Co-sourcing

Co-sourcing is a business practice where a service is performed by staff from inside an organization and also by an external service provider.

It can be a service performed in concert with a client's existing internal audit department. The scope of work may focus on one or more aspects of the internal audit function.

Co-sourcing earns advantage over Total Outsourcing in a way that it minimises sourcing risks, brings in transparency, clarity and better control over the processes outsourced.

Examples of co-sourcing services are supplementing the in-house internal audit staff with specialised skill such as information risk management or integrity services, providing routine assistance to in-house auditing for operations and control evaluations in peak period activity and conduct special projects such as fraud investigation or plant investment appraisals.

Another example of co-sourcing is outsourcing part of software development or software maintenance activities to an external organization, while keeping part of the development in-house.

Identity Management Co-Sourcing

It is an approach to Enterprise Identity Management in which the Identity service interacts directly or through some technical footprint with an organization’s Information Technology (IT) identity backend infrastructure (directories, databases, and other identity repositories). The organization and the external service provider have a shared responsibility for building, hosting and operating the Identity service. The balance of this responsibility can vary depending on the service levels required, and span from an all on-premise deployment, where the Identity service is built, hosted and operated within the organization’s IT infrastructure and managed on-premise by the external service provider; to an all in-the-cloud, where the Identity service is built, hosted and operated by the service provider in an externally hosted, cloud computing infrastructure.

References

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1. ^ Frank Villavicencio (January 2010), discusses co-sourcing in the context of Identity Management in this article titled: Approaches to IDaaS for Enterprise Identity Management
2. ^ HCL Full Services Co-Sourcing Model gaining an edge over Total Outsourcing: [1]

This business term article is a stub. You can help Wikipedia by expanding it.v · Categories: Business terms Business term stubs Wikimedia Foundation. 2010. Игры ⚽ Нужен реферат? Terry Bain Collinsville, California Look at other dictionaries: Sourcing (personnel) — Sourcing in personnel management work refers to the identification and uncovering of candidates (also known as talent) through proactive recruiting techniques. Historical context The evolution of recruiting has changed significantly over the last …   Wikipedia sourcing — ▪ I. sourcing sourc‧ing [ˈsɔːsɪŋ ǁ ˈsɔːr ] noun [uncountable] MANUFACTURING the job or activity of getting supplies of goods, especially ones that are used to make other goods: • The company is stepping up its sourcing of components from India… …   Financial and business terms Sourcing — In business, the term word sourcing refers to a number of procurement practices, aimed at finding, evaluating and engaging suppliers of goods and services: *Global sourcing, a procurement strategy aimed at exploiting global efficiencies in… …   Wikipedia Sourcing — Le sourcing est un terme anglais utilisé dans les achats et les RH pour désigner le fait de trouver soit des fournisseurs soit des candidats. Le terme vient du verbe anglais To Source . Sommaire 1 Achats 2 RH 3 Services informatiques 4 V …   Wikipédia en Français sourcing — /sawr sing, sohr /, n. Econ. the buying of components of a product from an outside supplier, often one located abroad: Foreign sourcing in the auto industry has eliminated jobs. Cf. outsourcing. [SOURCE + ING1] * * * …   Universalium sourcing — / sɔ:sɪŋ/ noun the process of finding suppliers of goods or services ● The sourcing of spare parts can be diversified to suppliers outside Europe. ⇒ outsourcing …   Marketing dictionary in english sourcing — /sawr sing, sohr /, n. Econ. the buying of components of a product from an outside supplier, often one located abroad: Foreign sourcing in the auto industry has eliminated jobs. Cf. outsourcing. [SOURCE + ING1] * * * sourcˈing noun • • • Main… …   Useful english dictionary sourcing — noun the supply of resources needed by a business process …   Wiktionary sourcing — n. purchasing of products or services from external suppliers sÉ”rs /sɔːs v. originate from; reveal the origin of something; obtain from a particular supplier n. origin; starting point; source code (Computers) …   English contemporary dictionary Dual Sourcing — Die Beschaffungsstrategie als Teil der Materialwirtschaft eines Unternehmens legt mittelfristig die Verteilung der Beschaffung von Gütern und Dienstleistungen auf einzelne Lieferanten fest. Zentrales Ziel einer Beschaffungsstrategie ist die… …   Deutsch Wikipedia Forward Sourcing — Die Beschaffungsstrategie als Teil der Materialwirtschaft eines Unternehmens legt mittelfristig die Verteilung der Beschaffung von Gütern und Dienstleistungen auf einzelne Lieferanten fest. Zentrales Ziel einer Beschaffungsstrategie ist die… …   Deutsch Wikipedia 18+ © Academic, 2000-2024 Contact us: Technical Support, Advertising Dictionaries export, created on PHP, Joomla, Drupal, WordPress, MODx. Mark and share Search through all dictionaries Translate… Search Internet Share the article and excerpts Direct link … Do a right-click on the link above and select “Copy Link”