Offshoring: Hidden Costs and Misconceptions

Topics:
Staff Training,
Strategic Management Tools
Tags:
Business Operations,
It Operations,
Offshoring,
Outsourcing,
Outsourcing & Subcontracting
Source:
Aon Consulting

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Overview: Offshoring, or offshore outsourcing, is the practice of outsourcing business operations overseas or in a different country. In many industries, offshoring is used widely with varying degrees of success, for reducing labor costs and increasing productivity. The current upsurge of interest in business process outsourcing brings with it the common misconception that offshoring is the same as outsourcing, or that it is a requisite component in a comprehensive outsourcing strategy. Therefore, when considering offshoring, companies should take into account the important factors discussed in this article.

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Format: PDF | Size: 135KB | Date: Jun 2005 | Pages: 2

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