outsourcing


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out·source

 (out′sôrs′)
tr.v. out·sourced, out·sourc·ing, out·sourc·es
1. To delegate (a task, function, or responsibility) to an independent provider: "Most retailers outsource the bulk of their manufacturing to Third World countries, where labor is dramatically cheaper" (James Surowiecki).
2. To relocate or transfer (jobs) to another labor market: "Although the absolute number of jobs outsourced from developed countries to China remains small, the threat that firms could produce offshore helps to keep a lid on wages" (The Economist).

outsourcing

(ˌaʊtˈsɔːsɪŋ)
n
1. (Commerce) the act of subcontracting (work) to another company
2. (Commerce) the act of buying in (components for a product) rather than manufacturing them
Translations
outsourcing

outsourcing

[ˈaʊtsɔːsɪŋ] N (Comm) [of labour] contratación de mano de obra que no pertenece a la empresa
the outsourcing of componentsla adquisición de componentes de fuentes externas

outsourcing

[ˌaʊtˈsɔːrsɪŋ] n [work] → externalisation f

outsourcing

n (Econ) → Auslagerung f, → Outsourcing nt
References in periodicals archive ?
The "Development and Commercial Manufacturing Outsourcing Models" report has been added to ResearchAndMarkets.com's offering.
Minister of Employment, Labour Productivity and Skills Development, Mr Tshenolo Mabeo has told Parliament that there are no monitoring mechanisms on outsourcing of services by businesses in Botswana.
IC tightens rules on outsourcing !-- -- Lawrence Agcaoili (The Philippine Star) - February 3, 2019 - 12:00am MANILA, Philippines The Insurance Commission (IC) has banned insurance providers from outsourcing functions or business processes that are directly related to doing or transacting business to protect the public.
In order to improve operational efficiency, companies opt for services like human resource outsourcing in which the company that requires trained professionals, hire employees from firms providing such resources by having a service level agreement where both the groups mutually agree to the services that the resource will provide.
424 B.C.S / 34720 -- the SAMA Rules of Outsourcing Processes.
Summary: Dubai Internet City's executive director Ammar Al Malik has lauded the importance of IT outsourcing services in the UAE.
KARACHI -- State Bank of Pakistan (SBP) on Tuesday revised the 'Guidelines on Outsourcing Arrangements' with the objective to enable Financial Institutions (FIs) including Banks, Microfinance Banks and Development Finance Institutions to effectively manage the potential risks associated with outsourcing arrangements.
In recent years we have witnessed an expansion of the biopharmaceutical manufacturing outsourcing market, as contract manufacturing organizations (CMOs) have begun actively scouting and integrating new technologies that position themselves as sophisticated partners willing and able to take on high-value activities.
Objective: To determine the level of managers' propensity for outsourcing the services in hospitals using decision- making matrix.
Austin, TX, February 19, 2014 --(PR.com)-- Itransition, an outsourced software development vendor providing full-cycle IT services, is honored as the 2014 Global Outsourcing 100[R] company, and is yet again on the list of the world's best outsourcing company providers and advisors by the International Association of Outsourcing Professionals[R] (IAOP[R]).