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This project examines the evolving role of outsourcing influenced by the Internet and Digital Management Information Systems (MIS). It explores the definition and types of outsourcing, including offshore, onshore, and onsite options. The paper discusses how firms leverage technology for greater productivity, reduction of long-term liabilities, and access to global experts. Additionally, it suggests methods to mitigate outsourcing trends, such as establishing trade barriers and pricing equilibrium. Insights from industry expert Eugene Tawiah highlight the future landscape of business outsourcing.
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Project #26 Roger Adjovu Dr. Oscar Sistrunk 10/20/2004 radjovu@hotmail.com MWF : 1:00pm – 1:50pm
Table of Content • Cover Page • Description and types of outsourcing • History of the Internet and Digital MIS in Outsourcing. • How the Internet and Digital MIS creates more outsourcing for companies. • How are firm using outsourcing to become more productive. • What can be done to slow down outsourcing.
Description of Outsourcing • Outsourcing – Transfer of ownership of a business process to a supplier. • Buyer simply determines the scope of services expected from supplier. • Supplier Accomplishes tasks under its own strategy
Types of Outsourcing • Offshore Outsourcing • Onshore Outsourcing • Onsite Outsourcing
How the Internet and Digital MIS Creates More Outsourcing for Companies. • Transmission of information at very little cost • Gain access to experts outside, technology and economies of scale. • It is more flexible in the short and long-term. • Different ways to provide resources and utilize resources.
History of the internet/Digital MIS in businesses • Horizontal structure – Reid • Security and reliability of the internet
How firms are using outsourcing to become more productive • Effective and Efficient management of operations. • Minimizing long-term liabilities such as cheap labor cost • Quality improvement through access to the best and talented.
What can be done to slow down Outsourcing • Create pricing equilibrium by urging other countries to raise the value of their currencies • Create Trade Barriers • Trim underlying costs of business • Collaboration of companies to eradicate redundancies.
Future of MIS/Internet in Businesses(Interview with Eugene Tawiah- Goldman Sachs) • In future the internet will increase consolidation, more alliances and more joint ventures • MIS/Internet will make possible different ways to provide and utilize resources.
Conclusion • The issue of outsourcing • Future of Outsourcing of businesses
Bibliography • http://www.businesslink.gov.uk • http://www.outsourcing-journal.com/jan2000-hewitt.html • http://www.signonsandiego.com/uniontrib/20040314/news_1b14trade.html • http://www.expresshealthcaremgmt.com/hospiupdate/hospi3.shtml • http://www.outsourcing-faq.com/1.html • http://www.rttsweb.com/services/outsourcing/index.cfm
End Notes • Description of outsourcing http://www.outsourcing-faq.com/1.html • Types of outsourcing http://www.rttsweb.com/services/outsourcing/index.cfm • How are firms using outsourcing to become more productive http://www.expresshealthcaremgmt.com/hospiupdate/hospi3.shtml • What can be done to slow it down? http://www.signonsandiego.com/uniontrib/20040314/news_1b14trade.html Opportunities of internet/MIS digital in outsourcing http://www.businesslink.gov.uk/bdotg/action/layer?topicId=1073921035 Future of the internet http://www.outsourcing-journal.com/jan2000-hewitt.html History of Internet/Digital MIS in business outsourcing http://www.rttsweb.com/services/outsourcing/info_center.cfm