Search results
Results From The WOW.Com Content Network
M Barrie, the CEO, claims the company is the largest outsourcing site in the world, receiving more global traffic than competitor elance. The site has 1.5 million users in 234 countries and the average job size is under $200 and it projects a US$50 million in project turnover in the next 12 months. The site takes a 10 percent cut on work allocated.
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]
Global sourcing is often associated with a centralized procurement strategy for a multinational, wherein a central buying organization seeks economies of scale through corporate-wide standardization and benchmarking. A definition focused on this aspect of global sourcing is: "proactively integrating and coordinating common items and materials ...
Impact sourcing, also known as socially responsible outsourcing, refers to an arm of the business process outsourcing (BPO) industry. It employs people at the base of the pyramid or socioeconomically disadvantaged individuals as principal workers in BPO centers to provide high-quality, information-based services to domestic and international clients. [1]
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.
Outsourcing relationship management linking to external service providers; In his 2004 book "The Outsourcing Revolution", [2] author Michael Corbett discusses the challenges of integrating two separate business entities (the client and the external service provider) across the different organizational boundaries and differing motivations and ...
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.
The Global Sourcing Association was founded as the National Outsourcing Association (NOA) in the United Kingdom in 1987 by Martyn Hart. The organization was the first European association to promote effective outsourcing and it is the parent of the federal European Outsourcing Association.