Motives of Manufacturing Outsourcing in Discrete Manufacturing Industries PDF Download

Author: Manoj Mohanty
Publisher: GRIN Verlag
ISBN: 3668015767
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
Research Paper (postgraduate) from the year 2015 in the subject Business economics - Supply, Production, Logistics, , language: English, abstract: Competitive organizations forced to design their supply chain strategies in line with endless customer demand like service speed, faster delivery and low cost products without compromising quality. This only can be possible with a reliable, responsive and quality supplier base. The motives of outsourcing product, sub product or service may be different from organization to organization and may be department to department within an organization. Through this study we have tried to understand the motives of manufacturing outsourcing in selected discrete manufacturing industries of India. This study explores the various motives / considerations of manufacturing outsourcing during the product cycle i.e. engineering, project execution and manufacturing stage.

Author: Asbjørn Rolstadås
Publisher: Springer Science & Business Media
ISBN: 1447129547
Category : Technology & Engineering
Languages : en
Pages : 229

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Book Description
All companies which reach a critical size are faced with outsourcing decisions that can increase the value of their products and services primarily through lower costs, greater reliability and improved efficiency. Successful outsourcing decisions have an important knowledge dimension, where the outsourcing professionals need to be supported by historical and contextual knowledge regarding their own products performance but also the performance of suppliers. Outsourcing in Manufacturing: the Knowledge Dimension explains in detail how a manager can acquire, create, transfer and use knowledge that optimizes their outsourcing decisions and improves the changes of marketplace success. Outsourcing in Manufacturing: the Knowledge Dimension gives examples of the key decisions that needs to be taken by managers regarding effective outsourcing. Decisions are divided around the structural and infrastructural aspects of outsourcing and the key knowledge that needs to be managed to support good decisions. The book contains illustrations and examples of key processes throughout and concludes with a section dedicated to case studies. These case studies represent a variety of manufacturing system types and sizes focused on supply chain integration, and which deploy various manufacturing paradigms including craft, mass, lean, adaptive, and sustainable manufacturing. Outsourcing in Manufacturing: the Knowledge Dimension covers many theoretical and practical examples of critical outsourcing decisions, their knowledge aspects and how knowledge challenges can be dealt with in a systematic way. It provides a key resource for students, lecturers and industry managers looking to solidify their understanding and application of outsourcing decision making strategies. .

Author: Boris Kuster
Publisher: GRIN Verlag
ISBN: 3638298582
Category : Business & Economics
Languages : en
Pages : 102

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Book Description
Bachelor Thesis from the year 2004 in the subject Business economics - Supply, Production, Logistics, grade: 80% England, 1,3 (A), University of Greenwich (School of Engineering), language: English, abstract: Is Outsourcing manufacturing as the strategic solution to strengthen future competitiveness or just a modern trend? The aim of the project is to answer this and closely related questions with either economic or business content. The analysis begins with first generating an awareness of the nowadays employed outsourcing business and variances and the steadily surrounding decision making process. The advantages and disadvantages of outsourcing, outsourcing specifically manufacturing and the different sourcing strategies are shown and lead to further questions like the importance of virtual companies or the economic impact of outsourcing. As the outsourcing decision and amount is not universal but determined by very specific criteria a combined implementation way was chosen to finally reach the projects aims. Three industry case studies (automotive, electronics manufacturing and pharmaceutical production) were conducted to show contribution to the often unique processes and understand details influencing the decision. Furthermore an E-Mail survey was conducted assessing production managers’ (again of various industries) opinions about outsourcing manufacturing and researching their companies’ outsourcing degrees. Charts were extensively used to visualize the calculated data and the combination of both case studies and questionnaire finally led to the combined and entire evaluation of nowadays outsourcing business and its related swings and roundabouts. In this way the project could be brought to completion The self critical future work an problem sections mention further approached and solution possibilities for future project in the same field.

Author: Manoj Kumar Mohanty
Publisher:
ISBN: 9783668980884
Category :
Languages : en
Pages : 208

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Book Description
Document from the year 2019 in the subject Business economics - Industrial Management, language: English, abstract: The strength of the supply chain largely depends upon the strength of the associated suppliers to the organization. Development of the associates is a direct method to improve original equipment manufacturers or buying organizations' development. Supplier development is associated with many desirable outcomes like cost reduction, time to market, reduced cycle time, improved quality of the product, manufacturing flexibility and knowledge exchange between business partners. Manufacturing sector plays a vital role in the economy of every country for value creation, contribution to the GDP, boosts foreign exchange reserves, employment generation and poverty reduction. This calls for a special focus on manufacturing sector and so as on manufacturing outsourcing value chain. The role of small scale suppliers (SSI) are substantial in providing the competitive edge to the manufacturing organizations. So it is advisable to keep the SSI suppliers' growth, development and satisfaction high in order to meet the desired operational flexibility, competitive advantage, time to market, increased market share and improved profit by the large scale organizations. Lot of research activities carried out in reference to the supplier development (SD) from buying firm's perspective. Supplier development models, theoretical frameworks, barriers of SD explored only from the buying organizations view point. Very little research carried out on SD from selling organization point of view and that too in discrete manufacturing sector, it is not witnessed even one. This book is trying to explore the attributes which are affecting directly or indirectly the development of small scale manufacturing sectors to support the overall value chain.

