Business of offshoring and outsourcing

John Gray, assistant professor of operations at Ohio State University's Fisher College of Business, gives a business perspective on offshoring and outsourcing; its effect on the economy; benefits and risks and the trends that indicate offshoring is slowing down due to increased costs in today's economic climate.
Ohio Means Business is a bi-weekly television show produced by Ohio News Network (ONN) in partnership with The Ohio State University and Fisher College of Business.
fisher.osu.edu

[@AxiemCorporation]

Thanks for this informative video. John Gray provides a clear distinction between offshoring and outsourcing that is easy to understand for those who are not familiar about these business trends.

[@zarinasadan6739]

There will be advantages and disadvantages of offshoring and outsourcing. Great explain on the risks for both descriptions of offshoring as well as outsourcing which able to implement in organizations.

[@kharnelie20]

Well explained. This short video covered a general description about the industry.

[@Philippineoutsourcers]

Thank you for differentiating the two. This is a very informative video.

[@completeoutsource]

Thanks for differentiating the two. They have their similarities, that's why people often mistake one for the other, thanks to this video, they can finally tell the two apart, despite the similarities.

[@Philippineoutsourcingcompanies]

Filipinos who work in the business process outsourcing industry are typically well-educated. The Philippines is considered to be one of the best destinations for offshore outsourcing services.

[@Bpooutsourcingremote]

Thanks for explaining those important words. It's really a big help. Good job!

[@BlackPantherrStudios]

excellent video.

[@Businessoutsourcingsolutions]

Nice video, very informative.. thank you for sharing with us

[@ericeklund8269]

Fast and fudikud

[@mgkkkkk123]

Thanks dude , finally I got the idea :)

[@taooflovepassionandcomedy8722]

Micro plants and robotics allow local production of material needs operated from central control this saves on transport and lowers cost.
Coopracy or chaos.

[@barnabywylde2224]

maybe if a business offshores its former domestic employees will become competitors.

[@taooflovepassionandcomedy8722]

the whole debate about employment and economics is dated, what is to be done?, ignore that truth or evolve by osmosis towards a socio-economic outcome that increasingly shares the leisure and spreads certain obligatory employments so greater efficiency is established within the Annual Hours required to support growth in need
If you can find this author he can explain and tell jokes
Coopracy or Choas.

[@sieniawska]

Wrong Toyota analogy. Production went to where the consumers are whereas outsourcing to India is practiced mostly by companies who have no consumers whatsoever in India. Take UK banks - half of their workforce seats in India while all Indians are banking with ICICI. Big difference.