A global financial-services company employed such an approach in picking an offshore vendor to perform its back-office finance and accounting processes.
"If an Indian offshore vendor chooses locations, it is an endorsement of the country for cheap, talented manpower," Aggarwal says.
And Fiorina had combined HP's mission-critical tech operation with a global operations group that oversaw $50 billion in spending on everything from ballpoint pens and office furniture to offshore vendor contracts and LCD panels for new notebook computers; Hurd split them.
As a result, outsourcing deals that, at one time, would have been handed off to a major vendor such as IBM or Accenture are now finding their way to a range of providers including some of the main offshore vendors such as Wipro, TCS and Infosys, which were all started in India.
The Offshore Outsourcing vendor must regularly consult the outsourcer regarding issues related to the project.
A correspondence clause must be included in the contract, making for the outsourcer to visit the Offshore Outsourcing vendors place every now and then, to monitor the progress of work.
There are capability sourcing models and offshore locations and vendor options today that didn't exist five or 10 years ago, providing the chance to catch up faster.
Holding weekly conference call between the Client Project Managers and the vendor offshore team to review the progress and clarify doubts, if any.
Since most routine tasks have already been sent offshore, low-cost vendors are now trying to win higher-value work, such as managing human resources and complex, multi-faceted projects.
Combined, it's an all-in-one solution which includes a variety of business needs, like handset validation, offshore testing, multi-vendor collaboration, stress testing, roaming testing, service monitoring, performance benchmarking, and more.
And so it is that the vendor of these offshore diplomas is worth something.
