8 Key Benefits of Effective Supply Chain Management
For seamless business automation, businesses need a digital supply chain management system. Today, corporations use supply chain software to break the tiring cycle of human micro-management. It helps manage data and goods from the point of origin to their final use. Altogether, the solution enables corporations to tap into automated business processes and stay ahead of the competition.
Businesses now look for a custom development tool to streamline tasks, push information, or plan resources. It is to build trusted relationships with all the parties involved. To begin with, effective supply chain management software is what you need.
Let us introduce you to an effective supply chain management system.
What is an Effective Supply Chain Management System?
With an increased demand for manufactured goods and services, businesses have observed increased risks and disruptions in the traditional supply chain system. You may experience labour shortages or, in extreme cases, face the music due to human errors. At the end of the day, you are expected to meet your customers’ expectations to drive sales and win maximized revenue. So do you wish to digitize your supply chain management system?
An automated supply chain management system offers analytical solutions to keep track of inventory, warehouse, resource, or sales order management. All the time-consuming hassle is reduced to transformative automated solutions.
Essentially, supply chain management is supported by advanced technologies such as the IoT, barcode systems, RFID, AI, or AR. Software developers use these advanced solutions to create software that helps build supply chain automation. As a result, the tech-savvy supply chain works effectively for small businesses and large enterprises alike. Also check, why do businesses need an ERP system.
Let us now walk you through the domains of an automated supply chain management system.
1- Inventory Management
The supply chain automation supports and streamlines the process of acknowledging product demand. Once the demand for multiple product groups is determined, the ordering process begins. Further, the inventory usage and storage are monitored throughout, keeping track of the sales. The entire system is run on a mutual dashboard that provides necessary information on any movement. Overall, the system covers inventory management at multiple warehouses, tracking the life-cycle of each good.
2- Warehouse Management
Are you tired of keeping files for the warehouse or distribution centre? The supply chain automation manages warehouse inventory by tracking and recording each product’s serial numbers and movements. It helps pick the best routes for the shipment delivery process. With an integrated solution, the process of order generation, packing, and order fulfilment is automated. All the shipment and logistics information is managed, stored and retained for each warehouse. As a matter of fact, manual management processes cannot match the accuracy, security, and efficiency of automated systems.
3- Supplier Relationship Management
With supply chain automation, the supplier relationship management process is automated for all the new and existing suppliers. In this case, the system allows you to track supplier compliance and route interactions. Basically, the system works as a performance monitor. It evaluates vendors’ activities and covers timely supplies of goods and materials. Overall, this guards supplier relationships for the entire supply chain.
Automated supply chains entirely support your business process from warehouse, inventory, order management, shipment logistics, and forecasting demand to returns. Moreover, some supply chain software supports a complete product life-cycle.
Benefits of Automated Supply Chain
Do you wish to maximize your business efficiency and reduce human resource effort? Moving forward, a supply chain software solution is all you need. It covers all the steps from product manufacturing, storage, management, movement and deliverance to clients. Altogether, an automated supply chain ensures complete efficiency at lower costs. In addition, it manages the demand of suppliers or customers, offering increased collaboration.
Let us dig into detail about how an automated supply chain would benefit your business.
1- Integrated Solution
Automated supply chain solutions and functionalities integrate multiple departments at once. As a result, the system works efficiently across the chain, from warehouse to inventory management. It is an all-in-one solution to maintain systems, analytics, reports and forecasting demand. Also, it manages the entire production flow to deliver the finished products. As a result, this ensures fast customer service and satisfaction.
Precisely, a supply chain automation solution enhances visibility and aligns with your business demands.
2- Real-time Analytics
Supply chain automation provides real-time analytics, replacing manual record-keeping. Now there are no chances for errors in numbers, missing items, or revenue loss. The system runs smoothly with live analytical reports on the overall production, distribution and deliverance. So there is no need for outside management when the system works round the clock. It keeps you informed on the day-to-day analytics and also forecasts future demands and capabilities. Overall, the analytics help determine;
- Business performance metrics
- Identify barriers
- Harness current strengths
- Forecasting demands
- Meeting current demands
- Spotting risks
- Predicting revenue
Focusing on the industry trends, the software is automated to meet the market’s external demands. Then, further along, the road, the statistical reports help determine the next move for your business.
3- Collaborative Approach
Supply chain automation ensures communications and collaboration among the parties involved. For instance, it brings together suppliers, vendors, customers, and other resources at the corporation. It not only reduces the chance of confusion but also timely meets the consumer demands. Businesses now adopt a supply chain collaborative approach to connect with stakeholders, suppliers and customers. It helps keep the focus on secure work management and allows everyone involved to stay on the same page.
By all means, the software allows handling multiple operations simultaneously. It connects systems, applications, help desks, and other internal agencies for integrated operations. For instance, the rider has access to the tracking system just as the customer ensuring seamless collaboration for everyone involved.
In a collaborative environment, the supply chain automation supports:
- Supplier relationship management
- Attending to the needs of customers
- Streamlining communications
- System integrations
- Handling multiple sales channels
- Secure flow of information
4- Sales Optimization
In general, the supply chain sales process involves suppliers, vendors and consumers. It begins with raw materials and infrastructure management to the manufacturing of the goods. With a personalized dashboard system, everyone can gain insights into the production, processing and final shipments. That is how an integrated supply chain system optimizes sales for businesses. Precisely, the system covers:
- Keeping tabs on customer demands
- Complete inventory management
- 24/7 customer service
- Improved consumer relationships
- Better customer retention
- A quick closing of sales
- Managing shipment and analytics
- Improved cash flow
- Reduced disruptions
- Return management system
5-Effective Quality Control
An automated supply chain management system is the best option for seamless quality control. Companies that face excessive-quality issues with product repairs or replacements have a lot at stake. It results in greater loss and increased costs of quality control. To overcome such stressful situations, companies adopt an automated quality control system. The routine processes with the direct suppliers, partners and secondary suppliers process effectively with a supply chain management system. As a result, an improved quality control system is put in place that ensures better stock management, supply and delivery.
Basically, the system guarantees quality assessments and on-time delivery from the direct suppliers. In addition, it maintains formal documentation signed by the suppliers verifying that the stock is pushed after a strict quality check system. Also, the order and complaint resolution process is streamlined to ensure faster service to customers.
6- Reduced Delays
With a supply chain automation system, companies reduce the chances of delays in processes. The communications system ensures that everyone is on the same page. Here, the shipments are tracked and pushed from production lines to the distribution channel. It also allows all parties to track late shipments and process them at the earliest. With an automated system; nothing goes lost in the mail.
7- Enhanced Networking
The greatest benefit of an automated supply chain is enhanced networking. The software helps integrate agile practices into lean ones. In addition, the gathered networks easily extract information and process data with an enhanced supply chain management system.
8- Secure Processes
Supply chain automation ensures complete security and scalability of your business processes. When choosing the right supply chain management system for your business, make sure you evaluate the following:
- Virus scanning
- End-to-end encryption
- Network traffic monitoring
- Maintained fault tolerance
Businesses today adopt automated supply chain management solutions. However, tailored supply chain software is needed to meet your unique organizational needs. So digitize your business processes to benefit from an automated system that would help you win great revenue. It is about time you optimize the quality of your deliverables, enhance customer experience and increase overall profitability. Supply chain automation altogether covers inventory, warehouse, sourcing and supplier relationship management.
