Tag Archives: outsourcing

Going Global Cheaper: Ways to Reduce Cost Abroad

It’s safe to say that growing your business takes more than time and passion; it also requires a sizeable amount of capital to get it going. This can get pretty expensive, especially if you’re planning to move into a new country. Thankfully, advances in technology and the Internet have made it easier than ever to save a few bucks here or ...

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Succeeding with Outsourcing? Time to Reinvest for Success!

With a hypersensitivity towards profit margins, too often companies justify outsourced manufacturing with lower costs and better-looking accounting numbers. But this cost-cutting craze is at odds with many apparel companies' long-term focus on being or becoming market leaders. While efficiency is important and outsourcing can help to reduce manufacturing costs, these companies can't cut their way to creating the next design trend. Instead...

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Insider's View on Microwork and a Sample Output

As readers of this blog know, I am always interested in exploring different forms of open innovation, collaboration, and outsourcing. Personally, I have used a number of sites including 99designs.com and elance.com. I have used these for the development of logos, graphics, websites, and research. In most cases I would pay several hundred dollars for the work. An interesting trend ...

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Outsourcing Innovation

Over the last 20 years or so, as global barriers fell and telecommunications and information infrastructure increased, it has become easier and cheaper to outsource some functions. In the US this started with NAFTA for manufacturing and then moved to Taiwan and to mainland China. For services it started in the nineties as many firms moved high overhead operations like ...

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Crowdsourcing Moves Beyond Open Innovation

Point: Crowdsourcing is maturing beyond its amateur-content and open innovation origins toward core business processes. Story: In the beginning, companies used crowdsourcing as part of their open innovation efforts to get new ideas from lead users, customers, and the world at large. But now, entrepreneurial companies such as Trada and CloudCrowd are moving beyond one-off design efforts and contests (e.g., ...

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