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Outsourcing vs Purchasing - What's the difference?

outsourcing | purchasing |

As nouns the difference between outsourcing and purchasing

is that outsourcing is outsourcing (transfer business) while purchasing is the act of making a purchase.

As a verb purchasing is

.

outsourcing

English

Verb

(head)

    • Noun

    (-)
  • The transfer of a business function to an external service provider

    • Antonyms

    * insourcing

    See also

    * botsourcing * crowdsourcing

    purchasing

    English

    Verb

    (head)

    • Noun

    (en noun)
  • The act of making a purchase.
  • * 1936 , James Arthur Fulton, Our economic nationalism: its purpose and importance (page 84)
    • As our exports and imports are now nearly in balance, it is assumed that such bargaining, if agreed to, would induce the debtor nations to greatly increase their purchasings from us