insources
Handles work internally
Insources is the opposite of outsources—to bring work or services in-house rather than contracting them externally.
A company that previously hired outside firms for IT support might insource those functions by hiring its own staff: After years of outsourcing, we insourced our customer service team.
The practice often aims to gain more control or reduce long-term costs.
Within the organization
- internalSituated within
- departmentsSubdivisions of an organization
- workflowSequential task progression
- coordinationOrganized cooperative movement
integration · management · administration · procedures · processes · collaboration · efficiency · communication
Giving someone work
- recruitmentSeeking new personnel
- onboardingNew member integration process
- staffingProviding personnel for positions
- headcountTotal of individuals present
Plan for spending
- capitalWealth used for investment
- equipmentTools for a task
- materialsRaw stuff for creation
- inventoryCatalog of held assets
assets · supplies · funding · allocation · capacity · infrastructure · facilities · technology
in-house
Within the organization
- internalSituated within
- departmentsSubdivisions of an organization
- workflowSequential task progression
coordination · integration · management · administration · procedures · processes · collaboration · efficiency · communication · optimization
hiring
Giving someone work
- recruitmentSeeking new personnel
- onboardingNew member integration process
- staffingProviding personnel for positions
headcount · workforce · personnel · training · payroll · retention
budget
Plan for spending
inventory · assets · supplies · funding · allocation · capacity · infrastructure · facilities · technology · systems
insourcesoutsources
Assigns work externally
subcontracts · offshores · externalizes · hires out · third-parties