Join sourcing square and get a ready-made, collaborative and comprehensive supply chain solution for your business.
What is an ERP System and Why is it Important for Your Business?
The world today is driven by digitization in its business processes. The technological advancements, software and tools come together to give businesses a competitive edge over competitors stuck in traditional practices. Let us introduce you with an all-in-one resource management solution for your business called an ERP system.
Ever wonder how global industrialists meticulously manage their businesses? The large-scale enterprises carry on with the complex operations with such ease. How do these enterprises operate? How are these businesses growing in such a short span of time? We observe that their hirings expand, leads maximize, new product launches, and customers roll in. There must be a continuous support system that assists with these complex tasks.
With an online presence over the internet, corporations and enterprises now look for ways to automate, integrate and effectively transform their business operations. For that matter, a business now uses a business management software called enterprise resource planning to automate the processes and save them from the hassle of manual activities.
What is an ERP System?
An enterprise resource planning (ERP) system is an automated and integrated solution for the enterprises wanting to manage their staff, inventory, finance, manufacturing and distribution. The system keeps track of your day-to-day activities and detects bugs or inadequacies within the operations to ensure a streamlined workflow with real-time reporting.
Mostly, the supply chain companies and industries with manufacturing and distribution challenges use the ERP system. On the other hand, the healthcare, non-profiled, construction or hospitality industries prefer an all-in-one solution for their business processes.
Why Do You Need an ERP System?
An ERP system attends to the unique needs and challenges of your business. If you are still confused about why you need an ERP software then consider the following conditions and rethink your stance:
- Your employees remain stuck with complex tasks
- You wish for easy access to the data
- The company remains stuck with multiple suppliers and vendors
- You need multiple applications and programs to run the business
- Hard to keep track of the inventory and sales
- Retrieval of data is time-taking and hectic
- Staff is stuck with filing and documentation
- Difficult to access confidential data at any time
- Failure to identify issues and bugs within the system
Types of ERP System
ERP system works best for small or big businesses. Small business ERP is the ultimate business management solution devised so that it meets the mid-sized company’s needs. While in case of big business ERP, the deployed software solutions are tailored to meet various resource needs. In order for this to function smoothly, the ERP software extends its various types of deployment models. Let’s discuss the types of ERP systems: On-Premise, Cloud-based, or Hybrid.
On-Premise ERP System
As the term suggests, the on-premise software type is implemented on-site and is managed from within the confines of physical office space. In fact, the system is run on the computer or servers used by the particular organizations offering complete solutions and control for the entire business resource system.
Cloud-based ERP System
In cloud-based ERP software, everything happens over the cloud. It is a service as a software (SaaS) that gives a complete database solution for any organization to be accessed from anywhere. Basically, the software provider particularly supports continuous data storage, retrieval, and update.
Hybrid ERP System
The third type is most suitable for an enterprise wanting to expand its business potential. It is about exploring the highest range of ERP software. A hybrid model is the combination of a cloud-based and on-premise system. Here, the resource provider crafts the ERP model with integrated and enhanced flexibility to deliver precision not achieved with a single model.
So look for a vendor who understands your business type and offers the most suitable deployment model type for your organization. Whether on-site, cloud, or hybrid, an ERP system takes over all the hassle for your business processes and provides an integrated solution to carry on with your business processes.
The Importance of ERP System
Are you looking for an integrated system to carry on with your business processes with complete security and accuracy? If you wish for a system that would manage multiple business modules at once without the hassle of manual record-keeping, then ERP is your only choice. This software attends to the business’s unique needs and operates efficiently without outside management from an IT team. Be it a large enterprise or a small business, the ERP system facilitates organizations to automate their routine finances, manage employee bases, or store company data with complete security.
Here’s a list of key modules that your ERP system would seamlessly support
ERP facilitates finance and accounts management for businesses to look over their current finances and predict future prospects. It helps organizations manage their accounts information, pay dues, and secure documents, sheets, reports or receipt statements.
Moreover, the software becomes an automated database to streamline billing, routine finances, payments and revenue management. It diverts the HR department from constant documentation and shifts its focus to an integrated system that helps through finances and accounts management. Finally, the profit and loss statements help you gauge your business’s overall ROI.
Supply Chain Management
Supply chain management is apparently most tricky for businesses. Businesses demand expert resource persons to keep track of all the goods and supplies. Yet, it lacks the precision achieved through automated ERP software. With an ERP system, the organizations easily track step-by-step movements of their supplies and goods from manufacturers, supply-chain suppliers, and distributors to consumers or retail industrialists.
The system coordinates the entire cycle of the supply chain, such as manufacturing, inventory management, the ordering process and warehouse management.
Human Resources Management
ERP system takes over your workforce management hassle and offers a comprehensive automated CRM system to manage employees. It keeps a tab on the employee documents, payroll system, performance and offers letters. Also, it manages complete employee working hours and monthly attendance records. On the top, the system contains individual employee records and discards duplicate reports or inaccurate information recorded within the portal.
ERP solutions offer complete production management and manufacturing plans such as; infrastructure, raw materials, machinery, and the production of goods and services. Here, the system records the manufacturing process and statistics per daily production output. Also, we keep track of processed goods, finished product details and supply-demand.
Well, that is not all, an ERP system has several more important characteristics such as:
- Asset management
- Big data analytics
- Service management
- Internet of things
- Project management
- Customer relationship management
- Business Intelligence
The latest research suggests that 81% of the companies are now pivoting to an ERP system. So why do you think the system is gaining so much popularity. It is because the software offers tons of benefits for your business.
Let us discuss how ERP manages an entire enterprise system in a single database.
An ERP system stores and manages real-time information. There is no chance for errors or glitches within the system. It is a single database for the entire team to access easily from anywhere in the world. Therefore, remote teams prefer an ERP system to keep tabs on the business process and receive accurate insights on the ROI. The system aids managers and stakeholders in accessing the confidential data and info to gauge the KPIs through easy access to the company ERP dashboard.
Your business can easily do tasks such as managing the inventory, tracking the manufactured products, managing the employee base and positioning them for multiple duties. Also, the resource program allows you to track employee behaviour, note the working hours, manage their payroll, receive automated financial reports and manage employee benefits.
All-in-all, the program reduces human resource work to an automated system. For instance, your employees get to focus on the core tasks without having to report manually. Also, your IT team can focus on the main functionalities rather than manually generating company data and reports. Basically, it is an integrated human resource management system aiding in the new hires or managing the old staff.
Forget about hiring a business intelligence team and using an ERP system as your BI tool. Basically, the ERP system allows your company to input data and information into the system and receive real-time reports and statistics on various projects. It is an easier and more responsive system that does not require human activity and reduces months of work into just a few clicks. However, it is essential to have a fully functioning ERP system that keeps a record of your years old reports.
When you log into the system, it becomes your central database for all the income statements, key performance indicators, generated expenses and detailed insight into the complex processes. In addition, the system has built-in filters. Precisely, the vendor develops a strong resource program that fits all your business needs.
