Microsourcing
FEBRUARY 20, 2022
Global outsourcing versus outsourcing. Outsourcing is defined as “a business practice in which a company hires a third-party to perform tasks , handle operations or provide services for the company” that would otherwise be performed in-house. Is there really a difference? That depends.
Microsourcing
SEPTEMBER 29, 2021
Outsourcing is where one company engages another company to provide services that were traditionally performed in-house. Deloitte’s Global Outsourcing Survey 2020 finds that cost reduction is the primary objective of outsourcing for 70% of businesses, while 40% say they choose to outsource because it gives them more flexibility.
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