Article | REF: AG5225 V2

Outsourcing strategies

Author: Karine SAMUEL

Publication date: April 10, 2024

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6. Glossary

Crowd sourcing; Crowdsourcing

Crowdsourcing, also known as "participatory production", is a co-creation technique that involves engaging a wide audience. In concrete terms, it involves a company putting out an open call for participation in a given task, in exchange or not for remuneration or reward.

Relocation

Offshoring is the closure of a production unit in a given country, followed by its re-opening abroad, with a view to re-importing goods produced at lower cost back into the country of origin and continuing to supply export markets from this new location.

Outsourcing; Outsourcing

Outsourcing is the transfer of a company's activities to a specialized external service provider.

Mimetic isomorphism ; Isomorphisme mimétique

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