Outsourcing

About the product
Outsourcing involves subcontracting parts
of a company's value-chain, (i.e. steps in the design, supply, production,
marketing, sales, and services processes) to other companies or contractors
that specialize in those activities. Through outsourcing agreements, the client
company hires separate companies to perform specific tasks in the value-chain
on its behalf. Often, the work is performed under the name of the client.

The kinds of outsourcing work performed
vary widely across industry sectors. Some common outsourcing activities
include: human resource management, facilities management, supply chain
management, accounting, customer support and service, marketing, computer-aided
design, research, design, content writing, engineering, diagnostic services,
and legal documentation.
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