Submitted by: Submitted by Connie112
Views: 396
Words: 2670
Pages: 11
Category: Business and Industry
Date Submitted: 04/03/2012 04:36 AM
Outsourcing: TransUnion
Connie Singleton
Submitted to: Jack Sibrizzi
IS535 Managerial Application of Information Systems
Keller Graduate School of Management
Submitted: April 1, 2011
Table of Contents
I. Definition of Outsourcing-----------------------------------------------------------------3
Why Outsource: Advantages--------------------------------------------------------3
Disadvantages of Outsourcing------------------------------------------------------4
II. TransUnion Background-------------------------------------------------------------------5
III. Current Business issues--------------------------------------------------------------------6
IV. Proposed Solution---------------------------------------------------------------------------7
V. Recommendation/Solution---------------------------------------------------------------8
How is the relationship with TransUnion and Acxiom Today----------------9
VI. Summary---------------------------------------------------------------------------------------11
VII. References-------------------------------------------------------------------------------------12
I Definition of Outsourcing
Outsourcing is contracting with another company or person to do a particular function. Almost every organization outsources in some way. The Business Dictionary provides a more economical definition of outsourcing. It states, contracting, sub-contracting, or 'externalizing' non-core activities to free up cash, personnel, time, and facilities for activities where the firm holds competitive advantage. Firms having strengths in other areas may contract-out data processing, legal, manufacturing, marketing, payroll accounting, or other aspects of their businesses to concentrate on what they do best and thus reduce average unit cost (Business Dictionary, 2011). No...