Outsourcing: Is It Ethical? Outsourcing has become a very hot topic in our country over the last few years. Many Americans view this topic as very controversial and unethical. Outsourcing is also known as the offshoring of American jobs. These jobs are being sent to foreign countries all over the world. Under George Bush’s administration the American economy lost 1.6 million jobs. Outsourcing to other countries is not limited to one business sector or profession; almost all professions are
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Service Outsourcing Yong-Pin Zhou∗ and Z. Justin Ren† February 2‚ 2010 Abstract This article reviews the Operations Management (OM) research on service outsourcing‚ a common practice among today’s businesses. We focus on recent literature in three areas: capacity planning and supplier coordination‚ service outsourcing under information asymmetry‚ and quality concerns. Additionally‚ a mathematical framework is presented that can be used to analyze service outsourcing supply chains. We conclude with
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performance. 4. Increasing the innovation‚ creativity and flexibility necessary to enhance competitiveness. 5. Applying new approaches to work process design‚ succession planning‚ career development and inter-organizational mobility. 6. Managing the implementation and integration of technology through improved staffing‚ training and communication with employees. Meaning of Outsourcing Outsourcing is an effective cost-saving strategy when used properly. It is sometimes more affordable to purchase a
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Outsourcing and offshoring Then I’d like to talk about offshoring. Offshoring is a type of outsourcing. Offshoring simply means having the outsourced business functions done in another country. Frequently‚ work is offshored in order to reduce labor expenses. Other times‚ the reasons for offshoring are strategic -- to enter new markets‚ to tap talent currently unavailable domestically or to overcome regulations that prevent specific activities domestically. The term is in use in several distinct
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Using examples‚ discuss the potential advantages and disadvantages of offshore outsourcing for A) western companies‚ B) emerging market companies C) the workforce of western countries D) the workforce of emerging market countries. Offshore outsourcing is defined as “Geographical relocation of specific business functions abroad ... to be performed by contractually outsourced independent party” (Prasad and Prasad 2007 cited in Javalgi et al. 2009‚p.157). INTRODUCTION Context: Western companies:
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The book Offshore Outsourcing by Robinson & Kalakota (2004) defines offshore outsourcing as ‘the delegation of administration‚ engineering‚ research‚ development‚ or technical support processes to a third-party vendor in a lower-cost location’. Among the examples used in this book‚ the best is that of the San Francisco–based firm Embarcadero Technologies‚ which is a leading provider of database and application lifecycle-management solutions in the USA. Embarcadero relies on Aztec Software‚ another
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FDI AND OUTSOURCING ‘‘We are not the blue states‚We are not the red states but We are United states‚’’ Barack Obama quoted after his victory. With Barack Obama re-elected as the president of US‚India needs to wait and watch his stand on FDI‚immigration‚outsourcing and overall relations. India has a lot to gain by supporting his policies and our industry must do its bit by facilitating job creation in America and encourage joint partnership in healthcare utilities and education. A strong America
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OUTSOURCING PROCUREMENT IN THE NIGERIAN INFRASTRUCTURE CONSTRUCTION INDUSTRY: A POTENTIAL FOR INCREASING PERFORMANCE This research is not concerned about procurement in terms of project delivery‚ but procurement as a business function concerned with securing the inputs to the construction process. Some theories use different terms when describing the purchasing process and structure. However‚ it is assumed that the terms Supply Management‚ Purchasing and Procurement have similar meaning. Thus‚
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Hi everyone posting this new and fresh article on Outsourcing. What is Outsourcing? Outsourcing - A company purchases a product or process from an outside supplier rather than producing it in house. Outsourcing is subcontracting a service‚ such as product design or manufacturing‚ to a third-party company. Outsourcing became part of the business lexicon during the 1980s. Note - Subcontracting - A company contracts an outside supplier to produce a product or process to the company specifications
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