The definition of cosourcing is having internal and external staff working together to complete the activities necessary to run a business. Why? Companies choose cosourcing as a middle ground to get the cost benefits and access to staff associated with outsourcing while maintaining control over data, processes, quality, and who is on the team. In the current cost and employment environment, everyone is considering alternatives. The reality is that the question for companies isn’t whether to cosource or outsource, the question is how to do it smartly, strategically, and in a way that aligns with the organizational goals, processes, and culture.
For more information on cosourcing, please read this article.