outsourcing

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outsourcing

verb contracting with outside sources, disposing of, eliminating work, eliminating workers, going outside, hiring outside sources, retaining others, retaining outside sources, subcontracting
References in periodicals archive ?
As this process of local labor arbitrage plays out the net result will be a world with many more consumers having more local currency to spend on products and services that are increasingly more complex.
8220;Where labor arbitrage was a key contributor to the financial impact of outsourcing in the late 90's and early 2000's, technology arbitrage will likely be a key differentiator in an organization's ability to impact financial performance of outsourcing relationships in the future,” said IAOP Chairman Michael Corbett.
Suppliers that fail to fully exploit the labor arbitrage of low-cost labor markets, as well as new technologies, will become the dinosaurs in this new era of high-value outsourcing," Bendor-Samuel added.
Asia: analysis of labor arbitrage sustainability, operating costs, operating cost inflation, arbitrage sustainability and currency trends.
Where labor arbitrage was a key contributor to the financial impact of outsourcing in the late 1990s and early 2000s, technology arbitrage will likely be a key differentiator in an organization's ability to impact the financial performance of outsourcing relationships in the future," said Michael Corbett, chairman of IAOP.
We are seeing that in manufacturing, and it's sequeing into IT, where standardization, the commonality of delivery models, will be global; it'll be the same in India as it is in Dallas, as in China, with the differentiation the labor arbitrage.
Latin America: analysis of labor arbitrage sustainability, operating costs, operating cost inflation, arbitrage sustainability and currency trends.
Krishna added, "Traditional third-party outsourcing relationships based on cost and labor arbitrage have become passe.
Still, with the labor arbitrage price point so low offshore, it may be a risk worth taking--but only if you can successfully create SLAs and terms and conditions that readily accept change.
Five years ago we went with (business process management) BPO primarily for labor arbitrage and our relationship with our supplier (Genpact) has exceeded our aspirations in all dimensions.
Emergence of cloud computing shifted the emphasis in infrastructure services away from low-cost labor arbitrage toward transformation-driven offerings," said Ross Tisnovsky, Senior Vice President of Research at Everest Group.
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