THE COUNTRY’S outsourcing industry believes it will earn 42.8% more this year at $7 billion from $4.9 billion last year, even amid a “strong” peso, as US firms outsource services in order to cut costs. Commenting on experts’ presentations in a forum yesterday, entitled, “Peso Strength and US Economic Woes: What do they mean for [...]
Fri, February 19 2010 » Outsourcing Business Trends » No Comments
SMEs urged to outsource Given cutthroat competition in the global and domestic markets, the country’s small and medium enterprises (SMEs) should out-source part of their work as this would not only reduce costs but more importantly help them meet client demands, industry experts said yesterday. The outsourcing options for SMEs are countless, said Myrna C. [...]
Fri, February 19 2010 » Employment Trends, Outsourcing Business Trends » No Comments
Business process outsourcing company (BPO) Stream Global Services said it would expand operations this year by hiring 5,000 more employees. Stream Global Chief Executive Officer Scott Murray told reporters the company is aiming to be the second largest BPO employer in the Philippines in three to five years. “We are going to hire 1,500 new [...]
Fri, February 19 2010 » Outsourcing Business Trends » No Comments
Local shipping firms are expanding their boundary to the new growing business of third-party logistics (TPL), a one-stop service of outsourced logistics in companies’ supply chain management. Adding to Korea Express and Hanjin Shipping, which are already gaining most of their sales from the outsourcing services, several others are gearing up to join the trend. [...]
Fri, February 19 2010 » Outsourcing Business Trends » No Comments
I have been impressed with the demand for companies wanting to outsource. I think the healthy economy and low unemployment rate has truly contributed to the need for outsourcing. Employers are having a hard time finding skilled local talent and are having to go out-of-state or out-of-country. The recruiting processes takes time and costs money. [...]
Fri, February 19 2010 » Outsourcing Business Trends » No Comments
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