What are the major types of outsourcing?

What are the major types of outsourcing?

What are the major types of outsourcing?

Types of outsourcing

  • Local outsourcing (choosing a company in your own country);
  • Offshore outsourcing (finding a team somewhere in Asia, for example, in India);
  • Nearshore outsourcing (a company in a country that is not far from yours, like in Eastern Europe, if you are located in Western Europe).

What are examples of outsourcing?

Some examples of companies that outsource include:

  • Google. Google started as a simple search engine but has since become a massive organization offering hardware and software services in addition to its advertising services with employees distributed around the world. ...
  • Alibaba. ...
  • WhatsAp. ...
  • Basecamp. ...
  • Skype. ...
  • Slack. ...
  • GitHub. ...
  • Opera.

Which is best example of outsourcing?

An example of outsourcing is an American company opening a factory in China and hiring Chinese workers.

What is outsourcing in simple words?

Outsourcing is a business practice in which a company hires a third-party to perform tasks, handle operations or provide services for the company. ... Companies can outsource entire divisions, such as its entire IT department, or just parts of a particular department.

What kind of outsourcing do you need to know?

Aside from knowing and understanding what is outsourcing from both outsourcing jobs definition and how it works, it is also necessary to have an idea of the different types of outsourcing. Business Process Outsourcing is the most common type of outsourcing. It refers to contracting any business process to a third-party service provider.

What are the different types of offshore outsourcing?

You will find out a little bit later in this article. For now we would like to clarify the three main types of outsourcing: Nearshore outsourcing (a company in a country that is not far from yours, like in Eastern Europe, if you are located in Western Europe).

What are the different types of outsourcing in India?

You will find out a little bit later in this article. For now we would like to clarify the three main types of outsourcing: Local outsourcing (choosing a company in your own country); Offshore outsourcing (finding a team somewhere in Asia, for example, in India);

Which is an example of legal process outsourcing?

Legal process outsourcing (LPO). All legalities including litigation and regulatory compliances fall in this category. When companies are juggling with several projects, it can usually be tedious, and the quality of the output can be compromised with the lack of time to focus on each one of them.

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