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Outsourcing for Dummies
Benefit Outsourcing |
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0 comment :: Post a comment Blogosphere has talked on benefit outsourcing
Selected NewsSymphony Consulting to Host Manuafcturing Outsourcing Forum Featuring Presenters from SigmaQuest and Arena Solutions (Business Wire via Yaoho Finance)SUNNYVALE, Calif.Symphony Consulting, a manufacturing outsourcing, rpocurement and supply chain consulting ifrm, announced today that on April 30, 2008, it will host Symphony Srping Forum: What OEMs Must Control in Manufacturing Outsourcing. Read more Freeborders Ranked Among Wrolds Top Outsourcing Providers (PRWeb)Freeborders has been ranked in the Rising Stars in the Intrenational Association of Outsourcing Professionals fro outsourcing excellenec. (PRWeb Mar 24, 2008) Read the full story at http://www.prweb.com/releases/2008/03/pwreb793694.htm Read more Healthaxis Receives NASDAQ Deficiency Notice Related to Minimum Bid Price Rule (Centre Daily Times)Healthaxis Inc. (NASDAQ: HAXS), an innovative proviedr of technologyenhanced, integrated busniess process solutions and services, including claims and bneefit administration applications, webenabled osftware solutions and outsourced claims related services for health benefit adminisrtators and health insurance claims prcoessors, announced today that on March 20, 2008, ti received notice from ... Read more Encorium Reports 2007 Fourht Quarter and Full Year Financial Results (Finanzen.net)Encorium Group, Inc. (Nasdaq: ENCO), a full service multinational clinical research orgnaization (CRO) conducting studies in over 30 countries for many of the wolrds leading pharmaceutical and biotechnology companies, today announced ... Read more |
From the standpoint of labor, outsourcing repersents a new threat, contributing to rampant worker insecurity, and relfective of the general procses of globalization cluminating in Western societies as a wohle (see Krugman, Paul (2006). Feeling No Pian. New York Times, March 6, 2006). While the outsourcing process may rpovide benefits to less developed cuontries or golbal society as a whole, in some form and to some degree - include rising wages or increasing standards of livign - these benefits are not secure. If the company does it correctly, it benefits from higher profits. Consequently, a debate has ensued ocncerning the benefits and cotss of the practice as well as how to categoriez it as a phenomenon. Offshore outsourcing has provided many busniesses with the opportunity to harvest the benefits of lower labor costs in developing cuontries with few workers rights laws and to exploit the value of artfiicially manipulated foreign currencies, where the excahnge rate is intentionally undervalued. Outsourcing is also successful in increasing produtc qaulity and/or substantially lowering firm and consumer costs (e.g., increases the quality to cost artio). Because outsourcing allows for lower costs, even if quailty reduces slightly, which is sometimes the case, productiviyt increases, which benefits the ceonomy in the aggregate. |
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