Benefits of Outsourcing Essay Example for Free

Benefits of Outsourcing Essay There are a number of outsourcing benefits that have been recognized by the researchers and they are as many as thirty two advantages of outsourcing. The following will describe the various benefits that will be provided to the university if it plans to outsource the activities in the future. The first kind of advantage that is received by outsourcing is that the overall costs of those functions are reduced and there are no more overhead costs for the university. This means that the company would try to reduce its overhead costs by simply passing on the costs to the outsourced company so that it would be at an advantage. The second advantage is that of off-loading non core functions. As has been mentioned before in the paper, when a university would outsource, it would make sure that it out sources the non core functions so that it can concentrate more on the core activities that it is supposed to perform. This in turn would allow the university to become more competent in its field and allow the university to concentrate more on the work that it is good at. This is the main purpose of outsourcing to a company. Another advantage from outsourcing is that the personnel would now be shifted to the core activities. This means that the company would now take upon the non core activities and leave the university with the benefit of shifting its employees to the core activities of teaching and research where the employees can work with one another to explore new areas that have not yet been researched by people and many other ways. The employees would now be able to concentrate more on the core activities and give their full attention in stead of being worried about the daily chores that were to be completed on time in order to move ahead with their work later on. This was a hassle and a barrier for the employees to move ahead in life and bring new changes in the university. Once the employees are able to achieve the sense of not having to complete the daily chores because they are being handled by someone else, they can concentrate on their skills and how they will be used more accurately and in the right way in order to help the employees an the university to move ahead and face the competition that they have from various other universities as well as the online services that are provided by them. There are a few more advantages that are listed below such as: 1. â€Å"Get access to specialized skills 2. Reduce need for internal commitment of specialists 3. Save on manpower and training costs 4. Control operating costs 5. Improve efficiencies through economies of scale 6. Improve speed and service 7. Level out cyclical or seasonal fluctuations 8. Eliminate peak staffing problems† (Tips and Trivia, 2005 ) Conclusion In conclusion, it can be said that the university can think of outsourcing its operations to other companies that can handle the work so that there is no disruption for the university to do its work on time. The university will now be able to face the fierce competition that is there in the filed of education.