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Thread: Is outsourcing riskier?

  1. #21
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    Default Re: Is outsourcing riskier?

    While there are some risks that come with outsourcing there are ways you can minimize those risks. When outsourcing anything you need to find a company or someone who has a good track record delivering what they promise. Literally. If you have doubts then do find out how your competitors outsource supply chain management or anything else. That should help because you can find useful information you can use like identifying individuals you could hire in future.

  2. #22
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    Default Re: Is outsourcing riskier?

    Everything comes with a certain amount of risk, but for me if you are able to do everything in-house then you're risk won't be as great. If you can complete every part of a business yourself rather than having to rely on another company, then your risk is bound to decrease as a result. Not only will you be able to regulate and check the process on a regular basis, you will also be able to cut down on the costs as well. Employing another company to complete a step in a manufacturing process that you can't complete yourself can often throw up difficulties, and no matter what sector of business your talking about, the less difficulties you have, is always for the better.

  3. #23
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    Default Re: Is outsourcing riskier?

    Quote Originally Posted by Vampa View Post
    While there are some risks that come with outsourcing there are ways you can minimize those risks. When outsourcing anything you need to find a company or someone who has a good track record delivering what they promise. Literally. If you have doubts then do find out how your competitors outsource supply chain management or anything else. That should help because you can find useful information you can use like identifying individuals you could hire in future.
    Very good point and suggestion. I've always wondered how some companies end up with horror stories while someone don't when it comes to outsourcing and I guess this is the best answer because as with everything some will tend to have good track records and some won't and considering that you will probably be saving a lot when you outsource then it's best to just go with the best one among those options since going with the cheap and shady ones might just end up costing you more in the long run anyway.

  4. #24
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    Default Re: Is outsourcing riskier?

    Which explains why in most freelancer sites, clients have to rate or provide feedback on the freelancers they've hired. The ratings actually help future clients make informed hiring decisions. They wouldn't want freelancers who do not deliver as instructed. It's a little riskier if you deal with outsourcing companies since the hiring process is beyond your control and you just have to trust in the outsourcing firm's judgment.

  5. #25
    Gold Member nytegeek's Avatar
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    Default Re: Is outsourcing riskier?

    Often the firms you can outsource to either base their hiring practices on client expectations or just have tougher requirements to begin with. Seek out one of these types of firms if hiring practices concern you, there are plenty to choose from in almost any industry.

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