Date Added: Feb 2010
The sourcing of any process is discussed along two dimensions - ownership, (i.e., Who Executed the Process) and geography (i.e., Where the Process was Executed). Off shoring involved the geographic distribution of a process, typically to a low-wage location, regardless of whether the process was developed in-house or executed by a third party vendor. Off shoring began with the client deciding to offshore particular processes, such as IT maintenance, stock trading, or mortgage processing. The client then selected a vendor for this process and, typically, the location from which it was to be executed, such as India, Brazil, the Philippines, etc.