offshoring

Definition

Shifting a business function from one country to another. For a business, this can entail moving product manufacturing, service centers or operations to a different country. Offshoring is often used to reduce the cost of business, with the company seeking to move parts of operations to countries with more favorable economic conditions.

Use offshoring in a sentence

We would try offshoring and see if that would help our business out, or if it would hurt it badly.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

James was very bitter that his job at the company's call center was terminated due to the company offshoring nearly all of their operations.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

Google gets the kudos for being the most masterful at offshoring; dumping their management company in Ireland alone has paid for any myriad number of their product offerings.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Bermuda Stock Exchange (BSX) business process outsourcing