Outsourcing
noun
The act of getting another company or other people to do some of your business's work, rather than doing it within your own company.
To cut down on costs, the company decided to start outsourcing its customer service department.
Often appears as...
- outsource production
- outsource jobs
Usage tips
Business
verb
To assign some of a company's work to outside companies or individuals, instead of doing it in-house.
Many tech companies outsource their coding tasks to freelancers around the world.
Often appears as...
- outsource to india
- outsource to china
Usage tips
Disapproving
Business
noun
The act of getting another company or other people to do some of your business's work, rather than doing it within your own company.
To cut down on costs, the company decided to start outsourcing its customer service department.
Often appears as...
- outsource production
- outsource jobs
Usage tips
Business
verb
To assign some of a company's work to outside companies or individuals, instead of doing it in-house.
Many tech companies outsource their coding tasks to freelancers around the world.
Often appears as...
- outsource to india
- outsource to china
Usage tips
Disapproving
Business
Definition 1 of 2
Pro Tip 1/3Cost Motivation
Outsourcing is often motivated by the desire to save on costs like labor and manufacturing.
To remain competitive, manufacturers often consider outsourcing to regions with lower wages.
Pro Tip 2/3Global Trend
Outsourcing is a global trend, allowing companies to tap into skills and economic advantages overseas.
The consultant recommended outsourcing our IT needs to a specialized firm in Eastern Europe.
Pro Tip 3/3Expertise Access
Companies outsource to gain access to expertise not available internally.
Our small firm outsourced legal work to avoid the cost of a full-time lawyer.
Pro Tip 1/3Cost Motivation
Outsourcing is often motivated by the desire to save on costs like labor and manufacturing.
To remain competitive, manufacturers often consider outsourcing to regions with lower wages.
Pro Tip 2/3Global Trend
Outsourcing is a global trend, allowing companies to tap into skills and economic advantages overseas.
The consultant recommended outsourcing our IT needs to a specialized firm in Eastern Europe.
Pro Tip 3/3Expertise Access
Companies outsource to gain access to expertise not available internally.
Our small firm outsourced legal work to avoid the cost of a full-time lawyer.
Pro Tip 1/3Cost Motivation
Outsourcing is often motivated by the desire to save on costs like labor and manufacturing.
To remain competitive, manufacturers often consider outsourcing to regions with lower wages.
Pro Tip 2/3Global Trend
Outsourcing is a global trend, allowing companies to tap into skills and economic advantages overseas.
The consultant recommended outsourcing our IT needs to a specialized firm in Eastern Europe.
Pro Tip 3/3Expertise Access
Companies outsource to gain access to expertise not available internally.
Our small firm outsourced legal work to avoid the cost of a full-time lawyer.
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Video examples
The deadly genius of...
is through family ties. When they're entering a new market, they send a family member to supervise it, or, if they're partnering with a new organization, they create a family tie, either through marriages or other types of ties. Like any other multinational would, they protect their brand by outsourcing
Video examples
Ken Jennings: Watson,...
And it made me think, what does this mean, if we're going to be able to start outsourcing, not just lower unimportant brain functions. I'm sure many of you remember a distant time when we had to know phone numbers, when we knew our friends' phone numbers. And suddenly there was a machine that did that,
Video examples
India's invisible...
we call outsourcing innovation to Indian companies where many companies today are contracting Indian companies to do a major part of the product development work for their global products which are going to be sold to the entire world for example in the pharma industry a lot of
Video examples
What's your 200-year...
Name it, I'm on it. I've started outsourcing my memory to the digital world, you know? But that comes with a problem. It's so easy to think of technology as a metaphor for memory, but our brains are not perfect storage devices like technology. We only remember what we
Video examples
Yuval Noah Harari...
world and it allowed the immediate sort of outsourcing of a lot of of jobs so that um hundreds of millions of jobs were created in the developing world but they probably displaced tens of millions of jobs in europe and the us and that's and led to this sort
Video examples
How do we learn to work...
and they were peeling learners away from expert work as they did it. Start-up managers were outsourcing their customer contact. Cops had to learn to deal with crime forecasts without experts support. Junior bankers were getting cut out of complex analysis,
Video examples
How Your Memory Works --...
but young people don't sweat them, in part because old age, memory loss and Alzheimer's are nowhere on their radars. And unlike their parents, they don't hesitate in outsourcing the job to their smart phones. Which brings me to an important point.
Video examples
The price of a "clean"...
but from outsourcing firms around the world in order to keep the wages low. Tens of thousands of young people looking at everything we are not supposed to see. And we are talking about decapitations, mutilations,
Video examples
Let's talk about sex -...
because it's a myth. You don't talk to kids about that stuff. It's just so embarrassing. And, hey, maybe that's OK. We've been outsourcing the facts of life for decades. We spend billions of dollars on it.
Video examples
You Can Outsource Pretty...
India's outsourcing industry was worth a hundred and forty six billion US dollars with about 10 million people employed in the IT industry alone
Video examples
The deadly genius of...
is through family ties. When they're entering a new market, they send a family member to supervise it, or, if they're partnering with a new organization, they create a family tie, either through marriages or other types of ties. Like any other multinational would, they protect their brand by outsourcing
Video examples
Ken Jennings: Watson,...
