What is Outsourcing - Definition




Outsourcing
Knowledge Center

Translate

Best Practices
83
omar bekhiet
accounting manger, Egypt

What is Outsourcing - Definition

Is the management or day-to-day execution of an entire business function by a third-party service provider. Outsourced services may by provided on or off premises in the same country, or in a separate country.
Outsourcing enables a company to focus on its core business rather than having to be concerned with marginal activities.
 

Rating

 
2
Tarek Kazma, Lebanon
 

What is Outsourcing?

Outsourcing is composed of two words, "out" and "source".
Out refers to away from, and
source is supply.
So its one of the methods that huge companies rely on when they need outside help in employment, management, development... This will actually reduce cost, focus on core business, implement new ideas from outsiders...

 
2
D P BABU
Strategy Consultant, India
 

Outsourcing Definition

Outsourcing is purchasing services on a package basis. The contract urges on financial terms rather than any other relationship.

 
0
sebb
Management Consultant, Germany
 

The Meaning of Outcourcing

@Tarek Kazma: Outsourcing comes from "outside resource using". ;).... Sign up

   

More on Outsourcing:
Summary
Discussion Topics
🥇 When to Outsource Innovation?
🥈 Public Services Outsourcing
🥉 Incentivised Outsourcing Contracts
👀What is Outsourcing - Definition
How to Maintain Control in Outsourcing (jobwork)
Shared Services Models and Theories
Pricing of Outsourcing
Outsourcing Customer Services
Disadvantages of Outsourcing
How to Estimate Loss of Intellectual Property in Case of Outsourcing
What is Integral Outsourcing?
Combining Outsourcing with the Wisdom of the Crowd: Crowdsourcing
🔥 Service Transition Management (Outsourcing)
Special Interest Group

Do you know a lot about Outsourcing? Become our SIG Leader

Outsourcing
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.1 - Last updated: 2-6-2023. All names of their owners.