Steps to Success in Offshore Outsourcing,Ten Successful Steps in Offshore Outsourcing

Offshore Outsourcing - Ten Steps to Success

Here are a few must-follow steps when you go for offshore outsourcing. These steps are very useful in selecting a suitable vendor and planning out the entire process.

• The first step is to study your own business case . Study all your requirements of the project at hand. Prepare a list of documents you will need for carrying out the negotiations.
• Be clear about what technologies you will need to use. Make a list of these too. If you don't have a good idea, get someone (preferably within your country/ region) to study the requirements for you and document this.
• Once you have studied the requirements and prepared the documents, identify the country that suits your requirements and then look for the company . You can use an internet search for this first phase of your search.
• Next, visit the websites of companies that seem to suit your needs. This helps to find information like how long the company has been in overseas outsourcing, their strengths and weak spots, industry reviews and areas of experience and expertise. You can shortlist a few companies based on this information.
• Now it is time to contact the companies . Send the companies a general enquiry about your requirements. Use the feedback form in the company's website for this.
• The first stages of contact should be used to learn more about the company. Ask about the company's experience in similar projects as yours as well as their pricing, policies and project strategies.
• Do not disclose details of your project unless you find the company suitable to your needs. Be sure to sign the mutual Non Disclosure Agreement (NDA) before disclosing vital information.
• It is also important to clarify the jurisdiction that applies to both parties.
• Now prepare a full fledged project statement in consultation with the vendor company.
• The work agreement document is a fundamental part of the deal. Involve your lawyer and perhaps consultants in preparing the draft. Get it cleared by the vendor before you arrive at the final version of the agreement. Try to visit the company personally during the negotiations. This helps in many ways, like understanding the company's work culture besides enabling more effective discussions.

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