Assessing The Use Of Outsourcing And Offshoring For Engineering Designs

Download or read book Designing and Controlling the Outsourced Supply Chain written by Andy a. Tsay and published by Now Publishers. This book was released on 2014-06-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: All organizations outsource. They differ only in the scope and extent of what they procure as goods and services from outside entities. These choices drive an organization's financial performance and long-term competitive viability, and establish the tenor of day-to-day operations. Outsourcing can solve many problems, but is also fraught with hidden costs and risks. This monograph examines outsourcing from a lifecycle perspective. This means tracing the full arc from the germination of the idea to outsource, to the assessment of options, to the installation of control mechanisms, to grappling with conflicts that inevitably arise over time, all the way to the sunset of the chosen strategy. The analysis is highly attentive to the details of operational execution, especially regarding how human resources participate in these decision processes and are impacted by the choices made.