In today's tight labor market, it can be suggested that labor shortages assist in defining the revenue potential of the firm.  Few organizations have efficiently optimized work requirements to the vast global workforce potential.  For instance, work requirements for call centers have once been offshored to workforces that had little understanding of US Western customs and language.   While money was saved, valuable customer relationships were lost.

Sequence Laboratories seeks to match the work itself to the available global labor pool that is best suited to support the work while optimizing favorable outputs.  Whether the work includes coding, bio research, data analytics, customer support, cloud development, security specialists, or project management, exigent labor markets exist that thrive in supporting Western firms.  Most notably, when designed and matched with great care, workers in these labor pools remain with the firm far beyond the average US worker tenure whether the worker is a full time employee or a contractor.  

Advantages of global labor sourcing include a vast increase in the available labor to perform your work, leveraging lower cost labor pools, improving worker average tenure, and providing new market inroads vis a vis the new labor pool cultural knowledge.  Don't expect the normal from Sequence Laboratories - our matched labor pools can include towns in small Eastern European countries to large cities in Asia.  

Finding good materials suppliers globally can be a challenging task, but there are several methods that businesses can use to identify and select reliable and high-quality suppliers. 

Conducting market research: Before starting the search for a materials supplier, businesses should conduct market research to identify potential suppliers and understand the market landscape. In today's world, a two person storefront can look like a multibillion dollar enterprise.  Sequence Laboratories leverages artificial intelligence, investigative methods, and personal interviews with suppliers to screen for optimal relationships.

Develop a supplier selection criteria: Businesses should develop a set of criteria for selecting suppliers, which can include factors such as quality, reliability, cost, location, and compliance with regulations. This can help to ensure that suppliers meet the specific needs and requirements of the business.

RFI and RFP management: Sequence Labs can assist your firm in using an RFI or RFP process to solicit information from potential suppliers, including details about their products, services, and capabilities. This can help to evaluate suppliers and compare their offerings.

Conducting supplier audits and site visits: Before making a final decision, Sequence Labs can conduct site visits and audits to evaluate suppliers' facilities, quality control processes, and compliance with regulations. This can help to ensure that the supplier is reliable and meets the business's standards.

Establish a supplier cooptation strategy: Once a supplier has been selected, it is important to establish a supplier relationship management program to ensure that the supplier meets the business's ongoing needs and expectations. This can involve regular communication, performance monitoring, and continuous improvement efforts.

Overall, finding good materials suppliers globally requires careful research, selection, and management processes. By using Sequence Labs strategies, businesses can identify and work with reliable and high-quality suppliers that can help to support their success and growth.

Outsourcing refers to the practice of contracting out a business process or service to a third-party provider, often located in a different country, with the aim of reducing costs, increasing efficiency, and improving overall performance. While potential benefits exist, risks are difficult to manage without the specific types of skills that Sequence Laboratories offers.

The benefits of outsourcing can include cost savings, Increased efficiency, improved quality, higher available expertise pools, access to talent, and flexibility.  While these benefits are attractive motivators for offshoring, it is rare that many of these benefits are actually achieved after a sober post migration analysis and review. 

Often, firms will engage internal management that has little experience in the very difficult process to select suppliers, address quality concerns, evaluate communications and customs barriers, evaluate security concerns, determine the regulatory environment, FOREX and payment systems and risks - all while keeping multiple stakeholders satisfied and motivated to achieve results.

Sequence Laboratories believes that all outsourcing agreement must achieve all potential benefits while minimizing risks.  This involves much more than evaluating suppliers – it is a corporate culture change that will support a new partnership of equals between the firm and the precise outsourcing partner that best meets the needs of the firm and its customers. 

In summary, outsourcing can provide significant benefits in terms of cost savings, efficiency, and access to talent. However, it also involves risks such as quality concerns, communication barriers, security risks, dependency on third-party providers, and legal and regulatory risks. Most companies have failed in outsourcing projects because they do not possess the internal talent to shape the outsourced relationship to succeed.  Let Sequence Laboratories assist your firm in outsourcing activities.