers. These providers are protected by US laws and can turn to legal aid and other forms of help if they are being mistreated. Buying within the country may be the responsible thing to do.
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is doing its part by making its listing available only to the American public and by hand-picking only American service providers. By keeping MetroHorse a US business marketplace, MetroHorse is helping to provide quality local products and services. This, in turn, provides higher quality and better living standards for everyone in the country. By not allowing any foreign companies to sign up, MetroHorse preserves jobs in America but also ensures that all products and services are local and so are covered by local rules and regulations. With MetroHorse, you don’t have to worry about buying from an overseas service provider offering natural herb remedies that have not been FDA-approved but which are available on the internet. With MetroHorse, you can enjoy the peace of mind that comes with knowing that you are doing business responsibly and safely. To learn more about MetroHorse you can log on to http://www.MetroHorse.com