Outsourcing Offshoring

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Aracely H


Date added:

March 28, 2016








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For example, some U.S. companies shifted production to factories in Mexico. Off shoring of physical products then moved to other low-cost locations such as China, India, the Philippines, and Eastern Europe. In addition offshore outsourcing is the practice of hiring an external organization to perform some business functions in a country except the one where the products or services are actually developed or manufactured...
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There are four basic types of offshore outsourcing, which include ITO, BPO, Software R&D and KPO. ITO has to do with information technology outsourcing, BPO means business process outsourcing and Software R&D has to do with software research and development. Finally KPO means knowledge process outsourcing and has to do with performing investment research on stocks and bonds, handling the accounting functions for a business or executing engineering design projects...
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