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The meaning of OUTSOURCE is to procure (something, such as some goods or services needed by a business or organization) from outside sources and especially from foreign or nonunion suppliers : to contract for work, jobs, etc., to be done by outside or foreign workers.
OUTSOURCE definition: 1. If a company outsources, it pays to have part of its work done by another company: 2. If a…. Learn more.
verb (used with object) , out·sourced, out·sourc·ing. (of a company or organization) to purchase (goods) or subcontract (services) from an outside supplier or source. Compare backsource. to contract out (jobs, services, etc.): a small business that outsources bookkeeping to an accounting firm.
Feb 26, 2024 · Outsourcing is the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house...
Definition of Outsourcing. The term “outsourcing” refers to: the practice of a business contracting with a third-party supplier to provide products or services that are currently handled in-house by staff.
verb [ I or T ] uk / ˈaʊt.sɔːs / us / ˈaʊt.sɔːrs / If a company outsources, it pays to have part of its work done by another company: Unions are fighting a plan by the university to outsource all non-academic services. Some companies outsource to cheaper locations to cut costs. SMART Vocabulary: related words and phrases. Applying for a job.
a situation in which a company employs another organization to do some of its work, rather than using its own employees to do it: E-commerce, globalization, and outsourcing are all changing the production and distribution of products and services.
outsource. outsource work. outsource production. 2 meanings: (of a manufacturer) 1. to subcontract (work) to another company 2. to buy in (components for a product) rather than.... Click for more definitions.
Outsource definition, (of a company or organization) to purchase (goods) or subcontract (services) from an outside supplier or source. See more.
To outsource is to hire someone outside a company to do work. A newspaper might outsource some of its stories, paying freelance writers instead of using its full-time staff.
