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Outsourcing is the practice by which one business subcontracts services or products from another business. When products or services are outsourced, the process of their production is transferred to the subcontractor, potentially leaving the parent company ignorant of how their goods and services are being produced.
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Fast Facts
- Responsibility for production is transferred to the subcontractor
- Can greatly lower production costs
- "Offshoring" refers to outsourcing to companies located abroad
- Increased free trade allows for more outsourcing
- "Outsourcing" became part of business vocabulary and practice during the 1980s
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Quotes
"Most of the research and paperwork for large American corporates are being done in India."—Russell Smith, President and Chairman of SDD Global SolutionsThe Hindu Business Line: US corporates outsource legal work to India (June 16, 2007) "Contrary to the popular angst that "our best jobs" are going overseas, the best jobs appear to be staying here...Just as the free traders predict, we are swapping less skilled and lower paying jobs for relatively higher skilled and better paying jobs."— Dan Griswold, Center for Trade Policy Studies, Cato Institute Free Trade Bulletin: Why We Have Nothing to Fear from Foreign Outsourcing (March 10, 2004) -
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Managed Since: 06/12/2009
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Managed Since: 06/12/2009
Views: 26
Money Earned: M$0.00
Page revenue is subject to change as we obtain data from our partners
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The Mahalo Top 7
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Outsourcing Center: What is Outsourcing?
outsourcing-faq.com -
CATO Institute: "Why We Have Nothing to Fear from Foreign Outsourcing" (2004)
freetrade.org -
Wikipedia: Outsourcing
en.wikipedia.org -
Google News: Outsourcing
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Google Video: Is Outsourcing Profitable? (Time 56:23)
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Sensitive tax work may go abroad as HMRC seeks to cut outsourcing costs
computerweekly.com
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Outsourcing Center: What is Outsourcing?
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Outsourcing on Twitter Powered by Twitter
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When it comes to outsourcing, Goodwill and endurance counts! For your php outsourcing needs visit http://tr.im/tsfE!!
@phpsite | November 10, 2009 11:09 PM -
RT condinet Another 10 Great Design Blogs | Freelancing and Outsourcing Tips ...: A while ago oDesk .. http://bit.ly/1e7Rts
@jerryharris01 | November 10, 2009 11:07 PM -
RT condinet Another 10 Great Design Blogs | Freelancing and Outsourcing Tips ...: A while ago oDesk .. http://bit.ly/1e7Rts
@gadzoox_f | November 10, 2009 11:06 PM -
RT condinet Another 10 Great Design Blogs | Freelancing and Outsourcing Tips ...: A while ago oDesk .. http://bit.ly/1e7Rts
@bestzoox_r | November 10, 2009 11:06 PM -
RT condinet Another 10 Great Design Blogs | Freelancing and Outsourcing Tips ...: A while ago oDesk .. http://bit.ly/1e7Rts
@zayrius | November 10, 2009 11:06 PM
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Outsourcing on Amazon | View All
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The Outsourcing Handbook: How to Implement a Successful Outsourcing Process - $55.00
Outsourcing is now increasingly used as a competitive weapon in today's global economy. The Outsourcing Handbook is a step-by-step guide to the whole outsourcing process. It looks at key factors in the success of a project as we...
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The Black Book of Outsourcing: How to Manage the Changes, Challenges, and Opportunities - $37.95
Revised for 2009 and beyond, The Black Book of Outsourcing is a comprehensive guide and directory for the evolving field of outsourcing, including expert advice on how to operate an outsourcing program. Valuable governance...
Amazon -
The Black Book of Outsourcing: How to Manage the Changes, Challenges, and Opportunities - $37.95
Revised for 2009 and beyond, The Black Book of Outsourcing is a comprehensive guide and directory for the evolving field of outsourcing, including expert advice on how to operate an outsourcing program. Valuable governance...
Amazon -
Outsourcing Sovereignty: Why Privatization of Government Functions Threatens Democracy and What We Can Do about It - $20.99
Reliance on the private military industry and the privatization of public functions has left our government less able to govern effectively. When decisions that should have been taken by government officials are delegated (wholly or in par...
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Outsourcing America: The True Cost of Shipping Jobs Overseas and What Can Be Done About It - $14.95
The True Cost of Shipping Jobs Overseas and What Can Be Done About It Ron Hira and Anil Hira, with a Foreword by Lou Dobbs One of the most controversial topics in the news is the outsourcing of American jobs to other countries. Outsourced...
Amazon
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Questions and Answers About Outsourcing | View All | Ask a Question
View All Outsourcing Questions (36) | Ask a QuestionHas Outsource call centers improved performance? (1 Answer)While I'm sure outsourcing is helpful for big corporations looking to save some money, I think in some cases it can hurt them, and along the way impact their performance ... read moreWhat are the best firms in India to outsource spreadsheet creation and management? (2 Answers)The "best firm" for anything depends on your requirements, and also how much you're willing to pay. If you are a small firm with fairly simple requirements and a small ... read moreIs it cheaper/effective to hire an employee for telesales or outsource it to telesales company? What good telesales companies are out there? (3 Answers)1. The pace of outsourcing to India has slowed, but still remains a general trend. India labor pool are skilled and education and young. The three attractive elements appealing to ... read more
Ask a Question about Outsourcing 140 characters
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Outsourcing Satire and Humor
- The Internet Weekly: Outsourcing Satire, Photo Cartoon and Humor Archive
- The Onion News Network: Many U.S. Parents Outsourcing Child Care Overseas (Time 01:21)
- YouTube: The Simpsons: India Outsourcing (Time 07:28)
- MetaCafe: Burger King Outsourcing (Time 02:50)
- Information Technology Blog: IT Outsourcing Humor (2006)
- U.N. Observer: "U.S. Outsourcing the Presidency (Satire?)" (2006)
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