BPO and the Philippines: A Prospect

Outsourcing has been a key business strategy usedand buying, tele-marketing and e-campaigns. The
by companies in various industries for more than asecond factor is procurement thinking. Large
quarter of a century. Automotive companies havecorporate organizations often subscribe to the large
been outsourcing manufacturing operations, businessagency model for their marketing supply chains. But,
services, back-office tasks, and even entire lines ofwith the global credit squeeze, businesses across the
business since the 80s. More recently, businessglobe are looking to realize cost savings that do not
processes such as information technology, logistics,impact negatively on their business.
printing, human resource management, payroll, 
e-Commerce and marketing, consultancy, and certainThe Philippines is a strategic location for outsourcing
elements of procurement have also been outsourced.– especially call centers - for a lot of reasons.
 Aside from the cheap price of labour, another edge
Across the globe, competing pressures and thethat the Philippines has is proficiency in the use of the
necessity for financial improvements, and high quality"language of business" – English. Filipinos are
outputs are driving an increase in the magnitude ofknown to adapt easily to accents, dictions, and
outsourcing. Factors as to why companies areregisters of prospect clients – be it in American
executing outsourcing plans include reduction andEnglish or the Queen's. Currently, the Philippines enjoy
control of operating costs, gaining access to worlda large market for call centers, probably even the
class capabilities, accelerating reengineering benefits,largest in the world.
shared risks, and cash infusions. 
 Why the Philippines over others? If affordability and
For many Filipinos, synonymous to outsourcing are callcompetency is not enough, one can look at the
centers. Though outsourcing (a.k.a. BPO) generallyprospects of quality, the environment, and piece of
covers a wider scope, call centers dominate the bulkmind of one's business. With the call center industry
of the industry in the country. Despite the recentover 15 years old and governed by the same
collapse of the giant economies in the West, marketbusiness rules, regulations and legislation as the call
players are now restructuring their workflows. Onecenters back in the West, the Philippines represents
avenue where they can maximize their companyas low-risk a destination for your outsourcing
potentials is by embracing outsourcing. In fact, almostrequirements as is possible to find. Along side cost
50% of USA companies outsource most of theirand quality considerations, experts know that any
services. Moreover, at the rate outsourcing is going,modern call center and other outsourced industries
forecasts show that at least 8.3% increase will beattach great importance to environmental concerns
seen by 2010.– something that the Philippines is truly strict with.
 Lastly, intellectual property rights are protected. In
There are two chief reasons why there is a globalthe first line, by local government laws and secondly
rise in interest to outsource: one reason is theby the fact that virtually every outsourced industries
increased number of global brands. This requiresare under the auspices of the World Trade
brand consistency throughout all marketingOrganization and the World Intellectual Property
communications. While marketers are experts atOrganization.
guiding the brand from concept to final output, they 
realize that ensuring consistency of the output andCall centers were forged in the fires of the last global
delivery of the work is not usually an area of theirrecession. Given the current economic upset, the
expertise. This is where e-Commerce comes in. InPhilippines should be a good destination for more
the Philippines, e-Commerce comes in the form ofoutsourced services.
inbound/outbound call transactions, direct online selling