In recent years, outsourcing has become an increasingly popular business strategy for companies looking to reduce costs and improve efficiency. One of the primary benefits of outsourcing is access to specialized skills and expertise that may not be available in-house.

In this article, we will explore the number of companies outsourcing from the US and the factors driving this trend.

Outsourcing from the US: An Overview

According to a report by Statista, the number of companies outsourcing from the US has been steadily increasing in recent years. In 2019, over 70% of companies surveyed said they had outsourced at least one business process or function. This is a significant increase from just a decade ago, when only about 50% of companies reported outsourcing.

Factors Driving the Outsourcing Trend

There are several factors driving the increasing trend of outsourcing from the US. One of the primary drivers is the need to reduce costs. By outsourcing certain business processes or functions, companies can take advantage of lower labor costs in other countries, such as India and China.

This can help them save money on salaries and benefits, as well as on office space and equipment.

Another factor driving the outsourcing trend is the need for specialized skills and expertise. Many companies are finding it difficult to find qualified workers with the specific skills they need to develop new products or services.

By outsourcing certain business processes or functions, companies can access specialized talent that may not be available in-house.

Finally, the increasing globalization of business is also contributing to the outsourcing trend. With more and more companies operating in a global marketplace, there is an increasing need for efficient and effective supply chain management.

Outsourcing certain business processes or functions can help companies streamline their supply chains and improve their overall efficiency.

Conclusion

In conclusion, the number of companies outsourcing from the US has been steadily increasing in recent years. This trend is driven by several factors, including the need to reduce costs, access specialized skills and expertise, and improve supply chain management.

As more companies continue to operate in a global marketplace, we can expect the outsourcing trend to continue to grow in the coming years.