Multisourcing: We are the second - we try harder!

[Magdalena Szarafin]

"Don't put all your eggs in the same basket" - this rule, known from investing, also holds true for outsourcing. Therefore multisourcing defined as outsourcing of processes or sub-processes to two or more parties is a good strategy allowing to avoid risks connected with dependence on one party or one geographical region.

The global outsourcing market definitely belongs to the three ones: India, China and Malaysia, being the top outsourcing destinations. And just India together with Philippines which is well-known as a country specialized in call-center serviced control about 50 per cent of the global outsourcing market? What about the second half?

The countries having the second half of the global outsourcing market tend to establish and/or strengthen their position on it, behaving by the motto: We are the second (third, fourth...) - we try harder!

In my latest article dealing with multisourcing I have presented the global outsourcing alternatives, as: the above mentioned four top destinations, the region of Central and Eastern Europe, East Africa and Latin America.

Read more: We Are the Second, Third, Fourth - We Try Harder!

Magdalena Szarafin
http://www.szarafin.info

[shubh]

A strategy that treats a given function -- such as IT -- as a portfolio of activities, some of which should be outsourced and others of which should be performed by internal staff. This approach moves away from the idea that all of a function should be viewed as a commodity, easily handed over to a service provider. Also known as "selective sourcing."

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