Last Friday we spoke about the pros of outsourcing your business projects and how e-sourcing could benefit those options. From our previous outsourcing blog, step 1 dealt mainly with the idea that you could save cost via outsourcing your projects to outside companies, individuals or even over seas. While cost is the main factor that determines Return on Investment, there are also other factors that are not quantitative that can increase your outcome. One of those factors via utilizing an e-sourcing tool to outsource is the Time Zone Factor and Holiday Schedule.
2). Time Zone Factor & Holiday Schedule
Businesses in 2014 are looking to optimize their time as much as possible. Working while you are sleeping is something that cannot be overlooked as every client you service needs the possibility of around the clock help. If you are working within the United States on the Atlantic Coast line and outsource your projects to the Pacific Coast line or even Hawaii, you are looking at an additional 3-5 hours once you work day is completed that some work will still be getting worked on. Of course, if you also use an outsource company that is international, you are more than likely looking at the opportunity of your company being a 24 hour a day operation. On top of the time zone factor, you could also be working with an employee that does not recognize our American holidays, meaning that they could be working on Christmas, Easter, 4th of July or other holidays that are a necessity to take off.
When looking to touch the most amount of individuals for the best process to outsource, you will need to utilize an e-sourcing tool. Once again ProRFX has the ideal solution for your bidding management software needs that will make your life that much simpler. The more that you find out about your potential outsourced companies, the higher the ROI will be on your project. Using an e-sourcing tool will give you the upper hand on who you should choose and who to begin the relationship with. Business is built on relationships, and the more that you know about the company you will be working with, the better. We obviously want to know exactly what they have to offer, how much it will cost and the turn around time. These are all simplistic questions that will be answered via ProRFX e-sourcing tool in order to make your RFX easier.
Looking for some more information on what to expect from ProRFX e-sourcing tool? Check out our recent blog right here and see just what we have to offer in the world of RFX.
Come back next week for another blog on why outsourcing is the way to go when you are looking to work on projects for your company.