Entry to India – Captive set-up
- August 16, 2016
- Posted by: admin
Outsourcing in India is one of the most popular management decisions today. Although it is generally supported by the cost reduction factor, this is just one of the reasons companies outsource to India.
In today’s world a company must outsource to stay competitive. Leading companies worldwide acknowledge that to stay ahead, they need to reduce costs, provide the best quality, use the latest high-tech skills, as well as be reliable and creative.
TCB helps you in below areas:
– Identifying the right area to begin with: There is no simple way of describing the right blend of project size, offshore country, complexity of operations, outsource or captive—the answer is a function of the inputs from each company and depends on its particular appetite for risk and potential savings. This analysis is the hidden cost of outsourcing because its cost is often missing from the business plan.
– Setup SLA for effective monitoring: There is a tendency to set up a bulletproof SLA where you nail the vendor to the floor with penalties for missed delivery. You need to be aware of some issues while deciding the Metrics and KPIs (key performance indicators) once a project moves offshore to India. When you are seated in your country and the development work is taking place in India, creating some form of tracking structure on a project is essential. You can no longer walk down the hall to kick the tires and see how the team is doing.