Wednesday, July 23, 2008

BPO - Growing Sector in Asia

The Business Process Outsourcing is mainly divided into two categories: the back-end processing and the front-end processing. The back-end processing mainly deals with back office work like billing and the front-end processing mainly deals with customer support. The BPO industry mainly concentrates on the front-end process i.e. providing customer support. Most of the BPO companies recruit candidates for the front-end process. The pay scale for front-end processing (customer support) is also high when compared to back-end processing as you are mainly dealing with clients in US and UK and it requires good communication skill.

The job actually involves providing solution to customer queries. A candidate with good communication skill can thrive well in a BPO industry, especially as a customer support executive. The BPO industry also provide excellent training facilities. These training facilities actually help the candidates a lot as it makes them understand what the business is all about.

Actually, the BPO industry and the information technology go hand in hand. So, BPO sectors are also termed as information technology enabled services (ITES). Even though the basic pay scale is high in a BPO sector, working in a BPO industry can actually test your limits. Health-related issues such as severe backpain can arise as you may be working for long hours at a stretch. It may also lead to severe stress. So, once you have made up your mind to have a go at the BPO industry,

you must also be prepared to face the consequences. Unlike a software industry, it is very unlikely that you might be getting a good exposure in a BPO industry.

Friday, July 18, 2008

Offshore outsourcing

Offshore outsourcing to India is one of the most popular management practices today. Though it is generally spurred by the cost reduction factor, this is just one of the reasons one should consider offshore outsourcing. Most parties who outsource are unaware that Indian Service Providers do not just offer cost effective solutions, but also value addition by improving productivity and quality.
Offshore outsourcing has been popular for several years. Countries like India are popular offshore outsourcing locations which offer cost effective solutions. There is a wealth of articles and write ups about the cost advantages of offshore outsourcing with a majority claiming anywhere between 40-50% savings.
However, offshore outsourcing has come under attack recently. There is an outcry against outsourcing by parties in the US and UK because of the loss of jobs to people in these countries. Many have pointed out actual costs and poor quality of service as the hidden truths behind the attractive packaging.

Friday, July 11, 2008

Mobile Phones and BPO Employees

The youngsters are the prime targets of the mobile manufacturing companies. They know that youngsters tend to be get easily attracted to all the new features like music, imaging etc. Easy money for the youngsters has further helped in fueling the mobile proliferation. Nowadays, youngsters have got every good reason to work in a place like BPO sector and earn a good remuneration. With the BPO sector expanding at a lightning speed, jobs are just waiting for the youngsters. Smart jobs for smart people has become a driving force in popularizing the BPO bandwagon.

The BPO industry is a place to work in full freedom and enjoy like nowhere. Party bashes have become a everyday affair in the BPO industry. Youngsters working in BPO are traditionally fond of showing their fashion statement with newest of the new arrivals in the fashion market. Ipods were a big hit at one time. Now, it's the time for the multimedia phones like Nokia N-Series, LG U970 Shine etc. Walkman-Series phones from Sony Ericsson are also becoming extremely popular among the BPO workers.

As the BPO employees have to join and leave the office at erratic times, women security is of prime importance to BPOs. Mobile phones are also proving to be a great security thing for the employees, especially for the women. There are several online mobile phone shops which are offering value mobile phone offers on different handsets. Take your time and get the one that suits your needs as well as your pocket.

Thursday, July 3, 2008

BPO - Trends In India

The boom in the particularly the BPO sector, may well be over. The country has exhausted its skilled labor force, and new projects that are outsourced to India may not enjoy the same level of expert work force.We recently reported on a slowing down in the Indian BPO sector because of a shortfall in skilled workers. We also expressed concerns over other factors like rising costs and security threats in India, which may hamper outsourcing.

According to a government report, the demand for skilled labor is far outweighing the supply, and there may be a shortfall of 260,000 workers by the year 2009. This will also lead to many professionals switching jobs for career advancement, and in turn employees will be forced to attract professionals by offering them better pay packages. These factors will lead to escalation of costs, and India may well lose its edge as a low-cost destination India.

