Contracts and Procurement
PROJ 410 Week 5 DQ 1 Human Resource Transitioning
As your textbook indicated, business process outsourcing has become an emerging trend in most small and large size corporations. Â This has been particularly true during the last year and a half, as many companies have turned to outsourcing in order to reduce overhead costs during these recessionary times. Â Identify some companies that you have been personally associated with, or companies you have read about that have gone through the outsourcing process for some of its business operations. Â How did affected employees react to the outsource process?
PROJ 410 Week 5 DQ 2 Globalization and Procurement
For most industries, globalization is arguably one of the more common business trends of the last decade. Â As your text indicates, there are several considerations that must be evaluated from a contracting standpoint relative to multi-nation operations and contracting agreements. Â Let’s take the various contracting considerations presented in your text (and outlined in this week’s slides), and lets discuss how they can affect U.S.-based firms seeking a BPO or subcontracting agreement with a foreign company on a region by region basis, including: Canada, Europe, Asia, South/Central America, Canada, and Mexico. Â Based on your understanding and/or experiences in these other regions of the world, what do you think are contracting considerations that should be considered and addressed in the BPO contract?