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insourcing

Line breaks: in|sour¦cing
Pronunciation: /ˈɪnsɔːsɪŋ/

Definition of insourcing in English:

noun

[mass noun]
The practice of using an organization’s own personnel or other resources to accomplish a task.
Example sentences
  • 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.

Origin

1970s: on the pattern of outsourcing (see outsource).

Derivatives

insource

1
verb
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:

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