TITLE

'Offshoring' Drive for Savings Accelerates

AUTHOR(S)
Marshall, Jeffrey
PUB. DATE
September 2003
SOURCE
Financial Executive;Sep2003, Vol. 19 Issue 6, p52
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article presents an examination of the practice of offshore outsourcing. The author suggests that the term multishoring will soon be applied to the business practice of outsourcing multiple activities to multiple foreign destinations. He notes that this practices is already being used by some of the leading multinational companies in the world. The author notes that the primary objective behind this process is one that is cost motivated. Companies can reduce costs by outsourcing activities to areas where labor is cheaper. The author provides information that attest to how much companies can save through this practice and also discusses some of the logistical hurdles that need to be overcome to make the most out of an outsourcing project. INSET: The Phillippines Comes On Strong.
ACCESSION #
10817834

 

Related Articles

  • The Dynamics of FDI Relocation of Production. Mello-Sampayo, Felipa; Sousa-Vale, Sofia; Camões, Francisco // International Advances in Economic Research;Aug2007, Vol. 13 Issue 3, p391 

    The article presents a study on the role of uncertainty on offshoring low-skilled tasks. It notes that focusing on uncertainty is important because emerging markets are potential recipients of most offshoring low-skilled tasks. The study shows how home countries' fiscal policies affect...

  • ENTRY OF BANK FOREIGN CAPITAL IN DEVELOPING ECONOMIES: MEASURING PROFIT & COST EFFICIENCY. Petreski, Marjan // Young Economists Journal / Revista Tinerilor Economisti;Nov2009, Vol. 7 Issue 13, p39 

    The paper aims at acknowledging the efficiency effects of bank privatization upon the entry of strategic foreign investor. Thus, a broad experience from the developing countries is reviewed. General conclusion is that the foreign capital infusion improves the profit and cost efficiency of the...

  • The Emerging Offshore Software Industries and the U.S. Economy. Arora, Ashish // Brookings Trade Forum;2005, p399 

    The article presents information on the effect of emerging offshore software industries on the United States economy. There has been a widespread concern over the shift of jobs from the United States towards the developing countries. One of the reasons cited for this shift is the availability of...

  • International investment: A key element of diversification. VAN TONDER, JACO // Finweek;3/13/2015, p30 

    The article discusses the significance of making offshore investments in South African as a key element of having a diversified portfolio. It mentions the crucial role of widening the opportunity when a domestic market is concentrated. The major concern of South African investors who invest...

  • Emerging markets on horizon. HOFMANN, MARK A. // Business Insurance;6/11/2012, Vol. 46 Issue 24, p8 

    The article reports that there has been a subtle shift in how European and North American countries view emerging markets in recent decades. At the turn of the past century, developing countries generally were viewed as things to be exploited, not as potentially equal trading partners. It is...

  • Foreign Investment Shifts Course. Hansen, Fay // Business Finance;Jan2005, Vol. 11 Issue 1, p7 

    This article presents information related to Foreign Direct Investment (FDI) at international level. FDI is flowing again after three years of global retrenchment. In 2003, worldwide FDI dropped for a third straight year to $560 billion, compared with its peak of $1.4 trillion in 2000 as...

  • Rathbones' Chillingworth: We do not believe in the Bric story. Yarker, Jon // Fundweb;12/4/2013, p5 

    The article presents information on the need to give more attention to emerging market nations. It states that their issues and concerns should be observed separately, as their merits and risks are different from that of developed nations. It mentions about the investment opportunities in Bric...

  • Turkey: Short-Term Bounce To Go Further.  // Emerging Markets Monitor;5/5/2008, Vol. 14 Issue 5, p15 

    The article presents forecasts for the emerging market condition in Turkey. It is expected for Turkish assets to continue to bounce after breaching short-term resistance levels in trading, with the benchmark ISE-100 equity index as an example. In addition, domestic factors cannot be ignored in...

  • International Market Analysis. Moyer, Reed // Journal of Marketing Research (JMR);Nov68, Vol. 5 Issue 4, p353 

    Market researchers analyzing underdeveloped countries' markets have limited data sources at their disposal. There are many of these markets, but their total potential is relatively small. A need exists to describe and analyze these markets despite the data limitations. This article indicates...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics