MicroSourcing® is a new and innovative form of strategic sourcing that streamlines resource planning while reducing costs. MicroSourcing® is a 3–5-year initiative where in Wise Men partners with its Client to foster and helps in managing production support and development costs. By implementing MicroSourcing®, our clients achieve long-term sourcing to execute critical operational activities and at the same time administering sustainable knowledge management processes. Competitive pricing and delivery from a single vendor are added perks of MicroSourcing®’s business advantages.
As organizations require more project-oriented outsourcing, MicroSourcing® comes as a natural next. MicroSourcing® is not about SLAs or multi-party agreements; it is about “long term” sourcing, which often requires taking initiative to deliver successful results. Resource planning and cost reduction are the needs of the hour for all organizations, and MicroSourcing® addresses this very challenge by providing your team with leverage over traditional sourcing.
MicroSourcing® accommodates ongoing production and operational support to your business via a “core” team who work alongside the client’s team and the “core” team is managed by the clients’ employees. Our MicroSourcing® options include a “flex” team which provides operational and IT support, and is also managed by client and employees
The strategic focus of our MicroSourcing® Practice includes:
- Create cost savings centers
- Maintain a high level of SLAs
- Maintain high security levels
- Easier access to the Wise Men talent pool
- Shorter ramp up and ramp down cycles
- Reduce ongoing operational costs
- Increased focus on innovation
- Knowledge management
- Wise Men’s focuses on customer outcomes