FM7-9

44問 • 1年前

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is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed or had previously been done by the company's own employees. The outside company is known as the service provider or a third-party provider.

Outsourcing

10 REASONS TO OUTSOURCE YOUR BUSINESS

a. Labor Cost rather than employing a full time staff, outsourcing provides flexible workforce who can work when needed and also decrease labor cost. b. Infrastructure and Material Costs allows business to cut down in other expenses. c. Efficiency entrusting non-central company function to experts elsewhere. d. Core business Function allows all the attention and resources on more essential parts of the business. e. Customer Satisfaction talks about on how we produce products and services faster. f. Risk Management and Continuity - Outsourcing partners may absorb any of the risk associated with departments g. Globalization – for international sales and marketing. h. Flexibility - let you have short term and flexible contracts. i. Resources - It give companies access to new resources and frees up resources that would otherwise be devoted to those backend function. j. Innovation - It allows business to focus its attention and energy on more central aspects of work.

BUSINESS PROCESS OUTSOURCING

i.Customer relationship management (CRM) ii.Back office outsourcing iii.Business and Professionals Consultancy Service - iv.Courier and Mall Service v. compensation

- refers to practices, strategies and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle, with the goal of improving customer service relationships and assisting in customer retention and driving sales growth.

Customer relationship management (CRM)

- defined as a subdiscipline of business process outsourcing (BPO) wherein back office tasks or essential non-client facing support positions are outsourced to onshore or offshore outsourcing companies.

back office outsourcing

business consultants provide management consulting to help organizations improve performance and efficiency

Business and Professionals Consultancy Service

- It is a company which deliver messages packages and mail and also known for their speed security tracking services and specialization.

Courier and Mall Service

- describes the cash rewards paid to employees in exchange for the services they provide. It may include base salary, wages, incentives, and / or commission.

Compensation

is the practice of hiring resources from outside of an organization to handle certain information technology functions.

IT outsourcing

TYPES OF IT OUTSOURCING

1. Moving business or service overseas 2. Nearshoring 3. Homeshoring / Onshoring

- typically to take advantage of lower cost and more favourable economic climate.

Moving business or service overseas

- transferring business or services to another country close by, often time sharing a border with your own country .

Nearshoring

allowing employees to work from home rather than an office factory or related physical workplace

Homeshoring / Onshoring

is when businesses hire companies to manage personnel functions. That includes administration of health benefits plans, retirement plans,and workers’ compensation insurance. It also includes hiring, training, and legal expertise

Human Resources Services Outsourcing

MANAGING WATER EXPENSES

Keep the plumbing system in good working condition Recycle water from steam boilers as boiling feedwater or use them to flush toilets or for cleaning/mopping floors. Close water gate valves when not in use (e.g., Saturdays and Sundays)

MANAGING ELECTRIC EXPENSES

Always check the energy rating of appliances before buying Timer to shut down air conditioning unit Lighting options Use curtains and tinted windows Save money on your computer’s electrical consumption Charge efficiently Regular monitoring of your electric meter

MANAGING COMMUNICATION EXPENSE

Cellphone Plans Alternative Internet Sources Reducing cable costs

COMPANY DRIVERS / RIDERS COMPANY DRIVER DUTIES AND RESPONSIBILITIES:

Maintaining Vehicles Expert at Driving Manage Delivery, Pick-ups and Various Errands

. The COC is to be issued by the DENR to the motor vehicle manufacturer, assembler or importer.

(COC) Certificate of Conformity

(MVIS) (CCES)

Motor Vehicle Inspection System Certificate of Compliance to Emission Standards

is a portable robot that follows a markers or wires in the floor, or uses vision, magnets, or lasers for navigation.

AGVs - Automatic Guided Vehicle

- also called lift truck, jitney, fork truck, fork hoist, and forklift truck is a powered industrial truck used to lift and move materials over shot distances. .

Forklift

are some of the most universally used and recognized machines in any industrial setting. are used for transporting good and materials, for automating assembly and processing, for shipping and packing, and much more. can be used to transport product in a straight line or through changes in elevation or direction

Belt Conveyors

CHAPTER 9 , also called prefabricated homes or precision built homes, are built to equal or higher standards as on-site stick-built homes. The building method is referred to as permanent modular construction. may be used for long-term, temporary or permanent facilities, such as construction camps, schools and classrooms, civilian and military housing, and industrial facilities. are used in remote and rural areas where conventional construction may not be reasonable or possible.

Modular buildings

Also known as a modular office space or prefab office. They often look similar to a permanent building, but the construction process is different

pre-manufactured portable building

– A modular building can have multiple rooms, adjoining units, or multiple levels (stackable). They are made of more permanent building materials such as steel, brick and hardwood.

A multi-unit office building

– Similar to traditional construction, modular buildings, have almost endless design options and configurations.

Customizable

Modular is not : – Many people confuse modular buildings with mobile offices (and understandably so, as these terms are often used interchangeably)

mobile office trailer

– Some modular designs can cost as much or even MORE than traditional construction.

Cheap alternative to traditional construction

– Some modular designs can cost as much or even MORE than traditional construction.

cheap alternative to traditional construction

- Repurposed shipping containers (also known as ISO containers or storage units) have become a popular raw building material for apartment complexes, shopping centers, and restaurants/bars.

shipping container complex

refers to interior design in commercial spaces. These include offices, retail stores, restaurants, lobbies and other public spaces.

Commercial interior design

It refers to the addition of new technology or features to older systems. It describes the measures taken in the manufacturing industry to allow new or updated parts to be fitted to old or outdated assemblies.

Retrofitting

sometimes called benefit costs analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieving benefits while preserving savings.

Cost benefit analysis

is the study of how specific costs respond to changes in the level of business activity.

Cost behavior analysis

are costs that vary in total directly and proportionately with changes in the activity level.

Variable costs

are costs that remain the same in total regardless of changes in activity level.

Fixed costs

are costs that contain both a variable element and a fixed element.

Mixed costs

uses the total costs incurred at the high and low levels of activity to classify mixed costs into fixed and variable components.

high-low method

is the study of the effects of changes in costs and volume on a company’s profits. .

Cost-volume-profit (CVP)

BASIC COMPONENTS OF CVP ANALYSIS t

Volume or level of activity Unit selling price Variable cost per unit Total fixed costs Sales mix

A key relationship in CVP analysis is the level of activity at which total revenues equal total costs (both variable and fixed). This level of activity is called the

break-even point

At this volume of sales, the company will realize no income but will suffer no loss. The process of finding the breakeven point is called

break-even analysis.

is another relationship used in CVP analysis. is the difference between actual or expected sales and sales at the break-even poin

margin of safety

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Jennie Rose Carpo · 24問 · 2年前

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