verb
definition
To transfer the management and/or day-to-day execution of a business function to a third-party service provider.
example
They decided to outsource the design and manufacture of the system to a vendor.
noun
definition
The transfer of a business function to an external service provider.
Examples of outsourcing in a Sentence
Outsourcing is the delegation of operational tasks a small business owner either doesn't have time to do, or lacks the staff to properly perform, to a third party service provider specializing in that operation.
Accenture is a global management consulting, technology services and outsourcing company.
But outsourcing to pollute, oppress workers, or have unsafe working conditions hurts the world's standard of living.
Explore the idea of getting a discount from a supplier if you buy in bulk or consider outsourcing to independent contractors instead of hiring employees for your business.
The competition for programmer positions is high and with the use of outsourcing, it can be tough to stay marketable and valuable to employers.
The OR command can be shortened to a vertical bar (| ), as in [outsourcing Bombay | mumbai] .
Outsource, which will retain editorial independence, will address all areas of the outsourcing conundrum.
Companies should have their sights set on long-term business transformation rather than just using outsourcing as an operational tactic to achieve short-term monetary gain.
While the accountants can applaud outsourcing staff jobs to India f rom a security standpoint it's a really bad idea.
Sister company, Financial telemarketing Services Ltd, provides telemarketing and outsourcing to leading Banks, Building Societies and Finance Houses.
Margins in liquid sorbitol improved following last year 's outsourcing of manufacture.
While the accountants can applaud outsourcing staff jobs to India f rom a security standpoint it 's a really bad idea.
Sister company, Financial Telemarketing Services Ltd, provides telemarketing and outsourcing to leading Banks, Building Societies and Finance Houses.
However, as loyalty to one company, outsourcing, and quick wealth (much of it via the real estate market and investment banking) become the new norm, so too did "causal Friday's".
Before a business decides whether to have some tasks performed by workers in another location, it will need to consider the disadvantages of outsourcing.
The business has to be able to trust that their outsourcing partners, whether they are individuals or other businesses, will be able to deliver the product or service as agreed.
The outsourcing business may suffer severe consequences if the outsourcing partner does not have sufficient staff to perform the work or runs into financial difficulties.
Another disadvantage to outsourcing is how the outsourcing company may be perceived by the public at large.
Any business needs to weigh the disadvantages of outsourcing very carefully before deciding to proceed with this course of action.
Companies will want to consider the advantages of outsourcing before deciding to take this step.
When a company starts outsourcing, it must break down duties into smaller tasks.
Instead of seeing outsourcing as a negative trend, perhaps what is needed here is to see it as something that will create new opportunities for workers instead.
There are many benefits associated with outsourcing part of your company's sales function.
You pay the outsourcing company and they handle the interviewing, hiring, training, and even firing when necessary-plus the payroll.
The downsides of outsourcing may even be a non-issue, depending on the standards of the company you choose.
If you've decided you want to give sales outsourcing a try, you may still not know where to start looking for a third party provider to make cold calls for you.
Having background in a specific area, such as finance, mortgages, etc, makes you a more favorable candidate for certain outsourcing companies.
If sales representative outsourcing jobs are sounding better to you by the minute, here's a list of job duties that the positions may involve.
More and more companies are outsourcing their sales work.
Frugal living experts often frown upon outsourcing household chores, but paying for a weekly cleaning service may be the best choice if it frees up time for you to work extra hours at your day job.
Outsourcing and temps will remain the norm as companies struggle to stay competitive and deal with bloated benefit programs not designed to compensate for longer-lived American workers.
Outsourcing becomes one alternative of divestiture.
But even outsourcing will not offset the damage a business will suffer when it downsizes.
Outsourcing makes sense from a time management view.
Manufacturing costs can be reduced through outsourcing to a firm that specializes in manufacturing.
In fact nearly every department you now have can benefit from some form of outsourcing, and you'll benefit from the reduced costs and increased efficiency.
If that's the case, keep these tasks and consider outsourcing the rest.
Rather than spending the time to gain the knowledge needed and constantly update on changing tax laws, outsourcing these functions makes sense.
Outsourcing some of your manufacturing process does offer you reduced costs.
If you have any doubts about this aspect of outsourcing, it's better to maintain an in-house sales staff who can have a better pulse on your business.
Offshore outsourcing has become a hotly debated issue as more and more U.S. companies turn to it as a way of saving money with offshore production or gaining technical skilled and lower cost workers.
Layoffs often accompany outsourcing decisions, further adding to the debate.
Using offshore outsourcing saves funding to fuel development projects that would have been unaffordable, allowing the small business entrepreneur to compete in a world of corporate giants.
One of the problems of outsourcing offshore is managing a talent pool that you never see, relying instead on offshore managers to do the tasks.
If handling an e-mailing in-house and not via outsourcing, this step is a must.
Are you considering outsourcing some or all of the spring cleaning work that needs to be taken care of at your house?
There are quite a few apparent advantages to outsourcing your site optimization overseas, aside from the price.
Margins in liquid sorbitol improved following last year's outsourcing of manufacture.
There is a sense of continuity that the company cannot achieve when it decided to use outsourcing as a business strategy.
Sales representative outsourcing is a great way to keep your own, small sales team busy with face-to-face current and potential customers while leaving the dirty work (cold calling) to a sales team at another location.