Customer Relationship Management
How about an integrated CRM system within the ERP software? ERP system extends its efficacy into managing customer relations. This key module covers inventory’s sales and marketing hassle and provides live statistics on leads and conversions alongside order reports, history, generating quotes and closed deals. Basically, the built-in tools help track the inventory at multiple warehouses, transportation and trucking to stock details.
Let’s face it, we all look for shortcuts in our routine activities. ERP is one such system that reduces human work and automates business activities with digital solutions. You get to manage an extensive employee base with an efficient ERP system. For instance, the program helps with:
- Effective inventory planning
- Improved procurement management
- Streamlined customers support
- Enhanced vendor relationships
Moreover, applying a unified system to the enterprise saves your employee base from operating across multiple platforms. In short, you save on the expenses of recruiting and training employees for a single system. If used right, the ERP is your organization’s robot that takes over all your enterprise resource management.
Let us conclude this discussion with the argument that an ERP system saves you from wasting time, money and effort. Rather, it automates your business processes to ensure maximized revenue, coupled with increased ROIs. Sourcing Square is an all-rounder ERP software developer to aid businesses with streamlined functioning and implementation.
So bring your business needs to our table and watch us tailor the most suitable ERP software model for your business type.
Automate Onboarding with Employee Onboarding Software
Remember how traditional onboarding processes went on for months? It was a continuous struggle to accommodate and familiarize a large pool of employees with your company culture. The HR department already went through the headache of screening a lot of applicants before reaching a final hiring decision. After closing the position at your company, an employee base comes into the family. But, the concerns for their documentation, signing agreement forms, and formal orientation rise.
The world’s top organizations have come far from these troubles and have finally automated the onboarding processes of new employees. For that matter, employee onboarding software is now used to streamline hiring new employees. The system introduces fresh employees to the job roles, duties, and responsibilities. On the other hand, the software equips organizations to swiftly manage their new bees’ training.
So switch to an employee onboarding software to digitize the joining experience for your employees.
What is Employee Onboarding Software?
Employee onboarding software is tailored to your organizational needs and HR processes. It welcomes new hires on board by offering a comprehensive introduction to the company. Precisely, all the necessary steps for onboarding new hires are automated and secure. As a result, they quickly adapt to the environment and make haste to gel in with the rest of their team. Precisely, all the necessary steps for the virtual onboarding of new hires are automated and secure. In case you hire a remote set of employees, employee onboarding software enables them to experience a fantastic first day as if they are actually present at the office.
To begin with, the employees sign their offer letters and complete the initial documentation. The process is simple, fast, and automated as the employees can easily sign documents through their phones and laptops. In addition, all the hassle of paper documentation is eliminated by digitizing the initial onboarding process for volume hiring.
Personalized Onboarding Experience
Do you wish to hook the new hires right at the onboarding stage? A digital employee onboarding software allows organizations to fully personalize the onboarding process by creating graphical templates for each job role. Individuals are directed to a page where their upcoming job role awaits. It is a fully customized onboarding template that assists employee throughout their onboarding process. Basically, these personalized templates come for each department, job type, office location, company headquarters, and more. An individual feels inclusive in a branded 3D environment and conforms to the entire company culture.
By personalizing the onboarding experience, your HR and other administrative departments ease themselves off the burden to accommodate new hires. They can create a more inviting and exciting experience to formally introduce new bees to their organization.
Live or Recorded Webinar Options
Remember how the new hires were bound to attend day-long orientation sessions? Well, there is no need to get stuck in old methods of onboarding when your company can easily acquire automated software solutions. The company representatives can hold live presentations and orientation sessions or set up pre-recorded webinars to engage the new hires on their first day at work. The employees become familiar with the company’s mission, goals, and agendas for the year. These webinar sessions help each employee realize their role within the system and act upon their duties from day one. A set of team instructions are also put in line for the employees to work effectively as a team.
The webinar sessions also allow employees to engage in Q&A sessions to address their reservations before moving forward. Also, the employees can request on-demand webinars to have an insight into their job roles.
Formal Employee Training
Interestingly, an employee onboarding software features a training program for fresh employees. A comprehensive automated training program is attached to the software. It helps new employees take step-by-step training and equip themselves for the job role. In addition, the software allows your company to keep track of each employee’s progress. For instance, if an employee misses out on a particular training session, you can send individual reminders to keep the individual on track. Also, if the training goes for a week or so, the employees easily access the software with personal login credentials.
However, the online training may be of the following types:
- Group training
- Individual training
- Blended training
- On-demand training
Thus, pre-scheduled automated training sessions help each employee learn about their company and the job roles.
Employee Retention Program
In times like Covid 19, organizations face a hard time recruiting and hiring new employees. The process was either conducted online with mismanaged systems or the physical onboarding spread over a time span of months. The procedure was not safe or easier for the in-house HR teams as well as the employee base. Therefore, new reforms were needed. At this point, the online hiring procedure required upgraded employee onboarding processes. For instance, the potential remote employees are selected online after a lengthy screening process. In order to integrate the new employees within the organization, a seamless onboarding process was necessary. In most cases, employees decide on their long-term service to the organization during their recruitment and onboarding stages.
Thus, an effective onboarding software solution is essential that automatically attends to the individual needs and reservations of the employees. The software allows all the initial documentation and live webinars to familiarize employees with their job roles and company culture. A swift process makes your company look good in the eyes of new employees who agreeably commit to the organization. As a result, organizations secure an employee retention program through upgraded software.
Global Remote Employee Base
Fortunately, a digital employee onboarding program expands the arena of recruitment for your organization. It attracts a global potential candidate base and swiftly recruits them through an elaborate online procedure. Once the recruitment process is streamlined, the onboarding software enables employees to access the software from anywhere at any time. After a lengthy screening process, the selected candidates pass through the onboarding and training phase. It is indeed a solution from the future.
Today, the world’s large enterprises or businesses prefer to hunt top talents around the world rather than hiring on-site candidates. In contrast to the traditional methods for onboarding employees, a digital onboarding process is cost-effective and most efficient in narrowing distances.
An employee onboarding software is the ultimate lifesaver for organizations worldwide. It expands the scope of hiring by onboarding a remote team of talented resources. In short, the software automates the process of volume hiring for organizations aiming to tap on remote resources. It is an elaborate process where the new employees learn about the organization and their job roles and receive formal training on their tasks. But, all this process goes on automatically. An individual only has to sign in to the network and go through an automated process of documentation, filings, and training.
Sourcing Square extends its employee onboarding software for organizations operating worldwide and aims to onboard remote employees. So, offer a personalized onboarding experience to your audiences and watch them get committed to the jobs you hired for.
What is Agile Development in Software Engineering?
Businesses need software competency to make a strong digital presence for their consumer market. Every organization or enterprise now adopts advanced software development methodologies. However, most IT service provider companies practice agile development methodologies. So, if you are looking for expert software engineering solutions for your IT projects, then agile development is the answer.
Generally, project management strategies have evolved over time. Several project management tools and software support the cause. But, technology alone is not involved. Software engineering methodology plays a crucial role as well. Now, agile, Scrum, and Kanban are the most popular methods of software engineering.
Why Do We Need Software Development?
Software development is a multifaceted field that extends beyond agile methodology. Numerous traditional project management tools govern the software development lifecycle (SDLC). However, the process is lengthy and time-consuming at each design, development, maintenance, and testing stage. Previously, the waterfall model was in practice. It goes through each phase of specific deliverables, and documentation comes following the reviews process. These methodologies work well in industries like architecture or construction. However, the other software development methodologies (waterfall, iterative, v-shaped) are not successful in complex projects like IT.
