Why China Is Attracting New Investors
Today many small to midsize companies are seeing the advantages of “going global” for product or labor. More and more they are seeing this is essential to keep stride with the larger multi national corporations. Up until recently the logistical aspects alone were enough to keep these small to mid sized companies out of the international outsourcing arena.
Traditionally to take advantages of the cheap labor or product available in the devolving nations like China and India companies were either required to establish physical locations in these countries or commit to high volume, long-term contracts.
Recently, small to mid sized companies have found an alternative that has enabled them to take advantage of the cost savings opportunities that come with outsourcing. New companies have begun to pop up, primarily in Asia that specialize in providing outsourcing services for SME’s (Small to Medium Size Enterprises). These companies are often run by expatriates, often from western countries, who work as a bridge between the SME’s and the inexpensive labor and product that they is available in these developing countries. Many of these outsourcing companies who specifically target SME’s don’t provide the labor or manufactured goods to the western companies but only work as the connecting point and communication hub between the two companies.
Smith Monitoring Inc. is a medium sized regional company based in Texas and is one such SME that has recently been able take advantage of these outsourcing bridging companies to help stay more competitive within the security industry. In 2009 they began using Chinese programmer for small graphic and web projects and after having good success have also began outsourcing many of its IT needs as well.
Smith currently boasts an over 50% reduction in costs for all services that they have had outsourced to China and because they have used an outsourcing bridging company that specializes in working with SME in western countries they have had no issues with quality or communication.
To get more information on Home Security Alarm Systems, please visit www.smithmonitoring.com to get the best advice on Houston Home Security Alarms available.
June 9, 2010 | Posted by Dwayne Stoltzfus
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