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  2. Outsourcing - Wikipedia

    en.wikipedia.org/wiki/Outsourcing

    The term outsourcing, which came from the phrase outside resourcing, originated no later than 1981 at a time when industrial jobs in the United States were being moved overseas, contributing to the economic and cultural collapse of small, industrial towns. [4] [5] [6] In some contexts, the term smartsourcing is also used. [7]

  3. Crowdsourcing - Wikipedia

    en.wikipedia.org/wiki/Crowdsourcing

    Crowdsourcing is not limited to online activity, however, and there are various historical examples of crowdsourcing. The word crowdsourcing is a portmanteau of "crowd" and "outsourcing". [1] [2] [3] In contrast to outsourcing, crowdsourcing usually involves less specific and more public groups of participants. [4] [5] [6]

  4. Third-party logistics - Wikipedia

    en.wikipedia.org/wiki/Third-party_logistics

    Outsourcing may involve a subset of an operation's logistics, leaving some products or operating steps untouched because the in-house logistics is able to do the work better or cheaper than an external provider. [6] Another important point is the customer orientation of the 3PL provider.

  5. Procurement outsourcing - Wikipedia

    en.wikipedia.org/wiki/Procurement_outsourcing

    Procurement outsourcing is the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies.

  6. Supply chain management - Wikipedia

    en.wikipedia.org/wiki/Supply_chain_management

    Customer relationship management concerns the relationship between an organization and its customers. Customer service is the source of customer information. It also provides the customer with real-time information on scheduling and product availability through interfaces with the company's production and distribution operations.

  7. Contract manufacturer - Wikipedia

    en.wikipedia.org/wiki/Contract_manufacturer

    Outsourcing risks – Although outsourcing to low-cost countries has become very popular, it does bring along risks such as language barriers, cultural differences and long lead times. [4] This could make the management of contract manufacturers more difficult, expensive and time-consuming.

  8. Offshoring - Wikipedia

    en.wikipedia.org/wiki/Offshoring

    Business process outsourcing (BPO) – outsourcing arrangements when entire business functions (such as finance, accounting, and customer service) are outsourced. More specific terms can be found in the field of software development - for example Global Information System as a class of systems being developed for / by globally distributed teams.

  9. Sales outsourcing - Wikipedia

    en.wikipedia.org/wiki/Sales_outsourcing

    Even so, the reputational risk of third parties handling customer relationships has been observed as a factor restricting sales outsourcing. [8] One could argue that an employee is often using a company to gain 2–3 years salary and experience whereas a sales outsourcing firm would usually be looking at a long-term contract even though the ...