Today, businesses demand real-time methodologies to get their software up and running. Their needs are well defined and therefore expect advanced software development solutions. Likewise, your clients expect changes and modifications throughout the process of project development. So, how would you attend to their needs in real-time? The answer is Agile development in software engineering.
The Supremacy of Agile Software Development Methodology
Agile is the umbrella concept describing project management methods breaking down a complex project into manageable chunks. For instance, IT industries use agile project development methodologies to serve in engineering. Not just that, the said practices are being employed in different industries. Agile is a widely accepted practice, developed in 2001. It works as a collection of guiding principles called the Agile Manifesto.
Nowadays, agile software development methodology has come into practice for good reasons. Primarily, it extends its two methods known as Scrum and Kanban. So, Scrum and Kanban would be your go-to services when it comes to agile methodologies. It focuses on the clean delivery of individual pieces of the software and not the entire application at once. Agile’s unmatched benefits have allowed businesses to evolve their practices as a team and focus on efficient delivery of the project at hand.
Nowadays, businesses parallelly use Scrum and Kanban methods as they share a set of similarities. The two methods either rely on physical boards or digital replication, going into three categories; ongoing projects, in-progress projects, and completed products.
The Functionality of Scrum and Kanban
Scrum is efficient in providing high visibility and transparency with more room for change. It helps define roles and responsibilities clearly with better collaboration throughout the project completion phase. Businesses use Scrum, especially with pure strategy projects, allowing technology, operations, and marketing stakeholders to share information more frequently and make decisions collaboratively.
The kanban model presents change with additional improvements. For example, it offers constant visuals of the process of project management. Further, the kanban board plays a major role in workflow displays, assisting by optimizing tasks within different teams onboard. Thus, Kanban gives a heads up throughout the software engineering process.
The Principles of Agile Methodology
The development processes for agile methodologies cover a set of principles. It primarily ensures active functionality and scalability for the product development process. Thus, software developers at Sourcing Square follow a set of strict principles to not compromise on the quality of their end product delivery.
Planning: There are formal meetings and discussions concerning the software engineering of the product. Also, we finalize the agile methodology we’ll use.
Continuous Delivery: Our developers tirelessly satisfy clients with early or constant delivery. By breaking down the tasks into smaller chunks, our team ensures the scalability of product development at each step.
Work Culture: We keep a healthy work culture by encouraging self-organized teamwork. Moreover, we create a sustainable work environment and equip them to accomplish the tasks.
Constant Revision: In case the clients demand some changes in the product development, Sourcing Square experts attend to the changes while on the go.
Self-organized Team: Our project teams report on their routine tasks and take the essential feedback from the clients. Also, a progress report is generated by the amount of work completed within the set time frame.
The Agile Development Process
Designing: Firstly, the main activities of the software development process usually occur in the designing phase.
Implication: It is necessary to constantly elicit requirements and test the software during the development process. Basically, agile is an iterative process, so designs and requirements go hand in hand.
Allocation: We use a careful procedure with the allocation of requirements. Usually, this process runs alongside design and development processes. The agile methodology offers flexibility and agility compared to the conventional software engineering models.
Code Development: Agile software development focuses on code development instead of documentation and it defines the process for software engineering. However, agile does not promise to resolve all the software problems existing in the IT industry. But, it sure presents an environment for updated solutions to come to light.
Despite this, many software developers confuse themselves with the application of Scrum or Kanban. Therefore, here’s a heads up on how to decide on the development methodology in software engineering.
How do you choose between the two?
In order to decide between the two agile methodologies or whether to use the agile software development method at all, determine which methodology is most suitable for your business requirements.
Let’s take, for instance: Do you want the web browsing software up and running in no time? Do you wish to improve the overall process of your project management? Scrum works best with a fast-paced production, whereas Kanban increases the production efficiency. Other methodologies do not fit in with a fast-paced agile environment.
How beneficial are Agile Methodologies?
As of today, agile software development is considered the best practice for project development. Let us consider some major benefits that help our software engineers trust the agile development process. Agile methodologies:
- Easily adapts to changing industry standards, customer behavior, and fast-track technology changes.
- Offers constant results with new software versions to satisfy the stakeholders
- Developers meet the demands of stakeholders to guarantee better user satisfaction and a controlled delivery process.
- Pair with quality assurance and testing processes to reduce human labor and increase quality.
- A cost-effective approach to producing competitive market products
Agile is the collection of various methods and practices used in software engineering. However, it works best when the project manager has considerable knowledge and expertise on the agile development lifecycle. Therefore, the team should be available to invest time in developing the best version of the software. Plus, the hands-on experience of the entire development team comes into practice throughout the agile software development process.
Therefore, sourcing square extends its agile software development processes for businesses wanting to make a standing in the marketplace. So, get in touch with us today and outsource your software development projects to a company hoarding the top IT resources.
What are the Criteria for Deciding to Outsource Software Development?
In recent years, various companies have successfully outsourced their software development needs to IT resource companies around the world. Previously, companies hired individual resources, one each for a specific task. It brought in management and timely tasks completion concerns. Although, a project manager ensured the productivity of each employee and went through a lengthy process to ensure quality. The in-house teams no longer have to deal with projects that require special attention and time. Finding the right resource and hiring them for life seems like a dream. However, in most cases, companies do not afford the expenses of hiring full-time service-based resources. Therefore, businesses look for a match-made-in heaven resource company ready to take over their projects. Yet, we are still confused about the criteria for outsourcing software development.
The global IT outsourcing company thrives each day and increases market share worldwide. Nowadays, resource provider companies expand their reach and connect with leading enterprises or small businesses. Moreover, the remote working teams dedicate their time, efforts and skills to outsourcing their software development needs. Despite this, businesses are still confused about software development outsourcing for their company.
So, let’s first discuss the criteria for outsourcing software development.
The Criteria for Outsourcing Software Development
What would you do if you cannot find a suitable resource within your in-house team to manage software development processes? Such a situation might cause panic. Hiring the right fit for the job at short notice and going about the HR process could be a hassle. This is where offshore companies come into question. Now, are you ready to outsource your business projects to a third-party offshore company? This is nothing new; numerous companies have claimed to reap the benefits of outsourcing software.
Whether outsourcing the entire project or only a part of it, the experts residing worldwide would take up the projects and manage software development processes for you.
Identify the Need for Outsourcing
Before outsourcing the project to a third party, identify the reasons why outsourcing at this point is important for the company.
- Access to expert and skilled developers
- Advanced knowledge of software development processes
- Cost-effective and time-efficient project management
- No hassle for micromanagement of projects
- No expenses of office space, equipment and tools
- Implementation of Agile methodologies
- Availability of suitable team for product management
- Flexible scalability of the software
Determine the Budget
Software development and deployment is a lengthy process. Hiring specific resources for the job to create a hospitable workspace gets expensive as it is. So, a company’s financial situation matters most when outsourcing software development or hiring a whole bunch of expert software developers. Lets’ face it, the cost of hiring an experienced developer is way too high as per the market rates. Also, going about the HR protocols, offering a handsome salary package, accommodation, or rentals if the employees fly down to work for you would cost a fortune.
