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Started By
Message
Since the markets are closed for the day, can we discuss outsourcing?
Posted on 11/28/14 at 12:49 pm
Posted on 11/28/14 at 12:49 pm
I'd rather not get into the specifics, but I believe I have found a way to save the small company I work for a substantial amount of money. Probably in excess of $500,000 - $750,000 per year.
The process would involve me going to country known for outsourcing (would rather not say at this time) and basically get everything up and going.
The catch is, I know he will be hesitant. I want to put together a presentation that shows him all the benefits. I'm so confident I can make this work I would be willing to take all the financial risk if he would be willing to compensate if I am successful.
Any words of wisdom? What kind of things would you want to hear if you were him? I've never put anything like this together so I'm not sure where to start.
Thanks.
The process would involve me going to country known for outsourcing (would rather not say at this time) and basically get everything up and going.
The catch is, I know he will be hesitant. I want to put together a presentation that shows him all the benefits. I'm so confident I can make this work I would be willing to take all the financial risk if he would be willing to compensate if I am successful.
Any words of wisdom? What kind of things would you want to hear if you were him? I've never put anything like this together so I'm not sure where to start.
Thanks.
5
Posted on 11/28/14 at 3:26 pm to I Love Bama
Present the financials and a similar case study. That should influence the decision where you want it to go.
Posted on 11/28/14 at 4:20 pm to I Love Bama
Find similar situations that were successful and present those. Find more than one if you can.
Present long term and short term goals and benefits.
Present the financials.
Show an ability to figure out a way to adapt if it isn't all peaches and cream right off the bat.
Find the hypothetical worst case scenario, and figure out a way out to survive it.
If you can do that, you've done your part in regards to putting it on the table.
Present long term and short term goals and benefits.
Present the financials.
Show an ability to figure out a way to adapt if it isn't all peaches and cream right off the bat.
Find the hypothetical worst case scenario, and figure out a way out to survive it.
If you can do that, you've done your part in regards to putting it on the table.
Posted on 11/28/14 at 5:28 pm to prostyleoffensetime
Good stuff. Thanks guys
Posted on 11/28/14 at 7:32 pm to I Love Bama
Goa is nice. Build a couple days there into your trip.
Posted on 11/28/14 at 7:35 pm to I Love Bama
I'd say don't present the worst case scenario. Just be prepared to answer his uncertainties. 
Posted on 11/28/14 at 8:50 pm to I Love Bama
A friends company did some outsourcing of basic back end administrative tasks to an former eastern block country. Everything has not been a smooth transition, and is still not in great working order from what I hear.
When they came over to learn the jobs of the people they were replacing I was recruited to help take them out.
All of the employees have equivalent education as the people they replaced.
When they came over to learn the jobs of the people they were replacing I was recruited to help take them out.
All of the employees have equivalent education as the people they replaced.
Posted on 11/29/14 at 6:57 am to I Love Bama
Why not start your own company, outsource, sell to your soon to be previous employer (as well as competitors) and PROFIT.
No need for employer to know any details. Source the product, get commitments from suppliers (get more than one lined up to CYA), work out all details, then tell employer you'd like to resign and become a supplier. Show him you'll save him 250k/year (you keep 500k). Have backup plan worked out if they fire you to supply competitors.
Seriously. You know you industry. It's EASY to outsource if you have a ready-made market, which you do.
Suppliers will provide financing if your plan is well done.
You're obviously an entrepreneur at heart. Go for it.
Worst case is it fails and you live off of UGAZ and rentals
No need for employer to know any details. Source the product, get commitments from suppliers (get more than one lined up to CYA), work out all details, then tell employer you'd like to resign and become a supplier. Show him you'll save him 250k/year (you keep 500k). Have backup plan worked out if they fire you to supply competitors.
Seriously. You know you industry. It's EASY to outsource if you have a ready-made market, which you do.
Suppliers will provide financing if your plan is well done.
You're obviously an entrepreneur at heart. Go for it.
Worst case is it fails and you live off of UGAZ and rentals
Posted on 11/29/14 at 7:37 am to Ole War Skule
Some of it would also depend upon they type of company/boss you work for.
I'll use myself as an example, I am a small business owner and have a staff of 16. I have been offered to outsource, but that would mean letting go of what I feel are good employees. That is something I am not willing to do at this time and would avoid outsourcing. In bigger companies $ mean more than staff loyalty and it may be different. Just something to think about...
I'll use myself as an example, I am a small business owner and have a staff of 16. I have been offered to outsource, but that would mean letting go of what I feel are good employees. That is something I am not willing to do at this time and would avoid outsourcing. In bigger companies $ mean more than staff loyalty and it may be different. Just something to think about...
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