BPO Outsourcing
Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors.
Although BPO originally applied solely to manufacturing entities, such as soft drink manufacturers that outsourced large segments of their supply chains, BPO now applies to the outsourcing of various products and services.
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Business process outsourcing (BPO) utilizes third-party vendors or subcontractors to carry out certain parts of their business operations.
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BPO began with large manufacturing companies to aid with supply chain management,
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Today BPO has grown to include all sorts of sectors, including services companies.
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BPO is considered "offshore outsourcing" if the vendor or subcontractor is located in a different country; for instance, in the case of customer support.
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BPO today is an industry unto itself, with companies specializing in facilitating BPO to companies around the world.