TRAINING REPORT ON BFSI(BANKING‚ FINANCIAL SERVICES AND INSURANCE) SECTOR IN OUTSOURCING COMPANY Submitted To MAHARSHI DAYANAND UNIVERSITY‚ ROHTAK In partial fulfillment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION (INDUSTRY INTEGRATED) (III SEMESTER) Submitted By Name: Anuj Arora Regn. No.1130700042 Roll No.1190210782 SHIKSHAPEETH COLLEGE OF MANAGEMENT AND TECHNOLOGY (ELC CODE:331023068) TILAKNAGAR‚ New Delhi -110018 CERTIFICATE
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for years operating on the world market‚ but also the SME sector. This became possible due to the development of ICT - that these technologies have existing boundaries and distance become irrelevant. Modern systems can not only facilitate the core business‚ specific to a particular company‚ but also enhance security areas this activity and‚ consequently‚ management of the entire company. Comprehensive computerization allows the company
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purpose of this paper is to highlight an area in a financial organization that may be outsourced and prepare an executive summary document that focuses on the cost savings of the outsourcing/contracting process for the business process that I’ve decided to outsource. This analysis will justify my decision for the business process outsourced by the followings: * Establish the preliminary performance targets/level of service that will be required from the selected vendors * Establish the type of
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favorite hub for knowledge process outsourcing (KPO). KPO is an extended arm of businessprocess outsourcing (BPO) whereby KPO includes the process of creating‚ sharing and maintaining of knowledge. Recently a report was published by ASSOCHAM‚ the apex industrial body of India on the KPO sector in India. The report highlighted that earnings of Indian KPO in 2011 was $8 billion and is expected to grow at a rate of 25-27% by the end of the year 2012. Today more and more outsourcing companies are turning
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Study #1 Outline Case Study 1 is a comprehensive assessment of the procurement and contracting process. By the end of your analysis you should have touched on all aspects of the contracting process from plan purchases and acquisition stage through the select sellers phase. Because you are outsourcing multiple business processes you will have to think through each contracting piece for each business unit. For example‚ it may make sense to base your bid selection for the accounting portion off
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outline the outsourcing / contracting process for Travel Magazine. This process will ultimately be used to determine which business processes at Travel Magazine will be outsourced and which will remain in-house. In addition‚ this summary will include various vendor selection considerations‚ such as evaluation criteria and performance measurements‚ for those processes that will be outsourced. GENERAL OUTSOURCING INFORMATION: The following is some general information regarding the outsourcing of business
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Concept Fan Apart from the cost savings‚ outsourcing is seen as a strategic move that can allow businesses to gain a competitive advantage.It certainly has opened up opportunities for organizations to utilize skill sets and expertise that they normally would not be able to access without large investments. Lower costs are perhaps the prime benefit of offshore outsourcing. You can get work done at a fraction of the cost that you would have to spend locally‚ while getting better quality as well
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What according to you is a BPO? BPO stands for Business Process Outsourcing. When a company decides to outsource some of its non-core work processes to another company with expertise in it‚ it is called Business Process Outsourcing. What are the different types of BPOs? BPOs can majorly be divided into following categories based on the jobs they perform: a.) Administrative Department b.) Purchase Department c.) Selling Department d.) Call Centre e.) Back Office Why do companies outsource
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THE BUSINESS PROCESS: A business process is a sequence of steps performed for a given purpose. Based on this generic definition‚ a business process considered within the framework of trade facilitation can be defined as: A chain of logically connected activities to move goods and related information across borders from buyer to seller and to provide related services. * A process has a definite starting point-the time‚ place‚ and point of input. * The input is transformed into output
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Training Report ON GENPACT Submitted to MAHARSHI MARKENDESHWAR UNIVERSITY‚ MULLANA In partial fulfillment of the requirement For the award of the degree of BACHELOR OF BUSINESS ADMINISTRATION (Industry Integrated) (IX trimester) Submitted by SUBHAJIT BISWAS Reg No: - 09-MBM-132 Roll No: - 1209438 Algol School of Management & Technology (2009-2012) Near Hero Honda Chowk‚ Sector - 34‚ Gurgaon‚ Haryana July 2012
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