Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation. Outsourcing is a business decision that is often made to lower costs or focus on competencies. A related term, off shoring, means transferring work to another country, typically overseas. Off shoring is similar to outsourcing when companies hire overseas subcontractors, but differs when companies transfer work to the same company in another country. "Outsourcing" became a popular buzzword in business and management in the mid-1990s.
Overview
Outsourcing is defined as the "the process of transferring an existing business function, including the relevant physical and/or human assets, to an external provider in order to strategically use outside resources to perform activities previously handled in-house" (Baziotopoulos, 2006).
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Reading Scientific Services Ltd. - Research and consultancy for the food, pharmaceutical, and consumer goods industries. Services include microbiological testing and analysis of new compounds. Reading, United Kingdom.
Meta Description: [ Reading Scientific Services is a contract research laboratory for the global food, pharmaceutical and healthcare industries. RSSL is at the forefront of analytical analysis and testing. ]
Tepnel - Offers technology, automation and services to the life sciences research, clinical diagnostic and food testing markets.
404Vivotec Biomedical Technologies, Germany - Provides research, development and diagnostic services for industry, hospitals, research institutions, medical practitioners and dentists.
A Thomas Friedman / Discovery Channel look at high tech outsourcing to India. To buy the DVD, please visit: http ...