Outsourcing and Offshoring Sectors: Challenges and Opportunities

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    In order to grasp better understanding of the outsourcing and offshoring industry, it is vital to first know the different terms and definitions. Jack W. Plunkett, CEO of Plunkett Research, Ltd.™ also explains and discusses the advantages and disadvantages pertaining to the outsourcing and offshoring industry. It seems that language and communication barriers and time zone differences could potentially lead companies to choose nearshoring or reshoring instead. However, it should be noted that one of the main reasons contributing to the rapid growth of offshoring is because of the lower labor, production and distribution costs involved. Find us online: plunkettresearch.com http twitter.com www.linkedin.com Google Plus: bit.ly

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