As we embark on a New Year, many of us will establish resolutions or goals in our personal lives. The New Year also tends to motivate some to even set professional goals or set goals for their businesses. Setting a goal of losing weight, making more sales, or being more profitable can be great, however, the key to any of these are the tactics on how you achieve it.
When considering operations, many businesses are challenged to help reach goals of more profitability, lower overhead, reduced personnel expense, or others that place an emphasis on reducing or keeping costs low. This can be frustrating for managers as at some point the “do more with less” mindset can feel like a need for superpowers.
Operational managers in businesses with clerical work can explore the idea of partnering with an outsourcing firm that can actually result in feeling like you are doing less work with more resources. Many companies will find that partnering with an outsourcing firm both lowers cost and increases peak time support. How is this? Instead of having a flat personnel cost and a flat amount of production, when you partner with an outsourcing firm your cost fluctuates with your production demand, which results in lower overall costs but faster turn times. You only pay for the services when you need them but also have access to more employees when times are busy.
As we start a New Year it is a great time to evaluate how you do business. Don’t just set goals but explore solutions to your biggest needs and enact new tactics to be successful.