Submitted By-

Submitted To- Vineet Madaan

Dr. Teena Shivnani 170901234
OUTSOURCING

 Its is a process of contracting a business function

to specialised agencies.
 Mostly the non core areas like security, household,
pantry are outsourced to a third party.
 The agencies charges the company for their
services.
 Companies can focus on the core areas which
leads to better profits and increase the quality of
their product.
PROS

 You get more experts

 Things get done fast

 You can reduce cost

 Efforts are more targeted

 You get peace of mind

CONS

 You lose some control

 There are hidden cost

 There are security risk

 You reduce quality control

 You can lose your focus

 Things get lost in tranlation

COMPANIES OUSOURCING SUCCESSFULLY

 NIKE: Outsources the production of all its

footwears to various overseas manufacturing
plants majorly china.

 APPLE: Its relationship with Chinese

manufacturing firm faxconn is well known
INDIA AS AN OUTSOURCING DESTINATION

 75% MNC’s prefer India for outsourcing

 Cities like mumbai, bangluru, and delhi NCR
are the most preffered
 India has a large pool of skilled man power,
charted accountants, MBA’s, research analysts
which strenghtens the position
CONCLUSION

Despite of some cons to outsourcing it has still

helped us to grow and compete in a healthy
way.
It has increased globalisation and it also help
create jobs to a country.
It is a good take and give relationship with
growing relationship and growing companies
both side will benefit in the long run.
THANK YOU