Therefore, establishing an in-house team would be out of budget for most companies. Here, software development outsourcing saves the day for businesses aiming to set up new software. It will dial down the expenses and share the burden of the software development processes. Thus, it is necessary to determine which option suits the company and save on the expenses.
Confirm Your Project Timeline
Another important criteria for outsourcing software development is time. When outsourcing the project to an offshore resource group, determine the project timeline you wish to follow. You do not want to get it all done haphazardly. Think of it as, when you have decided to outsource the project, several factors come to the surface. Consider the following;
Determining your requirements
- Hunting best matched the third party
- Planning out the software development process
- Following the process with careful consideration
- Going in the extra mile with the offshore team
- Streamlining project as per business requirements
- Following development to the deployment process
- Getting the software up and running in time
Furthermore, make sure the third party follows your timeline to avoid confusion before or after the project development.
Get a Project-Dedicated Team
Once an offshore party is shortlisted, ensure a dedicated team is available for the entire project management from development to deployment. The team needs to carry out the full product development cycle within the set timeframe. For instance, an offshore company allots a self-managed team for your company to manage remotely. These teams responsibly carry out effective communication on a daily basis and report on the project status. Precisely, the teams comprise front-end and back-end developers, designers, project managers, QA engineers, and other experts for successful application development.
Moreover, a fully equipped, talented and skilled developer team works dedicatedly throughout the contract. Additionally, some offshore outsourcing companies extend their developers teams for a longer period of time. The resources remain connected to your in-house teams and continue with their software development services.
Setup a Constant Communication System
Outsourcing the project to a third party means you need a constant communication system. For example, checking up on the remote team, assisting them and finalizing the product requires a stable communication system. Also, in case the team is in a different time zone, reaching the resources at the appropriate time becomes a challenge. However, if the third party resource company is ahead of time, more productivity and timely completion of tasks are evident. The IT outsourcing service provider companies usually have stable 24/7 communication systems to keep in touch with remote companies.
There are numerous communication platforms in use, such as; slack, skype, zoom, google hangouts or Microsoft teams. Fortunately, digital technology aids in fast track and constant communications across seas.
Consider the Risk Factors
Following the criteria for outsourcing software development is no child’s play. Be prepared to consider the risk factors that might come in the way. For instance, watch out for the risks of timezone difference, security issues, and authenticity of IT resource companies. Also, the issues of communication gaps, team performance, eligibility criteria and pricing may arise while on the go. Moreover, some cases also report fraudulent activities at the end of resource provider companies. So, how to stay vigilant? The best way to go about it is to consider all the mentioned aspects before shaking virtual hands with an offshore IT resource company.
Companies should do prior research on the third party to overcome such risks and check out portfolio and client reviews. Also, reach out to their partner companies for more insight into their expertise and credibility. Word of mouth always is the best approach. So, once you have investigated the company, interview the resources and team members individually to gauge their understanding of your product and the type of services they offer. These factors might seem unusual but would prove helpful along the way. In addition, pre-negotiate the payroll concerns, contract timeline, communication systems, etc.
Wish to kick-off successful product development and deployment for business applications? Software development outsourcing is the answer to your concerns. However, the decision proves a wise one with the right approach and planning. Most importantly, businesses need to determine why, when and how to outsource software development. Then, with set criteria, companies decide better on outsourcing their software development needs.
Sourcing Square is the leading software development outsourcing and IT consulting company, operating in Asia and extending software development services worldwide.
Why, When, and How to Outsource Software Development
How do you manage piles of work? Managing tasks, making sure it’s going in the right direction and supervising everyone is as hard as it sounds. Running complex business projects with limited resources onboard is challenging. But with good resources onboard, IT companies can accomplish any task. However, the debate continues on why a company needs to outsource its software development needs. When exactly there’s a need to outsource? And how does a company hunt and hire the best software developers for their business? Wondering why this debate is necessary? Well, the IT offshore business has marginalized with most companies maximizing their businesses. Now, it is the need of the hour to outsource software development processes to leading resource providers across the globe.
So, if you are not yet outsourcing software development, it is time to rethink your practices. It offers numerous benefits that your business most definitely requires. Recently, with the world becoming a digital village, companies have access to the most talented and skilled pool of software developers. Be it a large enterprise or new business; most companies prefer outsourcing the headache of software development. Considering the many benefits, we don’t blame them.
Why Outsource Software Development?
Take the burden off of your internal IT specialist team and outsource software development to devoted experts. The main reason for companies to hire a third party is to maximize their profits and achieve better economies of scale. Also, it helps on-site resources and executives to focus on core company tasks. Mainly, software development outsourcing enhances product quality and productivity on a limited budget. In fact, 78% of businesses reported outsourcing to third parties, a positive turnout for their business.
Here’s a list of convincing reasons for companies to get back in the game with hiring offshore software developers.
- Save on hiring permanent software developers
- Save on entire software development process
- Bring domain knowledge experts onboard
- Forget about hiring expensive specialists
- Expand the overall scalability of your project
- Let managed team services operate
- Shift focus to core business agendas
Still, wondering how outsourcing is essential to your business? Then, consider the following benefits of outsourcing development needs.
Onboard Untapped Resource Teams
When looking for the best fit for your software development needs, make sure you do your research. Studies have indicated that the best software developers and IT specialists reside in Asia. It is the offshore resource market companies need to tap on. So, use online resources to effectively outsource your products. Get access to the world’s top skilled individuals to take up development to deployment processes.
Real-Time Risk Management
Outsourcing your software development processes to a remote team ensures real-time risk management. In some cases, outsourcing the product to multiple offshore teams doubles the chances of detecting risks and managing them quickly. Whether you outsource projects or hire long-term resources, software risks are continuously managed in real time. Therefore, it makes sense to put money wisely and resource your software development products to trusted individuals.
Secure and Scaleable Solutions
The in-house IT team may not cover the security issues with your software and risk the entire company security. Like, with full software development lifecycle responsibility, the product’s security and scalability can suffer. This is precisely the kind of situation where software development outsourcing becomes necessary. Thus. with software development outsourcing, all the processing and coding systems get secured. A devoted team is there to care for your software while you sleep peacefully.
When to Outsource Software Development?
The issue is still of great concern about when it is best to outsource software development. Leading IT companies worldwide prefer an in-house team to cover all their software demands. However, that is where they face the music and risk all their company’s reputation. For instance, incompetent staff leads to the downfall of software during the development and deployment phases. In this situation, a single team can only focus on the company’s core tasks. In fact, they fail to perform effectively with complete software development outsourcing responsibilities. This is where small businesses and large enterprises trust outsourcing companies with their software development processes.
Therefore, it is logical to outsource the products at the right time to the right outsourcing company. In this case, choosing the right company with the appropriate skillset and expertise is important. Here are some guidelines on how to target the right resource company.
- Advance software and tool knowledge
- Affordable and efficient
- Lengthy online portfolio
- QA and Testing Services
- Complete SDLC Service provider
- Responsible and active communication
How to Outsource Software Development?
There are a few steps to take while playing your part to ensure that your software is in good hands and under good care.
