Are Outsourcing and Offshoring the Same Thing?
Did you know that outsourcing and offshoring are just the same things in business? Well, the difference between the two is just so minimal that you cannot say the two business terms are different.
So, what is outsourcing and offshoring?
Outsourcing is the process where a business delegates a task or process to another company or individual to perform it. For example, hiring IT professionals to handle IT-related matters in a company.
Offshore outsourcing is the process where a company decides to transfer a business process from one country to another. Typically, the kind of business process involved is an operational process such as manufacturing. For example, if you are a manufacture of phones, you can decide to move your manufacturing process to another process to get cheap labor and/or resources.
How is outsourcing and offshoring the same thing?
They both involve delegation of a business process to an external company or individuals to perform it. In both, the client company deliberately decides to transfer an important business process to another company.
The processes involved in both outsourcing and offshoring are the same, thus, the importance of involving a professional outsourcing company.
If you still need more information about these business processes, kindly contact us today and we will get back to you with all that you need to know.