Top 5 outsourcing tips

from Contract-Biotechnology.com

 


Written by Contract-Biotechnology.com 

 

Outsourcing is one of the most difficult and complex decisions for any professional involved in R&D. There are so many different aspects of an R&D project that can be outsourced and so many locations and partners to choose from.  So, it’s important to do your research and think decisions through from a variety of angles. Researchers and R&D project managers have a lot of things to say to Business developments of their organizations about what part of the project should be outsource.

 


I know that business is business and that there are organizations that have already stablish an internal service provider database to cover this issue, but what happen when an R&D project manager says:

 


"If we do this new experiment would add value to our project but we cannot do it because of a lack of expertise/time"

 


To help you do that, here are 5 key pieces of advice to approach your research, weigh your options, and make the best outsourcing decisions.

 

 

1- Do your analysis to see if outsourcing makes sense for you?

 

The decision to outsource or not must be made after a complete analysis of the existing and proposed alternate supply chains.

 


At Outsourcing Insights  you will find guides that would help you in "How to choose a CRO"

 

 

2- Decided to outsource?

 

Don’t just assume it will be to China. The money is important but also the quality and communication between all parts involved in the R&D project are very important. There are other countries where you can find the best service provider with the best price and the best quality.

 

 

Use the search tool at www.contract-biotechnology.com to find and discover the best service provider.

 

 

3- Outsourcing employment can make sense for small companies or testing new markets.

 

Employment outsourcing is most commonly used for engaging smaller headcounts, testing market viability, contingent labor, or as an interim solution when speed to market is required. Outsourcing the employment to a third party company has become an increasingly popular option, not only for businesses, but for non-profits and universities as well. One type of outsourcing employee is FTE (full time employee)


 

4- Are the benefits of outsourcing distribution worth the distance from your customers?

 

Outsourcing marketing, sales, and often support functions to a distributor or agent demands significant investment on their part. Few will invest unless they have exclusivity, which is usually awarded countrywide. In contrast, having a foreign affiliate allows surgical precision in assigning exclusivity to multiple agents and distributors for specific sectors, regions and products.

 

 

5- If a company can find

 

A third party which can provide cheaper labour, less regulation and fewer taxes, but also treats its workers fairly and provides them with a safe working environment and better quality of life, as many do, it can be an excellent option. In an increasingly globalized world, opportunities for outsourcing will surely increase. The extent to which these opportunities will be taken advantage of is yet to be determined. Each company must make outsourcing decisions based on its own internal priorities, as much as external factors.

 

 

 

Which of these tips do you find most useful? Have any of your own to contribute? 

Please leave your comments about this article at info@contract-biotechnology.com

 

 

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