Kata Consulting

Jargon

Captive - Refers to an offshore facility that is part of the company (e.g. an internal development center located overseas).
CRO – Chief Resource Officer. A position in buyer companies dedicated to managing outsourcing.
Bestshoring - Outsourcing to wherever best suits the needs of the organization.
Crowdsourcing – Outsourcing through a collaboration of amateurs or volunteers. Inclusive but not limited to open source software development.
Homeshoring - Outsourcing to a domestic company.
Multishoring - Outsourcing to a combination of countries.
Nearshoring – Outsourcing to a nearby country. In the US this would include Canada, Mexico, and Latin America.
ODC - Offshore development center.
Offshoring – Outsourcing to a distant country. In the US this would include India, China, the Philippines, etc.
Reverse Offshoring – Outsourcing to a rural or economically depressed domestic location. This is becoming a popular alternative for front office outsourcing since it eliminates language and time zone issues.