The on-going growth of the outsourcing industry is not an entirely new trend. As a matter of fact, it has been gradually increasing in size and number for several years now. Prior to the release of countless IT innovations, companies in urbanized countries have been accustomed to the term and practice of manufacturing outsourcing. They usually outsource manufacturing jobs to other developing nations nearby.
As a general rule, the system involves the outsourcing of jobs related to the manufacturing industry. A good number of companies also wind up building their own factory outlets out of the country, where the production materials are typically cheaper and labor costs are considerably lower. Canada, South Africa and Mexico are some of the countries that embrace this type of industry.
Manufacturing Outsourcing Vs. IT Outsourcing
Despite the numerous semblance in terms, manufacturing and information technology outsourcing are two different areas of interest in the sense that they vary significantly in their relative pace and the additional overheads involved.
Manufacturing outsourcing was a fairly sluggish process that entailed the shifting of...