Whois & Analysis for 1source.global

Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider.

Originally, this was associated with manufacturing firms, such as Coca-Cola that outsourced large segments of its supply chain.

Australia, officially the Commonwealth of Australia, is a country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands.

It is the world's sixth-largest country by total area.

The neighbouring countries are Papua New Guinea, Indonesia and East Timor to the north; the Solomon Islands and Vanuatu to the north-east; and New Zealand to the south-east.

Australia's capital is Canberra, and its largest urban area is Sydney.

Sydney is the state capital of New South Wales and the most populous city in Australia and Oceania.

Located on Australia's east coast, the metropolis surrounds the world's largest natural harbour, and sprawls towards the Blue Mountains to the west.

Residents of Sydney are known as "Sydneysiders".

Together with the capital Canberra, Sydney is the de facto joint seat of government of Australia with the Governor-General of Australia, the Prime Minister of Australia and many federal government ministries maintaining substantial presences in Sydney.

A back office in most corporations is where tasks dedicated to running the company itself take place.

The term back office comes from the building layout of early companies where the front office would contain the sales and other customer-facing staff and the back office would be those manufacturing or developing the products or those involved in administration without being seen by customers.

Although the operations of a back office are seldom prominent, they are a major contributor to a business.

Broadly speaking, back office includes roles that affect the left side (costs) of business' trading statement.

Procurement is the act of finding, acquiring, buying goods, services or works from an external source, often via a tendering or competitive bidding process.

The process is used to ensure the buyer receives goods, services or works at the best possible price, when aspects such as quality, quantity, time, and location are compared.

Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risk, such as exposure to fraud and collusion.