{"id":1366,"date":"2019-05-29T08:00:13","date_gmt":"2019-05-29T00:00:13","guid":{"rendered":"https:\/\/everestonlinemarketing.com\/blog\/?p=1366"},"modified":"2019-11-25T21:48:56","modified_gmt":"2019-11-25T13:48:56","slug":"outsourcing-onshoring-nearshoring-or-offshoring","status":"publish","type":"post","link":"https:\/\/everestonlinemarketing.com\/blog\/outsourcing-onshoring-nearshoring-or-offshoring\/","title":{"rendered":"OUTSOURCING: Onshoring, Nearshoring or Offshoring?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #7ab700;color:#7ab700\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #7ab700;color:#7ab700\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/everestonlinemarketing.com\/blog\/outsourcing-onshoring-nearshoring-or-offshoring\/#ONSHORING\" >ONSHORING<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/everestonlinemarketing.com\/blog\/outsourcing-onshoring-nearshoring-or-offshoring\/#NEARSHORING\" >NEARSHORING<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/everestonlinemarketing.com\/blog\/outsourcing-onshoring-nearshoring-or-offshoring\/#OFFSHORING\" >OFFSHORING<\/a><\/li><\/ul><\/nav><\/div>\n<p>The most popularly known term in the market industry is \u201cOutsourcing\u201d. However, what people actually need to understand is that, there are in fact proper terms to be used in acquiring third party services for every business.<\/p>\n<p>Generally speaking, <strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Outsourcing\" target=\"_blank\" rel=\"noopener\">outsourcing<\/a><\/strong> is a method of passing on some parts of your business&#8217; tasks or even an entirely complete project to an external third party organization. What people rarely know these days is that, there are actually three types of outsourcing:<\/p>\n<h4><span class=\"ez-toc-section\" id=\"ONSHORING\"><\/span><strong><u>ONSHORING<\/u><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>This refers to business process outsourcing where in the location of your acquired services is just within your national borders. This type of outsourcing is actually used by bigger corporations since monitoring and close proximity are required within their working agreement.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"NEARSHORING\"><\/span><strong><u>NEARSHORING<\/u><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>This refers to outsourcing business process that is in your neighbouring country. In nearshoring, you can either hire an individual or a group of specialists to perform some of your business tasks. You may hire these people directly through organizations or agencies. For example, if an organization located in France hires a third party contractor in England to perform some of their day to day business tasks.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"OFFSHORING\"><\/span><strong><u>OFFSHORING<\/u><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li>It is a type of business process outsourcing that is done in a distant country. This includes a significant difference in each time zone.<\/li>\n<\/ul>\n<p>As proven by the years, subcontracting is very advantageous for businesses in reducing their operational costs and in raising their profit margins. Furthermore, in outsourcing business process, these organizations are also able to acquire services from highly skilled and experienced professionals. Through outsourcing, these companies are able to allocate and adjust some of their resources to a much needed portion of their business.<\/p>\n<p><strong>Quick tip for business owners:<\/strong><\/p>\n<p>Your choice of outsourcing will mainly depend on your business goals. Simply assess what outcome you would want to achieve through outsourcing.<\/p>\n<p><img decoding=\"async\" class=\"wp-image-469 aligncenter lazyload\" data-src=\"https:\/\/everestonlinemarketing.com\/blog\/wp-content\/uploads\/2019\/05\/Which-Type-Of-Outsourcing-Best-Suits-Your-Business.jpg\" width=\"603\" height=\"319\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 603px; --smush-placeholder-aspect-ratio: 603\/319;\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The most popularly known term in the market industry is \u201cOutsourcing\u201d. However, what people actually need to understand is that, there are in fact proper terms to be used in acquiring third party services for every business. Generally speaking, outsourcing is a method of passing on some parts of your business&#8217; tasks or even an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89,88],"tags":[],"class_list":["post-1366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-offshoring","category-outsourcing"],"_links":{"self":[{"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/1366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/comments?post=1366"}],"version-history":[{"count":16,"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/1366\/revisions"}],"predecessor-version":[{"id":1378,"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/posts\/1366\/revisions\/1378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/media\/1425"}],"wp:attachment":[{"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/media?parent=1366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/categories?post=1366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everestonlinemarketing.com\/blog\/wp-json\/wp\/v2\/tags?post=1366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}