Outsourcing


Outsourcing

“Third party management providing the best people, process and technology for the execution of non-core business functions”.

“A contractual relationship where an external organization takes responsibility for performing all or part of an agency’s functions. This can involve a partial or complete transfer of staff and/or resources”.

“Outsourcing is the act of transferring some of a company’s recurring internal activities and decision rights to outside providers, as set forth in a contract.”

“Outsourcing is not just a way to reduce costs; it is an essential element for achieving business excellence.”


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