Professional Documents
Culture Documents
2017/19
True/ False
Explain the BPO Risk mitigation Framework? How do we reduce Risks in a BPO Contracts?
It stands for the “service-level agreement.” It is an agreement between a party that offers some service(s) and users of
those service(s). The contract covers the list of services and highlights the quality standards that provider should
follow to guarantee customer satisfaction. Clients can benefit from such documents as these agreements contain the
qualities of the ordered service that makes it possible to compare with other organizations working in the same field.
Such contracts also recall the ways to redress gaps and problems (e.g. using service credits).
OR
A service-level agreement (SLA) is a contract between a service provider and its customers that documents what
services the provider will furnish and defines the service standards the provider is obligated to meet.
OR
A service-level agreement (SLA) defines the level of service expected by a customer from a supplier, laying out the
metrics by which that service is measured, and the remedies or penalties, if any, should the agreed-on service levels
not be achieved. Usually, SLAs are between companies and external suppliers, but they may also be between two
departments within a company.
Performance Metrices of BPO?
https://www.iccs-bpo.com/BPO/Call-Center-Key-Performance-Indicators
Legal Contracts in BPO?
1. Business Registration : To setup BPO you are required to register your business as Private Limited Company
in India, Private Limited Company Registration is required to be formed with the main object of BPO service like
tele-banking, tele-medicine, tele-education, tele-trading, e-commerce, call centre, network operation centre and
other IT Enabled Services.
2. Minimum Requirements for BPO Private Limited Company : Private Limited Company formation required
minimum 2 Directors and 2 Shareholders, both can be same persons. incase if you are single owner than one
person company can also be formed as single Director and Shareholder. Private Limited Company name should
be unique and no other company or trademark should exits with the objective of BPO services, for formation or
Registration of Private Limited Company PAN, Aadhar, Bank Statement , photo , mobile and email id is required
for all Directors and Shareholders and for Company office address Electricity bill , rent agreement and NOC form
owner is required.
3. Opening of Company Bank Account : Once the Company is registered its Directors or promoters should
process for opening of Bank Account of the Company.
4. Obtaining Other Service Provider (OSP) Licence Application for BPO business in India:OSP Registration is
a must for service provides who provide service like tele-banking, tele-medicine, tele-education, tele-trading, e-
commerce, call centre, network operation centre and other IT Enabled Services, by using Telecom Resources. To
obtain OSP Registration, an application must be made to the Department of Telecommunication in the requisite
format along with the supporting documents. The following are the documents that have to be submitted along
with the application fee:
o A note on the nature of business / activities of the proposed OSP List of present Directors of the
Company.
6. GST Registration : GST Registration is required to be obtained once you have received the OSP Registration
Certificate.
Difference between BPO and KPO?
BPO KPO
The services provided by a BPO A KPO offers in-depth knowledge, analysis and
includes customer care, expertise about complex subject areas. They are
telemarketing, technical capable of helping out organisations belonging to
support with the help of voice different knowledge verticals. The range of
processes, sales, etc. services includes legal services, market and
business research, etc.
The full form of The full form of KPO is Knowledge
BPO is Business Processing Processing Outsourcing.
Outsourcing.
The employees recruited by The employees recruited by KPO companies need
BPO companies need basic specialised knowledge of various subjects. They
computer knowledge and should be equipped to take care of the
practical communication skills. knowledge-based needs of their clients.
BPOs provide low-end services. KPOs are hired to take care of the high-end
services of their clients.
BPOs deal with pre-defined A KPO company needs to understand the client’s
processes as determined by business in-depth. It should be able to apply that
their clients. understanding to handle the knowledge-based
requirements of clients.
Employees generally do not KPO companies hire the expertise and skills of
possess high educational knowledgeable employees with high educational
qualifications. qualifications only.
A BPO unit offers its expertise KPO units provide services in the knowledge
in the fields of process domains to their clients.
application and function
management.
BPO relies on cost arbitrage. KPO relies on knowledge arbitrage.
BPO companies are driven by BPO companies are driven by knowledge.
volume.
BPO works based on rules. KPO works based on insights.
BPOs handle a low degree of A KPO manages higher degrees of complexities.
complexities.
A BPO provides lower levels of A KPO provides higher levels of collaboration and
collaboration and coordination coordination services.
services.
Explain the concept of ODM? Give example of an industry where it is being employed maximum?
Both the terms ODM and OEM are related to the manufacturing industry. ODM stands for Original Design
Manufacturing, and OEM refers to Original Equipment Manufacturing. It is quite confusing to see the
difference between the two, as they are very similar.
OEM refers to a company or a firm that is responsible for designing and building a product according to its
own specifications, and then selling the product to another company or firm, which is responsible for its
distribution. The one company produces products on behalf of another company, after which the
purchasing company markets the product under its own brand name.
An ODM company or firm, on the other hand, is responsible for designing and building a product as per
another company’s specifications.
So then, OEM companies design products as per their own specifications, whereas ODM companies design
products as per other company’s specifications.
An advantage of OEM is that the purchasers can obtain products without setting up a factory. In a sense,
OEM helps the purchasing companies to lower their production costs.
Summary:
1. ODM stands for original Design Manufacturing, and OEM refers to Original Equipment Manufacturing.
2. An OEM company is responsible for designing and building a product according to their own
specifications, and then selling the product to another company or firm, which is responsible for its
distribution. An ODM company or firm is responsible for designing and building a product as per another
company’s specifications.
ODM - Concept -> Design -> Quotation -> Proto type -> Pilot run -> Production.
Standards are voluntary agreements that stakeholders are making on a product, a service or a process.
Together, these parties form a so called technical committee that develops the standard. This committee is
guided by NEN, which has an advisory and facilitating role.
Proposal
Preparation
Establishing committee
Developing Standard
Publication by NEN
Implementation by users
Evaluation
Step 7: Repeat
If the process is able to achieve the goals set for it, replicate it for future
processes.
CMM ?
The Capability Maturity Model (CMM) is a methodology used to develop and refine an organization's
software development process. The model describes a five-level evolutionary path of increasingly organized
and systematically more mature processes.
IP Rights?
Intellectual property rights are the rights given to persons over the creations
of their minds. They usually give the creator an exclusive right over the use
of his/her creation for a certain period of time.
OR
Intellectual property is the product of the human intellect including creativity concepts, inventions, industrial models,
trademarks, songs, literature, symbols, names, brands,....etc. Intellectual Property Rights do not differ from other
property rights. They allow their owner to completely benefit from his/her product which was initially an idea that
developed and crystallized. They also entitle him/her to prevent others from using, dealing or tampering with his/her
product without prior permission from him/her. He/she can in fact legally sue them and force them to stop and
compensate for any damages.
https://www.dubaicustoms.gov.ae/en/IPR/Pages/WhatIsIPR.aspx