Examples of using Offshoring in English and their translations into Indonesian
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Colloquial
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Ecclesiastic
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Computer
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Ecclesiastic
What are“outsourcing” and“offshoring”?
They also own an offshoring company in the British Virgin Islands.
India's information technology industry grew at a breakneck speed during the past twodecades thanks to the trend commonly called offshoring.
While it was more expensive than some of the other Asian offshoring centres we were more confident about doing business with Mitrais.
The increased safety net costs of the unemployed may be absorbed by the government(taxpayers)in the high-cost country or by the company doing the offshoring.
Europe experienced less offshoring than the United States due to policies that applied more costs to corporations and cultural barriers.
The term also incorporates aspects of global software development andthere outsourcing(when the outsourcing locations are globally distributed) and offshoring aspects.
Offshoring is the relocation of a business process from one country to another-typically an operational process, such as manufacturing, or supporting processes, such as accounting.
From the bust of the dot-com bubble through 2006, however,the main trend in the industry has been consolidation of firms and offshoring of manufacturing to reduce costs.
The companies that started the offshoring trend were based in Manhattan or the West Coast, in very high-cost places, and they realized there are a lot of other places in the U. S…".
Atlanta, like many US towns dependent on manufacturing for economic liability, in the past decades,relied heavily on offshoring and outsourcing to cut costs.
However, offshoring aircraft maintenance and repair services to the emerging markets, particularly to Asia, might soon prove to be less economically viable than it has been for several years now.
But for the purposes of this column we willexamine the combination of outsourcing to other countries and offshoring, and refer to the combination of these practices as“overseas outsourcing.”.
The companies that started the offshoring trend were largely based in Manhattan or the West Coast, in the very high-cost places, and they realised that, hey, there are a lot of other places in the US,” she said.
However, Google explained that their real joke had been apress release saying that they are taking offshoring to the extreme by putting their employees in a“Google Copernicus Center” on the Moon.
Over the last 8 years of running a B2B offshoring services business, we see many ebbs and flows, the one thing that has remained unchanged is the practical learning through various entrepreneurial challenges.
Globalisation had ravaged American manufacturing, and now, in the first years of the new century,economists were warning that offshoring- the relocating of work to other countries- was coming for white-collar jobs like his as well.
Nexient CEO Mark Orttung said offshoring may be fine for certain types of work, such as short-term projects, but may not be suitable for projects where collaboration is critical and the requirements change over time.
In recent years, economists and technology experts have warned that rapid improvements in artificial intelligence, robotics and related fields could endanger a huge share of jobs-often using terms that echo the offshoring debates.
Outsourcing includes both foreign and domestic subcontracting, and sometimes includes offshoring(relocating a business function to a distant country) or nearshoring(transferring a business process to a nearby country).
Much more recently, offshoring has been linked mainly with the sourcing of technical and management services assisting domestic and worldwide operations from outside the home country, using internal(captive) or external(contracting out) delivery designs.
There has been a raging debate since the last two years about a certain economy where a rich pool of qualified workers are using their skills more cheaply than others,resulting in the offshoring American jobs that has become a problem for the US.
Mark Orttung, Nexient's chief executive, said that offshoring worked fine for certain types of work, such as short-term projects, but less well on projects where requirements change over time and collaboration is more important.
If the work is being done within domestic limits by a third party, it is known as outsourcing and if the activities are being performed at a location outside domestic limits i.e., in a foreign land(with or without the involvement of third party)then it is termed as offshoring.
More recently, offshoring has been associated primarily with the sourcing of technical and administrative services supporting domestic and global operations from outside the home country, by means of internal(captive) or external(outsourcing) delivery models.
Friedman's list of“flatteners” includes the fall of the Berlin Wall; the rise of Netscape and the dotcom boom that led to a trillion dollar investment in fiber optic cable; the emergence of common software platforms and open source code enabling global collaboration;and the rise of outsourcing, offshoring, supply chaining and insourcing.
Offshoring involves transferring or sharing management control and/or decision making of a business function to a supplier in a different country, which entails a degree of two- way information exchange, coordination and trust between the overseas supplier and its client.
Re-onshoring, where companies are reducing offshoring after a couple of decades, is gaining momentum primarily because finishing companies are reducing their supply chain exposure by incorporating both AI and 3D manufacturing to reduce the overall costs below that necessary to import the intermediate components from overseas.