Choose the Right Resource Provider Company
Hunting for that one suitable resource provider company is challenging. The search may go about for months. But, they say, better safe than sorry. So, take time exploring, interviewing and inquiring about the resource companies to shortlist some of the best talents available. Then, once you’ve identified the resources of interest, match them with the type of software development you’re looking for.
Plan Out the Work Modules
If your company picks an offshore outsourcing team for its software development outsourcing, wisely hand over the project to them. Communications with remote teams could be difficult. It is necessary to catch up and guide them through each day. So, the concerns of timezone differences and language barriers may come in the way. Therefore, devise a careful work module for the resource group to follow. An outlined work module with constant reporting and checks would be easy to monitor.
Set Clear Goals for Outsourcing Projects
If you expect to outsource the product to a company with affordable charges, you need to rethink your practices. First, do not compromise the quality of work based on the prices. Do the search and set goals to hire a team with high tech knowledge, fast-track processing and constant supervision over the software to reduce any risks. Next, it is important to decide on the timeframe of services you wish to avail. There are two ways to do it. Either you can outsource the entire project or onboard the resources with the company for a contract based timeframe. Therefore, it is important to decide beforehand how you’d go about the process and what you expect from outsourcing the software development.
Work on a Non-Disclosure Agreement
When a resource provider company takes up your software development responsibilities, you should consider a non-disclosure agreement. The sensitive and confidential information of the agency needs to be protected. The company is bound to abide by the agreement and keep the information confidential from unauthorized individuals. Also, the agreement applies till a certain period of time for both parties to oblige.
Outsourcing your software development is as tricky as it sounds. However, offshore resource teams can take over product development with careful steps and planning. The above-stated text offers a clear guideline for why, when and how to outsource software development processes. Follow the lead and use the services of global experts and professionals at your disposal. Sourcing Square is one such platform offering expert software developers’ services for businesses worldwide.
Get in touch today and trust our resources with your business goals.
The Top 6 UI UX Trends to Follow in 2022
Trends in UI UX design sure took a huge leap forward in 2021. However, the progress has not stopped and is still ongoing. Precisely, it is the demands of the growing world of tech, applications and devices. In fact, a company’s online presence is considered most important with sales and marketing. How the user interacts with your products and services or how it secures sales determines the usability and user experience of the website. High quality and seamless user interactions with the website or the application are vital to the user experience. So, when it is time for the online market to rise, why not tap on the upcoming UI UX trends for overall clientele’s experience.
Thus, expert designers are using modern and sophisticated design trends to stay ahead in the business industry. There is no reason to lay back when we can keep digging and exploring the possibilities of design trends. So, let’s first understand UI and UX design.
What is UI UX Design?
The expression UX refers to the user experience, while UI refers to the user interface. The UI UX engineering of designs aims to create user interfaces for software and machines such as mobile devices, other electronic devices, namely computers or home appliances. User Interface is the graphical layout of any application or device focusing on the style and looks. Basically, the designers work on how the user would navigate and interact with the digital product.
Precisely, UI is a digital product design that focuses on visual touchpoints, allowing users to interact with the product. It uses a combination of colour pallets, typography, animations, buttons and imagery that delivers an aesthetically delightful experience for the users. On the contrary, UX applies to physical and digital products that cater to a user’s overall experience from first contact with the product to the last. As a result, the swift experience delights users with its effectiveness.
UI UX Trends to Follow in 2022
3D Animations and Designs
2022 has brought in some innovative approaches to UI UX design trends. The three-dimensional use of designs and art will spice up the user interface of UI and UX trends. In a competitive market, this is exactly what your business demands. Interestingly, 3D wallpapers would make it to windows 11 by 2022 onwards. As a result, some magnificent new themes would emerge. However, it is recommended that 3D animation designs come into regular practice for designers and developers. Though these artistic 3D designs might become a hurdle in the fast loading of the websites.
Without a doubt, the addition of 3D animation and designs in UI UX trends would help businesses present their product with much significance. Moreover, it also aids in a global market by ensuring 40% traffic in conversion.
Dark Mode for Apps and Websites
Previously, everything was entirely designed on the white space background of applicants and websites. Who likes it anymore? 2022 called for innovations in design and compelled designers and developers to create a dark mode for each website. In fact, this is now considered a top trend in UI UX design trends. It allows users to shift from light mode to dark mode easily.
However, it is not something new; 2021 has also seen an immense number of businesses turning their products in dark mode.
Wondering why the users prefer dark mode? Primarily, a dark theme with slightly contrasting colours ensures improved visibility for people using their devices in low lights. It also ensures defined visibility for individuals with visual impairment. Moreover, it helps save the power battery of devices. If your mobile application or website is not introduced to the dark mode, then now is the time to get started.
Compatibility with Different Screen Sizes and Pixels
UI UX designers engage in intricate processes to design an entire application or website. The process is so much more than just designing buttons or icons. Ideally, designers should create UI interfaces compatible with different pixels and screen sizes. Be it mobile devices, tablets, wearable devices, small or large screens, laptops, desktops, foldable devices, extra-large screens or TVs, designers thoroughly create interfaces with 480px to 1280px.
However, 2022 has urged designers to work on even more compatible screen sizes or pixels. This efficient UI trend has come into practice with more devices and products spread against AR to VR devices.
UI UX Design in Metaverse
The UX and UI design interface also support metaverse. It combines different areas such as virtual reality, augmented reality and 3D animation videos where individuals interact live. It intends to engage users around the world through digital instruments sifting through the virtual environment, wearing VR devices. In the wake of creating a metaverse environment, Facebook has recently introduced a VR remote work application that creates a metaverse environment for the users.
Facebook has also decided to hold the next meetings virtually, with company representative avatars. In addition, the metaverse project has made facebook decide on hiring 10,000 more people to take over the job in the EU.
Augmented Reality in Web and App Design
Nowadays, AR plays a crucial role in the web and app designing process. The AR technology layer is used in relation with the real world. For instance, the IKEA furniture application UI UX design allows its users to see if the product they are interested in fits their house’s real space. However, the application or device compatibility is considered the main issue when employing augmented reality to website and applications UI UX designs.
Now, designers and developers aim to connect the digital world with the real world. A remarkable UX is delivered to the users by applying augmented reality in web and app designing. Let’s consider another example of GPS applications where the application calculates the time and duration for you to reach the destination and guides you ahead of time.
Unique Illustrations for Business Branding
An interface is carefully designed and adorned with digital or sketched 3D personalized illustrations. Designers opt for company-specific branding in the form of elements, components and symmetrical graphics, which helps create customized websites and apps. This offers a better user experience when compared to other platforms. Moreover, motion graphics are employed to make these branding illustrations stand out.
These attractive illustrations hook the viewers and focus on the company’s products and services. These custom branded illustrations make a business stand out from other brands. Also, it offers websites and mobile applications to win at its business branding.
Last year has shown immense growth in UI UX trends. It is safe to say that 2022 comes all decked up to advance in these trends and offer a great user interface and user experience. The elements such as dark mode, unique illustrations, and AR/VR installation have been on the radar. However, new technologies and software are also coming into the practice to change the way people interact with their devices. This year brings in new opportunities and advancements for designers and developers for which we cannot wait. So get in touch with us today and onboard our graphic designers’ team to help you through business websites and applications.
Sourcing Square is the leading resource provider company serving businesses worldwide. So, let’s get started!
