[ verb ] obtain goods or services from an outside supplier; to contract work out <verb.possession> Many companies outsource and hire consultants in order to maintain a flexible workforce
The traditional method was to outsource.
It can outsource work, it can sell parts plants, or it can close parts plants.
It is well entrenched in the computer industry, where companies outsource hardware and data processing, while in the property sector the concept has centred on the management of buildings and building services.
It found that only 6 per cent had decided to outsource the management of their telecoms.
It makes sense for its customers to outsource high-volume, low-value operations to a specialist offering an economy of scale.
'We intend to outsource almost everything besides key strategic operations,' he said. Northern Telecom, the Canadian telecommunications equipment supplier, has been appointed prime contractor.