What are the categories of outsourcing?
There are other varieties of outsourcing as well, as listed below.
- Business process outsourcing(BPO)
BPO’s typically are focused on human resource and or labor intensive operations. This can also be done domestically or internationally. Many call centers and data entry warehouses fall under this category of outsourcing.
- Knowledge processing outsourcing
KPO’s are formed when a company hires externally to complete “thought intensive “tasks or projects such as research or analytics.
- It outsourcing
The most familiar type of outsourcing happens when a company hires and external vendor to manage and maintain their electronics including computers, phones and the company network in general.