Outsourcing
is the process of contracting a business function to someone else. It is
sometimes confused with off shoring, though a function may be outsourced
without off shoring or vice versa. The opposite of outsourcing is called
vertical integration or in sourcing.
Of
recent concern is the ability of businesses to outsource to suppliers outside
the nation, sometimes referred to as outscoring or offshore outsourcing. In
addition, several related terms have emerged to grasp various aspects of the
complex relationship between economic organizations or networks, such as near
shoring, multisource and strategic outsourcing.
There are several different kinds of outsourcing, based on
the nature of work outsourced. As we saw earlier, some companies tie up with
service providers for narrow functions. However it is also common these days to
outsource entire operations. This type of outsourcing can be placed in two
broad categories, namely Information expertise Outsourcing (ITO) and Business
Process Outsourcing (BPO). Business process outsourcing can again be sub
divided into call centre outsourcing, human resources outsourcing (HRO),
finance and accounting outsourcing and claims processing outsourcing.
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Freelancer Marketplace "Freelancer" - tutorial Part 1
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Freelancer Marketplace "Freelancer" - Part of tutorial
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Freelancer Marketplace "Freelancer" - tutorial Part 3
Topic Freelancer of all the contacts
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Freelancer Marketplace "Freelancer" - tutorial Part 4
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Freelancer Marketplace "Freelancer" - tutorial Part 5
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Freelancer Marketplace "Freelancer" - tutorial Part 6
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Freelancer Marketplace "Freelancer" - tutorial Part 7
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Freelancer Marketplace "Freelancer" - tutorial Part 9
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Freelancer Marketplace "Freelancer" - tutorial Part 10
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Freelancer Marketplace "Freelancer" - tutorial Part 11
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