outsourcing


Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.

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 ?
- How to prepare for challenges and difficulties that peers have encountered when using contract manufacturers through various outsourcing models
The Central Bank will hold an outsourcing industry conference in Q1 2019.
Banks are required to apply more rigour and diligence when outsourcing basic works, given the more serious consequences if the arrangement results in non-delivery of services.
IDC's 'United Arab Emirates and Saudi Arabia BPO Market Size and Forecast, 2015-2021' report points out that the spend on local business outsourcing has grown by 11.7 percent -- from $324 million (AED1.19 billion) in 2016 to $363 million (AED1.33 billion) in 2017.
All new outsourcing arrangements by FIs shall be governed under this framework.
Outsourcing organizations process nearly 2,500 sales orders per FTE at the median, whereas organizations that do not outsource process fewer than 2,000 sales orders per FTE.
Outsourcing of testing services, operations activities growing
The competitive economy of healthcare and the complexity and necessity of providing high-quality services have required healthcare organisations to use new managerial and organisational tools and approaches, with organisational restructuring and outsourcing being among the most effective ones which can be considered an improvement strategy.1 This implies that others' knowledge, experience, and available equipment can be used and organisation should pay only for current expenditure.2
“We are happy to be on the list of the best outsourcing companies again.
The market for the service providers of outsourced services is growing rapidly and concurrently HR outsourcing has evolved from only having a single source, to a situation where multiple service providers can be easily contracted to satisfy the difference needs of the organizations (Lilly et al.
In Summer 2000, MIT Sloan Management Review published a report calling innovation outsourcing "the new engine of growth." By 2005, Bloomberg Businessweek could report on innovation outsourcers as "the vanguard of the next step in outsourcing." Consumer electronics firms were leading the way, outsourcing the design of entire products to companies whose names consumers would never know--companies like Wipro Technologies, HTC, and Flextronics.