Outsourcing - Traditional Way
In this model the entire business process is moved offshore in
order to leverage the expertise and cost benefits offered by the outsourcing
partner. This model fits very well for routine, non-core business process. The
client takes complete responsibility for carrying out the business process. The
vendor does not directly manages the process but ensures quality measurements
on process outcome and provides the facility with people.
Co-Managed
This model works in the same way as Traditional Outsourcing with
few changes in the working pattern. The Subject Matter Expert (SME) from the
client is located at the offshore center. This model provides extra confidence
to the client as their SME sits and drives the project while the vendor
facilitates the successful execution of the project.
Joint Venture
The Joint Venture Model brings the client and the vendor in
equal terms as they invest in the infrastructure and in people. The vendor
brings the local expertise and service skills while the client
brings their knowledge of the existing business function while maintaining
greater management control.
Build, Operate & Transfer
This model needs tremendous amount of knowledge in the areas of
Business understanding, process criticality, Quality, timeliness, guidelines as
we need to Build the process and make it a successful operational procedure
according to the clients requirement and train the client in the same areas and
make them self sufficient to take up the assignments on their own.
Captive Center
In this model the client owns a part of the infrastructure with
people and process to perform a certain amount of work. This capacity is kept
in place, regardless of the workload. When the option is employed, the captive
center does not have to adjust staffing to meet workload demands - thus
avoiding the expenses associated with constant staffing readjustments.