| Q1. |
What is outsourcing? |
| A. |
"Outsourcing" involves transferring or sharing management control and / or decision-making of a business function to an outside supplier, which involves a degree of two-way information exchange, coordination and trust between the outsourcer and its client |
| Q2. |
Why do we need to outsource? |
| A. |
- Improve company focus
- Gain access to world-class capabilities
- Accelerate re-engineering benefits
- Share risks
- Free resources for other purposes
- Make capital funds available
- Reduce and control operating costs
- Take advantage of resources not available internally
- Handle a function that is difficult to manage or out of control
|
| Q3. |
Why should organizations Outsource? |
| A. |
The key reasons why an organization should outsource are:
- Reduce and control operating costs
- Improve host company focus
- Gain access to world-class capabilities
- Free internal resources for other purposes
- A function is time-consuming to manage or is out of control
- Insufficient resources are available internally
- Share risks with a partner company
|
| Q4. |
What can an organization outsource? |
| A. |
The list of functions that can be outsourced is long. Among other activities the key functions that can be outsourced are the following:
- Transaction management
- e-CRM (electronic Customer Relationship Management)
- SCM (Supply Chain Management)
- Back Office Processing
- Payroll
- Billing
- Forms Processing
- Data Entry
- Accounting
- Web solutions
- Web development
- Web design
- Website security
- Website maintenance
- Web hosting e-commerce: B2B, B2C and C2B
- Telemarketing and Call Centers
- Tele-servicing and Product Support
|
| Q5. |
Why do certain outsourcing projects fail? |
| A. |
Certain outsourcing assignments fail due to the following reasons:
- Lack of managerial support and active interest from the Back to Top Management of the outsourcing organization
- Lack of clearly defined roles before the commencement of the outsourcing exercise
- Lack of a comprehensive transition plan
- Lack of clearly defined service level agreements
|
| Q6. |
What are the critical success factors of outsourcing? |
| A. |
The following have found to be the critical factors for a successful outsourcing relationship
- Ensuring Back to Top Management support of the outsourcing organization
- Communicating outsourcing objectives to all employees
- Assigning an outsourcing champion to manage the outsourcing exercise
- Keeping the lines of communication open between the vendor and the company
- Clear establishment of the levels of service expected from the vendor
- Clear definition of the roles that would be played by the vendor and the company
- Developing and adhering to a comprehensive transition plan
|
| Q7. |
Do you have policies in place for clients' confidential & proprietary information? |
| A. |
For the fulfillment of our quality initiative and commitment, every FSD Solutions employee shall endeavor to ensure:
- Satisfaction of our customers to best of our ability.
- Safeguarding the competitiveness of our company by resisting compromise on Quality of work.
- Continuously enhancing our skills and know how.
- Priotizing training of our employees.
- Continually improving processes to get better quality
|
| Q8. |
How do you guarantee the quality? |
| A. |
For the fulfillment of our quality initiative and commitment, every FSD Solutions employee shall endeavor to ensure:
- Satisfaction of our customers to best of our ability.
- Safeguarding the competitiveness of our company by resisting compromise on Quality of work.
- Continuously enhancing our skills and know how.
- Priotizing training of our employees.
- Continually improving processes to get better quality
|
| Q9. |
How much does the outsourcing cost? |
| A. |
FSD Solutions offers the following pricing models to ensure your competitive advantage in a changing marketplace. You have the option to combine one or more Available models as part of your business strategy Fixed Price FSD Solutions follows a Fixed Price Model for projects that are specifically defined in terms of requirements, schedules and project path. Under this business model, we work with our clients to define their expected deliverable outcomes to determine a mutually agreed fixed price. We leverage this model in areas where we have domain expertise and accurately defined evaluation processes to set up the resource devotion. FSD Solutions focus is to deliver consistency and excellence in executing projects in a timely and cost efficient fashion. Hourly Rate Through the Time & Material Model, FSD Solutions offers its clients the flexibility to alter specifications based on upcoming market trends. This model is suitable for projects, which, are in their initial stage of development where specifications have not yet been clearly defined. The client pay development fee; which is a fee agreed mutually at the time of contract signing. Hence, the cost is determined by the amount of time and resources expended. The client may revise the size of the FSD Solutions team and at the same time, optimize the cost and duration of the project. |