what is meant by bpo full from?
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Although BPO originally applied solely to manufacturing entities, such as soft drink manufacturers that outsourced large segments of their supply chains, BPO now applies to the outsourcing of services, as well.
KEY TAKEAWAYS
Business process outsourcing (BPO) utilizes third-party vendors or subcontractors to carry out certain parts of their business operations.
BPO began with large manufacturing companies to aid with supply chain management, but today BPO has grown to include all sorts of sectors, including services companies.
BPO will be considered "offshore outsourcing" if the vendor or subcontractor is located in a different country;
KEY TAKEAWAYS
Business process outsourcing (BPO) utilizes third-party vendors or subcontractors to carry out certain parts of their business operations.
BPO began with large manufacturing companies to aid with supply chain management, but today BPO has grown to include all sorts of sectors, including services companies.
BPO will be considered "offshore outsourcing" if the vendor or subcontractor is located in a different country;
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Answer:
BPO is the abbreviation for business process outsourcing, which refers to when companies outsource business processes to a third-party (external) company.
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