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Tag Archives: insource
Outsourcing versus Insourcing
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.