outsourcing

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outsourcing

(business)
Paying another company to provide services which a company might otherwise have employed its own staff to perform, e.g. software development.

outsourcing

(1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.

(2) Contracting with organizations outside your country for work that could otherwise be done by employees within your company. Contrast with insourcing.
References in periodicals archive ?
This is a reversal of a policy in place for the last several years in which the EU discouraged internal production moving manufacturers to rely on low cost imports.
India's tea exports had reportedly fell 19 percent in volume in January-May, as firm domestic demand and low internal production weighed.
The Higher Planning Commission, in a report issued Saturday, said that during the past decade, internal production growth was up by a third.
Freudenberg Politex has started up a cogeneration plant in Novedrate, Italy for the internal production of thermal and electric energy.
Company's Model C1-2 Spirofil Bulk Bag Filler is ideal for filling bags by weight whether for internal production requirements or to meet NTEP approval for re-sale, with a load-cell mounted weigh platform and filling rates of up to 20 bags per hour with integral roller conveyors and other options that allow further automation of the system.
He said expectations for this year tax collection would be determined by not only internal production and monetary and economic conditions but also Iraq's security situation.
Mailers can now read IMB or other symbology for each mail piece produced through an inserter, inkjet printer, or other internal production process.
This statement clearly suggests Russia cannot keep up with either of the two demand curves, let alone with both, from Russia's internal production alone.
Written by a pair of experts in aviation, Mikoyan Gurevich MiG-21 Fishbed includes in-depth coverage of all MiG-21 upgrades and variants, information on combat and armament specifications, technical diagrams, an extensive development history, discussion of the plane's structural detail and internal production, and much more.
EMS facility with a strong material procurement arm was less expensive than internal production in Mexico for some product lines.
Arecent Defense Department contract to acquire more than 1,000 "mine-protected" armored vehicles for the Iraqi Army has prompted the manufacturer to both expand its internal production capacity and seek outside help.
The builders are not named, while a couple of major builders declined comment about their internal production.