2.
It is true that many areas of the developing
world are seeing rapid increases in wages
paid to employees, which can hurt the bottom
line of outsourcing businesses if they are not
careful. In India, the rupee is stronger against
the American dollar than it has ever been,
and in some locations, cost hikes of 15
percent or more are not unheard of. Indian
workers are making more performing
outsourced tasks for Western businesses
than they ever have before. However, this
does not mean that outsourcing itself has to
become much more expensive.
3.
Some of the biggest Indian sourcing firms,
including Infosys and Satyam, have begun to
bring their experience and expertise in low-
cost operations to bear on other locations
around the world, including eastern Europe,
Malaysia, and Mexico. By shuffling their
locations wisely and choosing places with
slower wage growth, these businesses have
been able to keep costs down while
continuing to turn healthy profits.
4.
By keeping an eye on currency exchange
rates and understanding inflation (and wage
inflation), wise sourcing businesses continue
to provide low-cost, high-quality offshore
services to businesses of every shape and
size. When considered globally, outsourcing
promises to remain a competitive way to cut
operating costs and improve business
efficiency for at least the next 20 years.
5.
About Alsbridge: A corporation that
specializes in sourcing solutions including
offshore outsourced services, it has reported
a consistent 40 percent yearly growth despite
alarming headlines about wage inflation and
cost increases in places like India and Latin
America.
6.
About Alsbridge: A corporation that
specializes in sourcing solutions including
offshore outsourced services, it has reported
a consistent 40 percent yearly growth despite
alarming headlines about wage inflation and
cost increases in places like India and Latin
America.