Tag Archives: insource

Outsourcing versus Insourcing, which is best for you? 

Outsourcing is a well-known concept today. It simply means to disperse job duties to outside, nonaffiliated companies on an as-needed basis or for a flat monthly fee. This practice has been accepted and implemented by many companies as a cost-saving tactic to off-load competencies to other low-cost countries.  The outsourcing market has been expanding rapidly for two reasons: bigger domestic talent pools exist outside tier-one cities and the use of videoconferencing and web meetings makes it easy to communicate from any location.