Definition, Meaning & Synonyms
outsource
verb
/ˈaʊt.sɔːrs/
Definition
Outsource refers to the practice of hiring an external organization or individual to perform services or create goods that are traditionally handled in-house.
Examples
- The company decided to outsource its customer service operations to a call center in another country.
- Many tech firms outsource their software development to skilled programmers abroad.
- Due to rising costs, the manufacturer chose to outsource production to factories overseas.
Meaning
By outsourcing, companies can reduce costs, improve efficiency, and focus on core business activities by delegating tasks to third parties.
Synonyms
- contract out
- subcontract
- farm out
- delegate