Why Do Companies Need Managed IT Service Providers?
It’s common for companies, regardless of their size, to use the services of a third-party resource team. Their collaboration and expertise help the company accomplish vital business processes. Not to mention, information technology is playing a vital role to achieve tasks that would otherwise require manual efforts and time. Therefore businesses realized the importance of the managed IT services model in order to succeed in the marketplace. These managed IT service providers third party, outsource their services to companies worldwide struggling to manage their infrastructure or cloud.
Importance of Managed IT Services
Do you wish for proactive infrastructure monitoring for your company? Then, stop dreaming and start looking for a managed IT service provider company that’d take up your business projects and treat them like their own. Whether remote or regional, a self-managed service provider company would be a great step ahead.
Outsourcing business IT administration and management responsibilities to a third party service provider benefits companies in the long run. A managed service provider delivers end-to-end solutions: cloud storage, server maintenance, infrastructure management, systems administration, data backup and disaster recovery, network monitoring or security. So why take the headache for something when you can get someone else to untie the knots in your head? The answer to your failed, and stuck projects is hiring managed IT service providers.
Let us state the possible reasons why companies need managed IT services stepping in 2022.
Efficient and Reliable IT Operations
Wonder why companies expand over different continents? The lack of employee force in their region makes them look for credible resources elsewhere. Companies start to look for resources with an impeccable reputation who offer managed IT services. As a result, a qualified IT staff is made available at the company’s disposal. As a matter of fact, managed IT services would ensure your IT operations’ scalability and reliability. These resources do not replace your in-house IT team. Instead, it maximizes the capability of your IT infrastructure design, development and administration.
Not just that, the use of the latest technology and tools by IT experts benefits global organizations. However, technical support defines the potential of managed IT service providers. Their expertise involves cloud consultation, computing, monitoring and management services. In addition, the necessity to keep the efficient and end-to-end operations in check a managed IT service provider company is needed to gel-in the team.
Ensured Security and Compliance
Businesses today keep stressing over the security and regulations of their IT operations. Managed IT service providers ensure maximum safety and compliance for your infrastructure and cloud operations. For instance, smartphones, laptops and other operating systems are responsible for data storage and transmission. Therefore, it raises concerns for the security and compliance of businesses relying on an in-house team.
So when a company deals with a hacked system or security breach, their lack of expertise and knowledge causes big troubles. For instance, they may suffer huge money losses or degraded reputations in the marketplace. These situations cause panic situations for the company. However, when a managed IT service provider is on board, the company easily comes out of any such crisis. Your service provider is efficient in considering the policies, formal procedures, and protocols for ensuring security and compliance for the overall IT operations.
Focus on the Core Projects
Divided attention to business projects could risk a company’s precious time. The IT management needs to grow as the business grows. The increased workload makes companies hire more resources that are not IT professionals. All the headache causes managers to divert their attention to IT administration duties. In return, the core company projects suffer. Moreover, it makes your employees under-perform on the tasks they were hired for.
Thus, the need to hire a managed IT service provider arises. These service providers fill in the gaps of your team and take up all the strain of your IT operations. They work with you at the same pace picked by your in-house team. Once the direction is determined, a third-party service provider company thoroughly takes over the IT operations and allows you to focus on the core projects.
Save On Overall Business Expenses
Hiring a single resource to do each task for you can be very expensive. The hassle of finding the right resource and paying them well could cost you a fortune. However, with an IT managed service provider team, all your business IT operations are well taken care of. Onboarding a third-party service provider operating remotely would bring drastic benefits for the company. The remote teams would only charge you for the service they offer. Businesses save on their travelling, health and accommodation expenses when hiring an outsourcing company. That is, companies broaden their resource base and stand out in the marketplace.
No unexpected expenses would bother the company when a third party team is only responsibly managing your IT operations. Now, everything is managed over the internet. For instance, companies communicate with their service providers online over the internet. No one has to fly down to attend a business meeting. Operating remotely helps build a strong relationship among teams and helps keep everything professional. In fact, the statistics show that about 70% of the global organizations rely on managed service providers, be it a small business or large enterprise.
Round the Clock Management
Is your company struggling with hiring resources to work day or night shifts? Well, let us share a smart business tactic with you! Hiring a remote managed IT service provider would give you the edge through time zone differences. If you get a five or more hours difference, the resources would effectively work before your expected timelines. Also, cloud infrastructure management demands 24/7 supervision. Your dedicated managed IT service providers (MSP) would continuously care for and monitor the infrastructure while conducting compliance and security checks.
However, an important thing to note here is that these services must be in sync with the company’s existing business policies and strategies.
Realizing the importance of an MSP, companies now effectively outsource their IT operations hassle to a third party. Being one of the leading resource provider companies, Sourcing Square extends its expert IT resources and professionals to offer entire MSP services to businesses worldwide. Do you wish for digital transformation and organizational success? Of course, you do! So why not let you focus on the core company projects and have our service providers offer continuous automation, real-time monitoring, security checks, uninterrupted support, database checks, monthly reviews and audits of your IT operations.
How is Software Development Outsourcing Beneficial for Businesses?
In times like Covid-19, businesses have faced a hard time recruiting good resources for their long-term projects. In-house recruitment has not only declined but has also proved unnecessary with the digital revolution. As a result, many corporations have taken all their dealings online. They either operate remotely or hire a whole remote team on project-based contracts. This is exactly why companies find it best to outsource their business projects. They either hire remote employees to take control of their business processes or outsource the entire project. Thus, the concept of software development outsourcingcame into being. Precisely because, the IT industry is the top expert developers supplier in the business market. The rise of outsourcing made businesses realize the value of benefits of outsourcing software development.
Be it a small business or large enterprise, it is impossible to succeed without a strong software development outsourcing team. In fact, it is now realized that most businesses save themselves the hassle of interviewing resources or go through the protocols of hiring new employees. Also, there are several challenges faced by the company.
Challenges with In-House Software Development
- Trouble looking for the right resource
- Little or no knowledge of the development process
- Low budget
- No direction on streamlining the tasks
- Overall project delays
- Lack of in-house experts
Why Choose Software Development Outsourcing?
Outsourcing the software development processes to a third party-offshore company may seem like a daunting task. However, it’s the most beneficial for your business. The idea is becoming popular with each passing day, providing companies with a promising revenue stream. Statistics have shown that around 60% of the leading IT companies resorted to outsourcing their software development projects. So, if you wish to keep up with the market trends, hire remote resources to take control of your software needs.
Below are some of the benefits of outsourcing software development.
The Benefits of Outsourcing Software Development
Uncompromised Professional Services
When you outsource your projects to an outsourcing company operating internationally, they match the right pool of resources to your business type. Their talent acquisition is your gain! You get the smartest and experienced IT professionals on your plate. Additionally, the professional services they provide are unmatched compared to any of the resources you might have hired on-site. A third party takes the responsibility much more seriously than your in-house team. Also, they agree to deliver scalable projects within the timeframe set by you. These individuals are well-equipped with multiple languages and the best fit for your projects.
