WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

Google
 

business process outsourcing

 

Definitions from the Web

Term: business process outsourcing

Description:

Business process outsourcing (BPO) refers to the practice of contracting specific business operations or processes to external service providers. It enables companies to streamline their operations, reduce costs, and focus on their core competencies.

Senses and Usages:
  1. Noun - BPO as a Service:

    Business process outsourcing, often abbreviated as BPO, is the practice of delegating non-core operations to third-party organizations specialized in offering such services. Companies can outsource various processes like customer support, payroll management, IT infrastructure, and more.

    Example sentence: Many companies outsource their customer service departments to BPO service providers to enhance customer satisfaction and reduce costs.

    Related products: Search on Amazon

  2. Verb - Outsource Business Processes:

    Businesses often outsource their non-core operations or processes to specialized service providers to optimize efficiency. This helps them focus on their primary goals and objectives.

    Example sentence: To increase productivity and profitability, the company decided to business process outsource its manufacturing division.

    Related products: Search on Amazon

  3. Noun - BPO Industry:

    The business process outsourcing industry includes service providers that offer specialized processes and operations to support companies in their day-to-day activities.

    Example sentence: The BPO industry has experienced significant growth in recent years, offering numerous employment opportunities around the world.

    Related products: Search on Amazon

  4. Adjective - BPO Solutions:

    BPO solutions are comprehensive services provided by third-party organizations, catering to various business needs and requirements.

    Example sentence: The company implemented BPO solutions to enhance operational efficiency and reduce overall expenditures.

    Related products: Search on Amazon

business object business office business organisation business organization business people business performance business periodical business plan business process outsourcing business relation business relationship business s business school business sector business sensitivity business space business startup

Sponsored (shop thru our affiliate link to help maintain this site):

WordNet-Online
Home | Free dictionary software | Copyright notice | Contact us | WordNet dictionary | Automotive thesaurus