And it made me think, what does this mean, if we're going to be able to start outsourcing, not just lower unimportant brain functions. I'm sure many of you remember a distant time when we had to know phone numbers, when we knew our friends' phone numbers. And suddenly there was a machine that did that,
Video examples
India's invisible...
we call outsourcing innovation to Indian companies where many companies today are contracting Indian companies to do a major part of the product development work for their global products which are going to be sold to the entire world for example in the pharma industry a lot of
Video examples
What's your 200-year...
Name it, I'm on it. I've started outsourcing my memory to the digital world, you know? But that comes with a problem. It's so easy to think of technology as a metaphor for memory, but our brains are not perfect storage devices like technology. We only remember what we
Video examples
Yuval Noah Harari...
world and it allowed the immediate sort of outsourcing of a lot of of jobs so that um hundreds of millions of jobs were created in the developing world but they probably displaced tens of millions of jobs in europe and the us and that's and led to this sort
Video examples
How do we learn to work...
and they were peeling learners away from expert work as they did it. Start-up managers were outsourcing their customer contact. Cops had to learn to deal with crime forecasts without experts support. Junior bankers were getting cut out of complex analysis,
Video examples
How Your Memory Works --...
but young people don't sweat them, in part because old age, memory loss and Alzheimer's are nowhere on their radars. And unlike their parents, they don't hesitate in outsourcing the job to their smart phones. Which brings me to an important point.
Video examples
The price of a "clean"...
but from outsourcing firms around the world in order to keep the wages low. Tens of thousands of young people looking at everything we are not supposed to see. And we are talking about decapitations, mutilations,
Video examples
Let's talk about sex -...
because it's a myth. You don't talk to kids about that stuff. It's just so embarrassing. And, hey, maybe that's OK. We've been outsourcing the facts of life for decades. We spend billions of dollars on it.
Video examples
You Can Outsource Pretty...
India's outsourcing industry was worth a hundred and forty six billion US dollars with about 10 million people employed in the IT industry alone
Example 1 of 10
Quote examples
Jennifer Granholm
American Politician
Our great history has been that people came to Michigan because you didn't have to have a college degree to get a good-paying job. Consequently, we have got a larger number of our population that right now are facing outsourcing, et cetera, without higher or advanced degrees.
Quote examples
Jane McGonigal
American Designer
Positive health means becoming whole-heartedly engaged with our own health care. It means not outsourcing our health to the health care system. It means getting rid of the fear and paralysis we too often feel, and instead cultivating a sense of agency.
Quote examples
Bernie Sanders
American Politician
General Electric, NBC's parent, is one of the largest corporations in the world, with an anti-labor history of outsourcing jobs and with financial links to military and nuclear power industries.
Quote examples
Azim Premji
Indian Businessman
Being in the consumer business helps us groom talent in areas like marketing, finance and logistics. We can benchmark our outsourcing business to our consumer business and its best practices.
Quote examples
Gita Gopinath
Indian Economist
One of the strengths of the U.S. economy is its ability to most efficiently employ resources both domestically and from around the world and outsourcing is one such example of this.
Quote examples
Janet Yellen
American Public Servant
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
Quote examples
James Altucher
American Author
Technology, outsourcing, a growing temp staffing industry, productivity efficiencies, have all replaced the middle class.
Quote examples
Ed Pastor
American Politician
I will support legislation that benefits the American worker and prevents the outsourcing of American jobs.
Quote examples
Stephen Covey
American Educator
Outsourcing is inevitable, and I don't think it's necessarily treating people like things.
Quote examples
Gerald Chertavian
American Businessman
Businesses are no longer receiving the cost savings from outsourcing that they once did.
Quote examples
Jennifer Granholm
American Politician
Our great history has been that people came to Michigan because you didn't have to have a college degree to get a good-paying job. Consequently, we have got a larger number of our population that right now are facing outsourcing, et cetera, without higher or advanced degrees.
Quote examples
Jane McGonigal
American Designer
Positive health means becoming whole-heartedly engaged with our own health care. It means not outsourcing our health to the health care system. It means getting rid of the fear and paralysis we too often feel, and instead cultivating a sense of agency.
Quote examples
Bernie Sanders
American Politician
General Electric, NBC's parent, is one of the largest corporations in the world, with an anti-labor history of outsourcing jobs and with financial links to military and nuclear power industries.
Quote examples
Azim Premji
Indian Businessman
Being in the consumer business helps us groom talent in areas like marketing, finance and logistics. We can benchmark our outsourcing business to our consumer business and its best practices.
Quote examples
Gita Gopinath
Indian Economist
One of the strengths of the U.S. economy is its ability to most efficiently employ resources both domestically and from around the world and outsourcing is one such example of this.
Quote examples
Janet Yellen
American Public Servant
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
Quote examples
James Altucher
American Author
Technology, outsourcing, a growing temp staffing industry, productivity efficiencies, have all replaced the middle class.
Quote examples
Ed Pastor
American Politician
I will support legislation that benefits the American worker and prevents the outsourcing of American jobs.
Quote examples
Stephen Covey
American Educator
Outsourcing is inevitable, and I don't think it's necessarily treating people like things.
Quote examples
Gerald Chertavian
American Businessman
Businesses are no longer receiving the cost savings from outsourcing that they once did.
Example 1 of 10
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