Managed Team Services
The in-house team also demands a set of managers to assist them through the process. However, you need not worry about team management and direction when outsourcing your software development services. The outsourcing company you opted for would take care of your matters from conception to completion. Although, a little supervision by the in-house team would be required to coordinate with the tasks. Their list of responsibilities include;
Investment in Core Projects
The most you get out of your software development outsourcing is that your in-house team can focus on the core company projects, rather than being stuck with software development processes your team would invest in the execution of critical tasks. Moreover, with the right direction from your remote team, it will be easy to manage company tasks. Your valuable resources may only invest their time and energies on tasks other than software development. With a fresh mind and perspective, all your on-site and remote teams would be operating at their assigned tasks. Therefore, it is essential to hire highly skilled and experienced developers in the field to take control of the entire development process.
Customized to Fit Your Needs
Before deciding on outsourcing your company projects to an offshore company, make sure they meet your requirements. Firstly, it is important to decide if you wish to outsource the entire project or onboard remote resources for the long term. Once the type of contract is confirmed, you can check which and what number of resources are necessary for the project. Then, based on your needs, a smooth software development process begins. Further along the road, you have the option to downsize or expand resources as per the requirement of the projects. There are no permanent limitations to keep using the services post contract. After project delivery, you can easily part ways with the outsourcing company.
Moreover, it is important to outsource your development projects to a company that already has a staggering portfolio. They should have expertise relevant to the project and understand its nature better.
Cost-Effective and Time-Efficient
Outsourcing software development allows businesses to save on hiring permanent employees. It saves you the hassle of payroll and HR. Moreover, extending the project to an offshore team helps you save up to 70% of the tech and tools expenses. Most importantly, small businesses or beginners benefit most from outsourcing software development. They cannot reply on building basis of their business with incompetence and lack of experience. Therefore, to be safe from the troublesome experience of trial and error, companies prefer hiring project-based software developers.
On the other hand, this approach helps you save the time that would otherwise be compromised by hiring and firing new employees. In addition, with setting up a contract, a remote team is ready to take control of the project within 24 hours. These innovative approaches help businesses operate efficiently and stand in a competitive market.
What to look for in an Outsourcing Company?
There’s growing competition in the software industry, which keeps companies on their toes to update their service trends and expertise. Each resource they hire is essential to their business. In fact, the more convincing the proposal and portfolio of the outsourcing company, the more credible it is for businesses. Thus, outsourcing companies win with better communication skills and an efficient approach towards life. The following qualities define an outsourcing firm;
- Up-to-date tech and language approach
- Continuous onboarding of new talent and skills
- Quick problem-solving approach
- Efficient Communication
- Extensive portfolio
- Online credibility of social media platforms
- Stability of the company
The resource outsourcing industry is expanding each day. Developing countries with a large pool of talented candidates and few job opportunities outsource their services globally. Similarly, Sourcing Square is one such company, extending its software development outsourcing services for companies worldwide. You can either hire a remote team to work for you or outsource your entire software development project for the company to work on. The platform welcomes businesses of all sizes and types to outsource their software development project and watch our teams deliver remarkable projects in time. Do you wish to hire expert resources to operate remotely for your company? Sign up for a free demo and avail of our top-notch services.
Author | Mubashrah Rahim
What are the 3 Types of Digital Media Marketing and Its Importance
With the world transforming into a digital hub, the need to turn to digital media marketing is the solution for businesses worldwide. Be it a small brand or a big enterprise, marketing your business is the foremost approach. With the world seeing through smartphone screens, people are more inclined towards online purchasing or engaging with brands worldwide. If the people are online, businesses need to be online as well. This smart business move works for all when following the main three types of digital media marketing strategies. To get a clear insight into this arena, let us check what is digital media marketing.
What is Digital Media Marketing?
Wonder how to market your business to the maximum number of people out there? The best way to target your potential customers is through the track of digital media marketing. Nowadays, businesses are run with smart and innovative digital marketing strategies. Having planned digital marketing campaigns and engaging with clients or customers is the necessity of current times.
Here, digital media comes to light. The powerful media channels are used by businesses to hunt potential customers and audiences by being all around them. Media marketing comprises blog articles, social media posts, content shared via videos, website feeds, and PPC ads. It works best for individuals or organizations running their businesses showcasing their products, brands, or services.
Pondering on the Importance
Ever wonder how digital media marketing helps businesses to grow? It is quick and easy paid media, owned media, and earned media channels that help companies achieve the success they desire. Content marketing, social media marketing, SEO, email marketing, mobile marketing, and PPC helps showcase your products and services for a greater purpose. Also, check the importance of digital marketing to accelerate your business growth.
Types of Digital Media Marketing
Before getting your feet into it, we share some ideas on how to go about it. To run excellent social media campaigns, follow these three types of digital media to succeed in the digital media marketing of your business.
1- Paid Media
Businesses may be new, growing, or have a strong client base. They need paid media marketing channels for their brand to grow sales. A third party gets involved and gets paid to offer their marketing services. For a new business to be known and accepted by the people, paid marketing acts as a matchmaker. It is important to embark on an easily monitored channel to check on the progress. Likewise, businesses need the support of paid media campaigns.
In order to benefit most from the paid media, hop on to channels that assure value for your business, planning the right ads and audiences for you. Finding the right partners who understand and respond to your needs is most important. Posting the right ads on the right platform and at the right time is very important to increase client base and sales for your business.
The known and accepted paid media includes;
- Search Engine Media Ads
- Display Ads
- Podcasts Ads
- Social Media Ads
- Print Ads
- Video Ads
- Radio Ads
The channels such as Youtube, Google search, PPC, Facebook, Instagram, LinkedIn, Twitter, On-Air Radio, flyers, billboards or Posters are the quick media marketing mediums with promised success for your business.
2- Owned Media
Secondly, digital owned media is the tactic through which businesses control and own marketing campaigns. The media channels owned by the brand help present the company’s products and services through customized content. The basic perk is not paying the other party and can efficiently be run by your media marketing team. With owned websites and free social media accounts, your owned media strategy will swiftly flow.
Displaying the products on your media platforms, putting up ads, sharing reminders for sales, and extending the services through social media are easily executed through owned media. Moreover, companies can assess the progress and results with Google analytics. To gain customer trust and engage thoroughly, your brand can use company-owned channels at any time and however suitable.
The owned media channels include;
- Email Marketing
- Blogs (Content Marketing)
- Social Media
- A Company Website
Owned media channels are easily run by free-of-cost emails, website blog sharing, social media posting, website ads, or online stores such as Magento or Shopify.
3- Earned Media
The earned media is the quick marketing strategy that benefits your brand coming from another source. It may seem to be working in a designed fashion. However, efforts are being made for sharing personalized content for your client base to comment and engage on your media posts comfortably. For instance, it is explained through taking the help of influencers and media celebrities to promote widely or display your products (brands) on their own media platforms. Earned media efforts will help you gain popularity in the market with an increase in sales and the earned trust of your clients or customers.
Earned media channels include;
- Social Media
- Search Engine Optimization
- Free Media Publicity
- Word-of-mouth Marketing
For quick leverage, use the three elaborate digital media marketing campaigns to mark your business leads and growth.
Businesses around the world are using three types of digital media marketing strategies. However, for a company to use all three types at once is like embracing the global representation of your brand. The approach is considered necessary in the current times with businesses making maximum efforts to earn profits. Why not market your brand the right way? SourcingSquare extends the services of digital media marketing to benefit businesses worldwide. Turn to us and watch your businesses flourish!