Reply #14: "global sourcing," "offshoring" [View All]

[TexasLawyer]

Who knew it was this great!?!

http://www.businessweek.com/magazine/content/06_05/b3969401.htm
JANUARY 30, 2006

SPECIAL REPORT -- OUTSOURCING

The Future Of Outsourcing
How it's transforming whole industries and changing the way we work
<TL-- Or the way we DON'T work!>

<snip>

The changes can be harsh and deep. But a more enlightened, strategic view of global sourcing is starting to emerge as managers get a better fix on its potential. The new buzzword is "transformational outsourcing." Many executives are discovering offshoring is really about corporate growth, making better use of skilled U.S. staff, and even job creation in the U.S., not just cheap wages abroad.

True, the labor savings from global sourcing can still be substantial. But it's peanuts compared to the enormous gains in efficiency, productivity, quality, and revenues that can be achieved by fully leveraging offshore talent.

<snip>