Outsource: meaning, definitions and examples
๐ผ
outsource
[ หaสtsษหs ]
business operations
To obtain goods or services from an outside supplier, especially in place of an internal source. Companies often outsource tasks such as customer service, IT support, and manufacturing to save costs or improve efficiency.
Synonyms
contract out, delegate, subcontract
Examples of usage
- The company decided to outsource their logistics department to a third-party provider.
- Many businesses outsource their payroll processing to specialized firms.
business
A practice used by companies to reduce costs or improve efficiency by transferring portions of work to outside suppliers rather than completing it internally.
Synonyms
contracting out, externalization, subcontracting
Examples of usage
- Outsourcing has become a common strategy for companies looking to streamline their operations.
- The outsourcing of manufacturing has led to increased global competition.
Translations
Translations of the word "outsource" in other languages:
๐ต๐น terceirizar
๐ฎ๐ณ เคเคเคเคธเฅเคฐเฅเคธ เคเคฐเคจเคพ
๐ฉ๐ช auslagern
๐ฎ๐ฉ alih daya
๐บ๐ฆ ะฐัััะพััะธัะธ
๐ต๐ฑ zlecaฤ na zewnฤ trz
๐ฏ๐ต ๅค้จๅง่จใใ
๐ซ๐ท externaliser
๐ช๐ธ subcontratar
๐น๐ท dฤฑล kaynak kullanฤฑmฤฑ
๐ฐ๐ท ์์์์ฑํ๋ค
๐ธ๐ฆ ุงูุงุณุชุนุงูุฉ ุจู ุตุงุฏุฑ ุฎุงุฑุฌูุฉ
๐จ๐ฟ outsourcovat
๐ธ๐ฐ outsourcovaลฅ
๐จ๐ณ ๅคๅ
๐ธ๐ฎ zunanje izvajanje
๐ฎ๐ธ รบtvistun
๐ฐ๐ฟ ะฐัััะพััะธะฝะณ
๐ฌ๐ช แแฃแแกแแ แกแแแแ
๐ฆ๐ฟ autsorsinq
๐ฒ๐ฝ subcontratar
Word origin
The term 'outsource' was first coined in the 1980s, as companies began to explore the benefits of transferring certain business functions to external providers. This practice gained popularity in the following decades as globalization and technological advancements made it easier to connect with suppliers around the world. Today, outsourcing is a common strategy used by businesses of all sizes to stay competitive in the global marketplace.
See also: insourcing, sources, sourcing.