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Business Process Outsourcing (BPO)
Business Process Outsourcing or BPO is the process of partnering with third-party vendors for different business operations. The third-party vendor administrates and manages the entire selected business process. From start-ups to established large companies, outsourcing has become a common practice as it involves expertise and innovative strategies. Initially, BPO started with large manufacturing organizations to manage the supply chain management. But, today, the BPO industry has grown and extended its hands to various industries such as; Telecom, Banking, Real Estate, Healthcare, IT, etc.
