PracticeConsultingOffshore outsourcing sees continued rise

Offshore outsourcing sees continued rise

More than 80% of large companies plan to increase offshore outsourcing operations survey finds

Boom times in offshore outsourcing are set to continue with over
three-quarters of large companies increasing their activities, according to
research by sourcing advisory company TPI.

The study, based on a survey of 100 senior UK executives responsible for
outsourcing within large companies, revealed that 81% planned to increase
offshore outsourcing over the next two to three years, while only 4% expected to
see operations dip.

Duncan Aitchison, managing director of TPI said: ‘Our survey results clearly
indicate that there is very little disillusionment with offshore outsourcing.
However, there is a general shift towards more sophisticated sourcing strategies
as the global sourcing market comes of age.

The research also showed that many companies, while intending to grow
offshore operations, were readjusting activities they base offshore. It said
that businesses were increasingly taking a global view of sourcing, separating
processes out and deciding whether each one would be best based offshore,
nearshore or onshore.

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer