Definition of insourcing in US English:
insourcing
nounˈɪnˌsɔrsɪŋˈinˌsôrsiNG
The practice of using an organization's own personnel or other resources to accomplish a task that was previously outsourced.
Example sentencesExamples
- The insourcing of certain engineering functions will play a central role in Ford's new Team Value Management waste-reduction strategy, which also was announced last fall.
- Companies are redirecting their expenditures, from private networks to IP-based services, from insourcing to outsourcing.
- But it has added a twist to the offshore bandwagon - by insourcing, rather than outsourcing, the work.
- The Adams criteria for insourcing include: access to enough qualified workers, a chief executive who is committed to managing technology, and a financial model that justifies the cost.
- 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).