Outsourcing vs. Contracting
Filed in archive Basics by on April 08, 2004

Source: TurningLeadintoGold.com
To make the long story short, I was quite impressed by the simple-but-straight to the point differences between outsourcing and contracting. Quoted from page 32:
One to explain outsourcing is to define what it is not. Contracting is the purchasing of goods or services when the buyer owns the process. If the buyer owns a proces but purchases time, products or services to facilitate that process, then the buyer is in a contractual relationship. If the supplier owns the process, then the buyer is probably outsourcing.
More interesting stuff from this book is coming shortly as I'm still finishing it!
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