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Business Process Outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a second-party service provider. Originally, this was associated with manufacturing firms, such as Coca-Cola that outsourced large segments of its supply chain .
The university was bifurcated into the Mahamaya Technical University and Gautam Buddha Technical University as of 1 May 2010 for better management of education in the state. On 1 May 2013, the Uttar Pradesh government decided to merge GBTU and MTU to bring back the original form of UPTU.
The BPO industry in the Philippines generated $26.7 billion in revenues in 2020, [212] while around 700 thousand medium and high skill jobs would be created by 2022. [ 213 ] In 2015, official statistics put the size of the total outsourcing industry in China, including not only the BPO industry but also IT outsourcing services, at $130.9 billion.
In August 2014, the Philippines hit an all-time high for employment in the BPO industry. From 101,000 workers in 2004, the labor force in the industry grew to over 930,000 in just the first quarter of 2014. [7] Growth in the BPO industry continues to show significant improvements with an average annual expansion rate of 20%.
Banking business process outsourcing or banking BPO is a highly specialized sourcing strategy employed by banks and lending institutions to facilitate the business acquisition and account servicing activities linked with the customer lending lifecycle.
As of 2021, revenue of Indian BPO industry was estimated at US$ 38 billion. [2] Government of India has launched India BPO Promotion Scheme (IBPS) as part of Digital India initiative to encourage job creation in Tier-2 and Tier-3 cities. [3] [4] India's BPO Industry handles 56% of the world's business process outsourcing.
A statement of work (SOW) is a document routinely employed in the field of project management.It is the narrative description of a project's work requirement. [1]: 426 It defines project-specific activities, deliverables and timelines for a vendor providing services to the client.
R.D. Engineering College Research Center, Duhai 40 792 Institute of Advanced Management and Research 41 796 Adhunik College of Engineering, Duhai 42 797 Adhunik Institute of Productivity Management and Research 43 802 Nitra Technical Campus 44 820 Ajay Kumar Garg Institute of Management 45 826 Sanskar College of Architecture & Planning 46 834