Quality, too, is likely to suffer as the top available talent has already been absorbed by the industry. As a result, service providers have no option but to recruit from a level below their optimum requirements. This makes high-quality in-house training a critical factor.

Wednesday, June 25, 2008

BPO Companies – What Are They

Some experts offer to divide all BPO companies into two main groups: back office BPO companies and front office BPO companies, depending on the nature of work and the necessity to be or not to be in contact with customers. Further, the BPO companies are divided into offshore outsourcing, nearshore outsourcing and onshore outsourcing businesses, depending on the country, where the outsourcer is situated.

Some of the most widely spread BPO companies are represented by call centers, data entry specialists, offshore bookkeepers, tax preparation specialists, accountants, email answering specialists, online customer support, image processing specialists, form processing specialists, hr help, translators, copywriters, transcription specialists, billing services , database marketers, telemarketers, web sales and marketing professionals, and many other specialists. This list is constantly expanding.

In most cases, BPO companies are located overseas. Despite the seeming inconvenience of hiring an overseas specialist, and not being able to fully control the work of such an employee, BPO companies remain one of the fastest growing industries in today’s so much globalized offshore IT market. What are the reasons for such a phenomenon? There are actually many of them, the most important of which is the reducing of production costs, while getting the work done by professional specialists. Sounds like a dream? Not any more. BPO companies are a logical consequence of the globalizing IT market.

Hiring a BPO company usually implies that several of your business risks are shared with the outsourcing firm, which purchases and installs the necessary equipment, software, manages the work force at its own costs. This allows the hiring companies plan long-term projects and set long-term goals, which are not exposed to high risks of failure.

Wednesday, June 18, 2008

BPO Outsourcing To India

BPO outsourcing to India an American firm can reduce their costs up to 40-50% percent in comparison with the sum of money they would have to pay to an American or European employee for a similar job. This gives an organization a great chance to stand out in front of their competitors. Thirdly, employees of BPO outsourcing companies are Indians, who strive for quality and carefully work with the customers' data ensuring a perfect accuracy level.

Next, in comparison with many developed European countries, Indian BPO outsourcing resources luxuriate in computer literate workers, who speak English as their first language. This makes them cost effective compared to other outsourcing countries.

BPO outsourcing call centers are frequently located in India as the country has one of the biggest telecommunications networks in Asia, which counts around 25 million telephone cables, and is constantly expanding. Numerous companies, private owners and government agencies have installed around 8500 VSATs throughout India, making it easier to gather all the necessary information.

A BPO outsourcing company in India can help you effectively run business 24 hours a day, as the time zone difference between the two countries provides a chance for Indian colleagues to go on with the business, when their American colleagues go to bed. Quick turnaround time is a clear privilege of many BPO outsourcing companies.

Sharing business risks is one more reason for hiring a BPO outsourcing staff in India. When you delegate some of your tasks to your Indian partners, you do not have to think about the staffing problems at the peak of vacations, about the management and education of employees, as well as the probable renovation of technologies and equipment, which you may never use in future due to the constant development of the IT sphere.

Friday, June 13, 2008

The 10 Most Powerful Words in Outsourcing

The 10 concepts that, when fully understood, allow for a solid and beneficial relationship with an outsource provider are:
  • Facility Management
  • Outsourcing
  • Out-tasking
  • Downsizing
  • Rightsizing
  • Core business
  • One-stop shopping
  • Value added
  • Process re-engineering
  • Internal Customers
In summary, the outsourcing/out-tasking industry will continue to experience rapid growth in the 1990s. Although the terminology has, and will continue to, change, the end result will stay the same - quality service to the facility management industry. Today, the facility manager still can deliver higher levels of service with reduced operating expense and still maintain the necessary control over office service functions. This can be achieved by the proper selection of an outsource or out-task provider that will become a true partner with the facility manager....