Outsourcing Essay Example | Topics and Well Written Essays - 4750 words

Outsourcing - Essay ExampleThis paper shall begin by defining outsourcing and then describing the different forms of outsourcing. close it shall outline why cheeks opt to outsource and how they select what to or non to outsource. The paper shall then consist on the advantages and disadvantages of outsourcing from two perspectives from the point of view of a political party and from the point of view of our country, the United States of America. 2.0. interpretation of outsourcing Outsourcing has been defined differently by different authors. Overby (1) defines it as the farming out of services to a ordinal party and Lee (323) as the process of turning over part or all of an geological formations functions to external service provider(s). Everett (1) defines outsourcing is a leveraged business model that allows flexible use of the most provide resources for a particular project whereas Strassman (51) views it from a completely different angle and defines outsourcing as the dis tribution of parturiency and knowledge through specialization. Nevertheless, all these authors concur that outsourcing is deployed for purpose of gaining economic, technological and strategic benefits. Often, people confuse outsourcing with offshoring, which should not be the case. Offshoring, as we shall see in the other sections of this paper is a subset of outsourcing. 3.0. Types of outsourcing There are some(prenominal)(prenominal) types of outsourcing depending on the motley system used. Knowing the classification system and type of outsourcing vendor aides the judicature in devising rules of engagement, deliverables and service level agreements. 3.1. Think 180 outsourcing classification The first form of classification system that we... The paper throws light on outsourcing. Overby defines it as the farming out of services to a ternary party and Lee as the process of turning over part or all of an organizations functions to external service provider(s). Everett defines o utsourcing is a leveraged business model that allows flexible use of the most detach resources for a particular project whereas Strassman views it from a completely different angle and defines outsourcing as the distribution of task and knowledge through specialization. Nevertheless, all these authors concur that outsourcing is deployed for purpose of gaining economic, technological and strategic benefits. Often, people confuse outsourcing with offshoring, which should not be the case. Offshoring, as we shall see in the other sections of this paper is a subset of outsourcing. There are several types of outsourcing depending on the classification system used. Knowing the classification system and type of outsourcing vendor aides the organization in devising rules of engagement, deliverables and service level agreements. The first form of classification system that we shall look at has been developed by a firm called Think180. The former looks at the level to which the outsourced fu nction is integrated with company operations, and whether the vendor participates in the meetings and decisions of the business while the latter looks at the entity that receives the results of the outsourced function.