Indovance specializes in providing scalable staffing on an as-needed basis. Corporations all over the world have relied on our expertise to deliver critical project components on time and within budget. Keep reading to find out how we can give you an unfair advantage over your competition.
If there’s one constant in business, it’s that everything is always changing. Companies must constantly keep up with new technology, regulations, best practices, and fluctuating demand. Up until now, CEOs have had only two choices: hire a third party to handle some aspect of production or logistics (outsourcing model), or spend capital to expand locations and recruit and train a talent pool (captive model).
The outsourcing model can be set up quickly with little initial investment, but the trade-off is a lack of direct control, poor process visibility, and the risk that the outsourced company won’t share your corporate culture. The captive model retains your culture and gives you complete oversight, but is a long and expensive undertaking that can leave you with unprofitable assets if demand suddenly drops.
At Indovance, we combined the best of both worlds to create a third option. We call it - The Virtual Office Model. (Just imagine some sort of triumphant fanfare here.)
We’ve identified twelve important areas of comparison among the three available business models.
Take a look at the following chart to see why The Virtual Office Model is your best choice!
|Differentiator||Traditional Outsourcing Model||Traditional Captive Model||Indovance Virtual Office Model|
|Infrastructure||Customer does not own facility||100% Customer owned facility||Customer does not own facility|
|Capital Investment||No initial investment||High investment, all insured by customer||Low capital investment, bigger flexibility throughout the process.|
|Risk level||Shared risks, outcomes under agreement||All risks are undertaken by customer||Shared risks|
|Implementation speed||Quick implementation 0 - 2 months||Long implementation 6 – 12 months||Quick implementation 1 - 3 months|
|Management Focus||Free up time and resources to focus on strategy and business issues||Economies of scale at low-cost location with full ownership and control||Economies of scale at low-cost location with no ownership and partial control|
|Leverage factor||Multi-user environment, best practice process model||Customer environment||Simulated customer environment|
|Flexibility||Flexible pricing models, ability to reduce/ increase operation size||Less flexibility||Quick adaption to changed business requirements|
|Cost management||Reduce cost||Control cost||Control cost|
|Control||Very little control||Total control||Total operational control but no financial control|
|Culture, Values, Strategy||Outsourced partner's||Same as the parent company||Same as the parent company|
|Self - sufficiency||Only operational unit||Entire unit – Operations plus all support functions||Entire unit – Operations plus all support functions|
|IP and Data Security||Moderate||High||High|
In a nutshell, Indovance has the expert staff, facilities, and infrastructure, and we make them available to you. When you hire a team from us, you get a dedicated talent pool which mirrors your business hours, methodology, and corporate culture. You get real-time communication, direct oversight, and deliverables built to your specifications. It’s plug-and-play taken to the next level.
Here are a few details to whet your appetite:
1051 Pemberton Hill Road,
Suite 101, Apex, NC 27502, USA
4th Floor, Navale Prestige,
Narhe, Pune 411 041,