Take the marketing executive in Manhattan, who works with the statistical researcher in Moscow to analyze the behaviors of customer in London. She directs manufacturing in Shanghai to modify production based on the findings – all using the information systems constantly being improved by software engineers in Bangalore.... Call it partnering, teaming, cooperation, or collaboration – just don’t call it outsourcing. Global teamwork is more like it.
Monday, April 16, 2007
First Tennessee plans to outsource some of its processing services including checks, statements, mail processing, and its back-office operations of Prescott-based operations center to WNS. The move is likely to affect the bank's 44 employees in its Prescott (Arizona) center and aims at achieving significant costs savings. About 76 employees of the bank will be affected from the bank's operations in Tennessee and Kentucky. Moreover, some of the affected employees are likely to be placed within the bank.
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