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on other business issues while having the details taken care of by outside experts. This means that a large amount of resources and attention, which might fall on the shoulders of management professionals, can be used for more important, broader issues within the company.

Specializing in what they do best is a great benefit of outsourcing. Any smart business will hire independent consultants or outsource critical functions within their business.

Business owners cannot do everything all at once and becomes very ineffective, which is why outsourcing can be a huge advantage to them. Outsourcing can allow business owners the freedom to focus on what they need to in order to keep their business running smoothly. This is extremely important in large manufacturing plants who want to increase the quality of their products.

Outsourcing allows you to hire the right person for the right job and may give you some new ideas into your business as it presents an unbiased perspective.

Every manufacturing business is looking to decrease their costs which is exactly what outsourcing can do for you. When you hire only what you need, you pay for only what you need.

Outsourcing can also give you a small advantage when trying to win customers, and other project bids. If you have 'specialist' within your company that can increase quality and cost who wouldn't want to have you on their team.

CONS:

Upsetting employees may be one of the major disadvantages to outsourcing. Sometimes employees feel less important and the quality of work can suffer.

You could lose money on your outsourcing investment. Every business investment has some risk and there is no guarantee that outsourcing is going to produce the quality you want, and could end up costing more money because of labour.

Business employees to some degree or another are fairly loyal to a company, but when you outsource you run the risk of having less control over what happens and less loyalty from those you have hired. The desire to 'get the job done' may be lower than what you wish it to be, and the job might take a lot longer than planned, costing you more money.

Although some may argue that outsourcing can give you an edge over other companies, others might argue that it takes away your competitive edge.

Often times with outsourcing there are conflicts of interest and issues with confidentiality. It is always a good idea to have confidentiality agreements to steer clear of this problem.

泰坦公司 TITAN

For any ambitious company this would have been achievement enough. But Titan in the last decade has gone on to become the number one player in jewellery also, with a 40 per cent share of the branded jewellery market. Scoring a double first would have been exceptional by the standards of even exceptional companies, but this has not been enough for Titan. It has in the last four years successively entered the sunglasses and prescription glasses market and has become the first in the former and the second in the latter.

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