What is offshore outsourcing?

Offshore outsourcing refers to the practice of obtaining goods and services from outside the company, specifically from foreign countries. This approach is often utilized by businesses seeking to reduce costs, gain access to specialized skills, or leverage lower labor expenses in different regions. By outsourcing operations to another country, companies can focus on their core competencies while relying on external vendors or partners to handle certain functions, such as manufacturing, customer support, or IT services.

In this context, the focus is on the strategic decision to move certain aspects of business operations to external providers located in other countries, thereby benefiting from factors like cost advantages, efficiency, and expertise that may not be available domestically.