Industry Experts

Offshoring Solutions and B2B Contract Manufacturing and Outsourcing are two of the most important methods for driving organisational growth and cost efficiencies. However, not many people are aware of the immense benefits of offshoring.   Offshoring is not the same as outsourcing and it becomes necessary to understand what offshoring entails and how is it different from outsourcing. The definitions that Google provides are complicated and not easy to understand. Simply, offshoring is the process of operating production facilities or services outside the domicile country, whereas, outsourcing is the procurement of products and services through third parties both within the domicile country or outside.   The terms Offshoring and Outsourcing are often used synonymously. However, both are completely different from each other and are beneficial to organisations in rather different ways. India has been ranked top in the list of the countries that provide offshoring and outsourcing