Beyond Labor Arbitrage
Achieving Operational Excellence Through Business Process Outsourcing
Take It With You
The advantages to be gained by leveraging the “operational excellence” of partners – including better business outcomes and results, process innovation, efficiency, standardization, improved quality, data privacy, security, continuity, and compliance – can be as important as the traditional outsourcing benefits of lower labor costs and asset transfer.
This paper examines the opportunities for leveraging a BPO partner’s operational excellence for improving business outcomes. It examines the potential impact of the BPO provider’s operational practices on delivery, cost, quality, risk, compliance, agility and ongoing optimization. Finally, it describes the need for an integrated, end-to-end, multidisciplinary and life cycle approach to operational excellence – as well as the importance of both innovative and industry-standard methodologies, documentation, tools and infrastructure when selecting a strategic partner.