Outsourcing

Outsourcing

Outsourcing in the International Trade Union Rights Area

Definition of Outsourcing provided by ITUC-CSI-IGB: See contracting-out

Outsourcing in International Trade

Meaning of Outsourcing, according to the Dictionary of International Trade (Global Negotiator): Outsourcing, is the process of utilizing third party workers for traditionally in-house business tasks; this may take place either inside or outside the company’s home country. It is a common practice that businesses use to cut expenses, gain access to employees with a special skill set, and obtain other benefits. Unlike offshoring, outsourcing does not need to take place in a separate country to occur. Businesses that remain in their countries of origin may seek out local third party workers, resulting in outsourcing. Outsourcing can, however, take place outside of the company’s country of origin as well. In this sense companies that practice outsourcing abroad use International Manufacturing Contracts to produce in low cost countries of Asia and Latin America. See also offshoring.

From Information Systems Outsourcing to Cloud Computing, the Law and other Social Sciences

We are witnessing the business prospects of cloud computing becoming apparent as many cloud computing services have been made available online. Previously, outsourcing of computing resources employs a third party to set up, develop and maintain the infrastructure within or outside the business organization. However, nowadays many business organizations all over the world see that outsourcing their computing resources through cloud computing is a highly viable option as it saves a business organization from the complicated setup and maintenance costs of computer infrastructure. There are three generally known types cloud computing, namely, public cloud, private cloud and hybrid cloud. There also three generally service models namely software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS). this subject highlights the development of cloud computing technology, benefits and issues of outsourcing an organization’s computing resources through cloud computing.[1]

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See Also

  • Contract
  • Contracting
  • Novation
  • Contract Dispute

Resources

Notes and References

  1. Mohammad Nabil Almunawar, Hasan Jawwad, “From Information Systems Outsourcing To Cloud Computing” (Encyclopedia of Information Science and Technology, 4th Edition, Information Resources Management Association, 2018)

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Trade Union Topics

  • Trade Union Act
  • Trades Union Congress (TUC)
  • Trade Union Density
  • Definition of Trade Union
  • Socialist Coalition
  • Socialist Party
  • Legislative Power
  • Trade unions in Europe
  • Trades Union Act
  • Cartism
  • Poor Law
  • Combination Acts

Hierarchical Display of Outsourcing

Agri-Foodstuffs > Production > Production policy > Organisation of production > Subcontracting
Agri-Foodstuffs > Production > Production policy > Business policy

Outsourcing

Concept of Outsourcing

See the dictionary definition of Outsourcing.

Characteristics of Outsourcing

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Resources

Translation of Outsourcing

Thesaurus of Outsourcing

Agri-Foodstuffs > Production > Production policy > Organisation of production > Subcontracting > Outsourcing
Agri-Foodstuffs > Production > Production policy > Business policy > Outsourcing

See also

  • Externalisation

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