article thumbnail

6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. For example, it is no secret that software pirating is still very common in China, Vietnam, and other cultures.

article thumbnail

6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. For example, it is no secret that software pirating is still very common in China, Vietnam, and other cultures.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global Perspective: Current Opportunities for Low-Cost Manufacturing in China

The Startup Magazine

Their primary motivation has been the fact that manufacturing costs in Chinese factories are lower than those in the US or Europe. But in the past few years, a number of news articles and blogs have speculated whether China remains a low-cost destination for manufacturers. These gaps lead to an increase in costs.

China 91
article thumbnail

Paul Herdsman Of NICE Global: The Benefits Of Utilizing Nearshore Outsourcing For Your Business

YoungUpstarts

Everything from customer service, technical support, to back office operations are able to be outsourced as a way to reduce costs, keep up with the evolving consumer expectations, and drive a faster return on investment. Here are four major reasons why nearshore is often a solution that provides the best of both worlds: Cost Effectiveness.

Offshore 165
article thumbnail

Are You Properly Managing Your Core Competency?

Startup Professionals Musings

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost wont help you if you cant make the daily innovations required to stay competitive. For example, it is no secret that software pirating is still very common in China, Vietnam, and other cultures.

article thumbnail

Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

For example, 90% of the software used in China and Vietnam today is pirated. On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution. Cost factors. Companies in Asia and Eastern Europe can still provide direct cost reductions of up to 75%. Intellectual property content.

article thumbnail

6 Ways To Prevent Disastrous Outsourcing Decisions

Startup Professionals Musings

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. For example, it is no secret that software pirating is still very common in China, Vietnam, and other cultures.