OffshoringAs part of an overal strategy to reduce operating expenses many companies use offshoring, or the process of outsourcing functions offshore to countries such as India, Malaysia, or Latin America. Offshore jobs have exploded with the focus on offshoring from American and European companies competing in an ever global economy. Software development was perhaps the first industry to truly leverage offshore development with a particular focus on using offshore vendors based in India. Many offshore outsourcing and consulting firms have emerged such as Accenture, IBM, Comsys and Tata. Many companies use offshore and nearshore development as part of a global offshore or outsourcing strategy.More recently, business process outsourcing or offshoring has emerged as a critical business function to outsource to vendors. This includes back-office activities such as accounting, customer service, reporting, document imaging, etc. Many call centers are now offshore providing 24 hour operations. | Business Process ManagementBusiness Process ManagementBusiness Process Management Terms Automated Decision Engine Automated Decision Engine Terms Document Imaging Document Imaging Terms Key Performance Indicator Key Performance Indicator Terms Process Mapping Process Mapping Terms Return on Investment Workflow Automation Workflow Automation Terms Disaster RecoveryDisaster RecoveryDisaster Recovery Terms LogisticsGPS LogisticsGPS Logistics Terms Logistics Logistics Terms Marketing and SalesSocial Networking SitesBlogging Blogging Terms Customer Relationship Managment Customer Relationship Management Terms Email Marketing Email Marketing Terms Search Engine Optimization Search Engine Optimization Terms Social Networking Social Networking Terms Viral Marketing Viral Marketing Terms Project ManagementProject ManagementProject Management Terms Request for Proposal Requirements Gathering Requirements Gathering Terms Software and Database DesignDatabase DevelopmentDatabase Development Terms Information Silo Nearshoring Nearshoring Terms Offshoring Offshoring Terms Software Design Software Design Terms Software Development Software Development Terms Web Site DesignCommercial Off-the-ShelfCommercial Off-the-Shelf Terms Content Management CMS Content Management CMS Terms Extranet Extranet Terms Intranet Intranet Terms Web Site Design Web Site Design Terms |