Given the speed of change in technology, businesses often struggle to keep up. Ignoring the developments and trying to ‘make do’ with old technology can frustrate users and, certainly, if your software solutions are in the market, consumers will definitely suffer and are likely to abandon your products and stop using your services.
The Gujarat State Forest Development Corporation Limited (GSFDC) in India is affiliated with the National Agriculture Commission (NAC) and works to eliminate the private trade used by forest dwellers in India to derive profit from the collection of Minor Forest Produce and to protect the economic interest of tribal cultures and other constituents.
When you engage an offshore service provider, you must predict measurable results and achievements in order to justify the cost of acquiring the service. Ideally, the value of the service should exceed, or at the very least, be equal to, the monetary investment. If the value of a service or product is particularly unique, the organization may be willing to pay more for that service or product. This document includes some recommended value factors for your consideration. We have also included two approaches to analyze vendor value. One is a ‘risk’ assessment and the other is a ‘weighted value’ assessment. You may use one of these two methodologies to calculate the value of a vendor service offering versus the quoted cost or fee.
