{"id":1563,"date":"2011-01-18T14:01:00","date_gmt":"2011-01-18T14:01:00","guid":{"rendered":"http:\/\/localhost\/projects\/horsesforsources\/latam_011811\/"},"modified":"2011-01-18T14:01:00","modified_gmt":"2011-01-18T14:01:00","slug":"latam_011811","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/latam_011811\/","title":{"rendered":"Latin America: The Next Sourcing Frontier or an Afterthought?"},"content":{"rendered":"

When our COO Esteban Herrera<\/a><\/strong> joined us last year, we definitely got more than we bargained for\u2026 try a fluent Spanish and Portuguese speaker with a deep working knowledge \u00a0and affinity of the assortment of cultures south of the border. <\/strong><\/p>\n

<\/strong>Yes, there’s more to Esteban than merely a sourcing consultant sporting a painful grin after 14 consecutive hours of negotiations.\u00a0So who better to examine Latin America, the Gigante Durmiendo<\/em> of outsourcing. He’s written a great RAPIDInsight<\/a> on the promise (and realities) of Latin America as a sourcing destinations, so let’s hand you over to Esteban to give you the 411…<\/p>\n

Latin America: The Next Sourcing Frontier or an Afterthought?<\/span><\/strong><\/p>\n

I\u2019ve been encouraged to see many providers paying more than lip service to Latin America as a region for growth and business opportunity. <\/strong><\/p>\n

\"\"<\/a><\/p>\n

Sourcing to LatAm: reaching new heights?<\/p>\n<\/div>\n

Previously the un-loved stepchild of the outsourcing geographies, Latin America does hold promise for those who approach it the right way\u2014and there is more than one right way to approach it.<\/p>\n

\n

I have a personal soft spot for the region, since I got my start in offshoring managing service delivery from Brazil and Mexico before the word \u201coffshoring\u201d came to mean what it does today. I had a great time personally, but still to this day I have yet to find a more creative technical team than the one I led in Brazil, or a harder-working team than the one I was privileged to lead in Mexico. I could tell great stories about the quality of work I managed in Argentina, Colombia, and Costa Rica as well.<\/p>\n

But you no longer have to take my word for it.<\/p>\n

There are hundreds of multi-nationals and service providers delivering back office support from Latin America. A good friend who runs F&A BPO for a provider recently confessed that they had lost a number of deals because they could not adequately support their global clients\u2019 Latin American needs.<\/p>\n

I doubt the region can catch up to the Asian powerhouses in scale, but there are a number of value creating approaches to Latin American outsourcing\/near-shoring that are proving successful. You can read about them, as well as the region\u2019s advantages and challenges in our latest RAPIDInsight: Latin America: The Next Sourcing Frontier or an Afterthought?<\/p>\n

Read the HfS RAPIDInsight Latin America–The Next Sourcing Frontier or an Afterthought?<\/a><\/strong><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

When our COO Esteban Herrera joined us last year, we definitely got more than we bargained for\u2026 try a fluent…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,81,95],"tags":[495],"ppma_author":[19],"yoast_head":"\nLatin America: The Next Sourcing Frontier or an Afterthought? - Horses for Sources | No Boundaries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.horsesforsources.com\/latam_011811\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Latin America: The Next Sourcing Frontier or an Afterthought? - Horses for Sources | No Boundaries\" \/>\n<meta property=\"og:description\" content=\"When our COO Esteban Herrera joined us last year, we definitely got more than we bargained for\u2026 try a fluent...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.horsesforsources.com\/latam_011811\/\" \/>\n<meta property=\"og:site_name\" content=\"Horses for Sources | No Boundaries\" \/>\n<meta property=\"article:published_time\" content=\"2011-01-18T14:01:00+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.horsesforsources.com\/wp-content\/uploads\/2011\/01\/Hand-of-God.jpg\" \/>\n<meta name=\"author\" content=\"Phil Fersht\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@pfersht\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Phil Fersht\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.horsesforsources.com\/latam_011811\/\",\"url\":\"https:\/\/www.horsesforsources.com\/latam_011811\/\",\"name\":\"Latin America: The Next Sourcing Frontier or an Afterthought? 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