The Sourcing Column
- Topics:
- Evaluation
- Tags:
- Business Activity,
- Business Operations,
- Business Services,
- Gowling Lafleur Henderson,
- It Operations,
- Outsourcing,
- Outsourcing & Subcontracting,
- Service Provider,
- Sourcing
- Source:
- Gowling Lafleur Henderson
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Overview: "The growth of the outsourcing market in the last few years has been spectacular. Outsourcing involves the transfer of an organization’s regular business activities (functions and processes) to an outside service provider that provides the services back to the organization, as defined in a (typically) long-term contract. The core of an outsourcing arrangement is that the control and ownership of the business activities are put into the hands of the service provider. The service provider then owns and manages the business processes, including the resources that are used to provide the services to that organization. In a typical outsourcing, the people, the facilities, the equipment and the technology are transferred to the service provider. Given the magnitude and complexity involved, outsourcing relationships tend to be long-term propositions, usually in (typically) long-term contract. The core of an outsourcing arrangement is that the control and ownership of the business activities are put into the hands of the service provider. The service provider then owns and manages the business processes, including the resources that are used to provide the services to that organization. "
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Format: PDF | Size: 39KB | Date: Apr 2003 | Pages: 2
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