|

4 Tips for Picking the Right Outsourcing Partner

View comments: newest first | oldest first | threaded
Page 1 of 2   Next >   Last >>
Mr. Roques
User Rank
Supply Network Guru
Re: Outsourcing partner & customer mindset
Mr. Roques   7/18/2011 4:26:45 PM
NO RATINGS

I know of a case that one supplier worked with rival companies and to create a a good working relationship between the supplier and each company, they created two divisions, one for each. They were in two different floors, each project is handled by completely different people, etc.

Added costs, but assured them a trusting relationship.

Mr. Roques
User Rank
Supply Network Guru
Re: Outsourcing partner & customer mindset
Mr. Roques   7/18/2011 4:21:38 PM
NO RATINGS

There's huge potential for SW/IT developments in latinamerica. I don't know why this industry hasn't caught up with the industry. It makes perfect sense.

Anna young
User Rank
Blogger
Right outsourcing
Anna young   6/19/2011 1:22:44 AM
NO RATINGS

Prasad,you have broken down in a nutshell 4 good points  for selecting the right outsourcing partner.

Your outline eliminate any formed concern over R&D third party service providers, and emphasis on a clear parnership and team work - provided the right safeguards in the selection processes are followed.

Thanks for the tips

stochastic excursion
User Rank
Stock Keeper
Re: Outsourcing partner & customer mindset
stochastic excursion   6/16/2011 3:14:03 PM
NO RATINGS

In addition to audit records the outsourced provider should have good references that can vouch for its track record in both project management and execution.  This should include how well stakeholders were engaged and the process refined as a result.

mfbertozzi
User Rank
Supply Network Guru
Re: Outsourcing partner & customer mindset
mfbertozzi   6/16/2011 10:20:36 AM
NO RATINGS

Thanks Prasad, I am convinced track you have outlined is really important, assuming for example meetings on regular meeting act for mutual mindset exchange and speed-up relationship between customer & outsourcing provider in order to achieve targets agreed as common goal.

Prasad Bhatt
User Rank
Blogger
Re: Outsourcing partner & customer mindset
Prasad Bhatt   6/16/2011 2:00:02 AM
NO RATINGS

@ Mr. Roques: The above guidelines are valid for existing and new suppliers/partners. It is always good to re-validate existing suppliers and make changes to address any deficiencies.

Prasad Bhatt
User Rank
Blogger
Re: Outsourcing partner & customer mindset
Prasad Bhatt   6/16/2011 1:58:56 AM
NO RATINGS

@ mfbertozzi:  I do agree even if all aspects are okay from the partner side, there is a need for key stakeholders in company to be convinced about the partner’s value add. Continuous communication needs to go out to the internal team and any apprehensions regarding the partner’s value add need to be communicated, evaluated and addressed upfront. Additionally, there is a need to have governance meetings with the partner on regular basis so that there is transparency and good visibility into the program's health status. This will help overcome any doubts on the ability of the partner to achieve the end goal.

Prasad Bhatt
User Rank
Blogger
Re: Re : 4 Tips for Picking the Right Outsourcing Partner
Prasad Bhatt   6/16/2011 1:50:32 AM
NO RATINGS

@Tirlapur: A trustworthy vendor with fool proof credentials is absolutely essential for a company planning to outsource part of its core IP. To protect its IP, the company needs to execute Confidential Non-Disclosure Agreements (NDAs) and  Intellectual Property Rights with the service provider and their key project architects and leads. Also, ensure the service provider has a mechanism to get audited by a company and/or an external audit agency.

saranyatil
User Rank
Supply Network Guru
Re: Outsourcing partner & customer mindset
saranyatil   6/15/2011 7:35:53 AM
NO RATINGS

All the points are to be noted while outsourcing is done. I feel IP should be given the highest importance if we are choosing a new third party R&D company if we have not previously worked with. Today even if the details of the smallest of the smallest part is not kept confidential, It will take the product for a toss.

mfbertozzi
User Rank
Supply Network Guru
Re: Outsourcing partner & customer mindset
mfbertozzi   6/15/2011 6:16:34 AM
NO RATINGS

In my opinion, it seems a guideline for existing customers and new ones in the future. With regard to suppliers, market experience says for sw developing/testing, India region achieved great outstanding, as well as Chinese regions in manufacturing. Strong changes have happened a few years ago, for example Eastern Europe is taking a leadership in sw/IT activities thanks to strong knowledge and cheap costs of labour.

Page 1 of 2   Next >   Last >>


More Blogs from Prasad Bhatt
A local engineering R&D partner can help a global company create new sales opportunities by offering input on a distinct regional market.
Electronic equipment makers are turning to concept-to-product outsourcing to further reduce cost and accelerate time-to-market.
Twitter Feed
EBN Online Twitter Feed
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 01/15: CPOs Re-Shape Their Business Roles
Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
Live Chat 11/12: Examining the Cyberthreat to Supply Chains
The number of cyberattacks is on the rise and hackers are targeting the supply chain. Drew Smith, founder and CEO of InfoArmor, will be on hand to discuss the reality of today's threat landscape and what to do about it.