outsourcing

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This encompasses IT outsourcing, applications services and business process outsourcing (BPO).

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Definitions (1)

Toggle American Heritage definitions American Heritage Dictionary (1)

  1. noun The procuring of services or products, such as the parts used in manufacturing a motor vehicle, from an outside supplier or manufacturer in order to cut costs.

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Examples (50)

  • He estimates outsourcing translates into a 3 to 5 percent cost savings after factoring in qualification, follow-up, audit, supplier set-up and travel expenses.
  • The opposite is called outsourcing which is going on today.
  • But it is not clear whether this has been because the outsourcing has been the cause of customer disgruntlement or whether the shift to more competitive manufacturing facilities has simply been too slow to help the firm face up to cheaper Asian rivals. —  BBC News | News Front Page | World Edition
  • Or companies with their outsourcing, which is cheaper for them, but results in unemployment being paid out to Americans who lose their jobs. —  FlickFilosopher.com
  • You are arguing against outsourcing which is not quite related to this article. —  Original Signal - Transmitting Digg
 

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