Definition of insourcing in English:
The practice of using an organization’s own personnel or other resources to accomplish a task.
- But it has added a twist to the offshore bandwagon - by insourcing, rather than outsourcing, the work.
- Companies are redirecting their expenditures, from private networks to IP-based services, from insourcing to outsourcing.
- The scorecard on job outsourcing versus job insourcing has actually moved in the favor of the U.S. in recent decades, and policy-makers must consider both when evaluating the worldwide movement of jobs.
1970s: on the pattern of outsourcing (see outsource).
- Example sentences
- We insource as well as outsource jobs and we certainly see the value in engaging China in manufacturing in there, getting closer to the customer base.
- These deals would have to be reworked to manage risk and ensure companies could outsource and insource on the fly, experts say.
- Renegotiate flexible terms in case you need to insource.
Definition of insourcing in:
- British & World English dictionary