Author: Andy a. Tsay
Publisher: Now Publishers
ISBN: 9781601988447
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
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.

Author: Alessandra Vecchi
Publisher: Springer
ISBN: 3319588834
Category : Business & Economics
Languages : en
Pages : 234

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Book Description
This book examines key aspects of the increasingly important phenomenon of reshoring – the decision of companies to reverse offshoring by bringing manufacturing back from overseas. The aim is to equip readers with a full understanding of the current extent of reshoring, its drivers, and the associated opportunities and challenges. The impact of governments’ economic policies on the location choices of entrepreneurs in an era of globalization is carefully analyzed, drawing on experiences in the United States and Italy, where contrasting encouragement is provided for reshoring decisions. The effect on reshoring of recent developments regarding technology, the environment, and other factors is assessed in depth, and readers will also find close scrutiny of the relationship between reshoring and manufacturing performance. The book will be of interest to all academics, researchers, and practitioners with an interest in the manufacturing industry and will be an excellent teaching aid for a variety of courses in different disciplines at both undergraduate and postgraduate level.

Author: Torben Pedersen
Publisher: Emerald Publishing Limited
ISBN: 9781787430723
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Recent developments are challenging the traditional separation between advanced and emerging economies as host of knowledge and production-intensive activities, respectively. Authors assess whether the co-location of R&D and manufacturing is critical for development and innovation.

Author: Johnny Ch Lok
Publisher: Independently Published
ISBN: 9781091775718
Category : Business & Economics
Languages : en
Pages : 46

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Book Description
Firm in every sector of the economy contract with other firms as part of their production process, as do governmental entities. The functions that are outsourced vary widely. For example: human resources ans research and development functions, building services, recycling, regulation and compliance, accounting, credit card collection, call centres, mortage and check processing, information technology and data processing, logistics and transportation, machine maintenance, cable installation, food services, food processing, parts manufacturing and assembly, laundry and housekeeping etc. outsourced jobs causes.Whether what business impact of outsourcing will be caused? Nowadays, IT outsourcing was clearly a part of an effective management strategy that the companies felt IT outsourcing strategy can bring to achieve positive results. Information technology outsourcing providing servicers will be predicted to provide services that is expected to raise over the next five years minimum. The companies demand clients expected benefits of IT outsourcing and determined that cost reduction, increased operation, efficiency and improved IT effectiveness. What are the impacts of outsourcing to influence better long-term improvement in the business performance? It is impossible to being benefits of significant reduction and lower growth in sellings, general and administrative expense to IT outsourcing company demand clients. Also, pre-existing corporate cultures are focused on business improvement to IT outsourcing company demand clietns. In the past researches, some economists indicated that points can be used to reflect the actual numbers increase or decrease in percent. However, their prior researches shows that prior to outsourcing, the annual growth in selling, general and administration expenses of eompanies in the study was already 4.2 points lower than sector medium. Moreover, within one to two years after IT outsourcing these companies improved even most. Annual growth in selling and general administrative expenses for them was 9.9 points lower efford to assist any IT outsourcing will have selling and administrative expenses for long term. Also, almost two-third of the companies studied outperformed in increased growth in return on asset two to three years after IT outsourcing commenced. Prior to outsourcing, the annual ROA growth rate for companies in the study ws 7.5 points lower than the sector median. After outsourcing, however these companies experienced 8.6 points higher median a substantial change of 16.1 points. Also, nearly two to third of the companies studied grew earnings faster than their peers. Two to three years after IT outsourcing, companies experienced an annual rate of growth in earnings 11.8 points higher than the growth rate of the sector median. Thus, it seems IT outsourcing can assist the IT outsourcing demand clients to reduce expenditure and to raise income both as the same time. Then, it will cause these questions to IT outsourcing demand clients. Is outsourcing influencing in an economic downturn to finance sector in the short term? Is the finance sector's renewed change for outsourcing just a temporary cost-cutting measure? Will today's economic climate initiate long term financial and productivity gains?

Author: A. Der Madirossian
Publisher:
ISBN:
Category :
Languages : en
Pages : 110

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Author: Reinhard Nickel
Publisher: GRIN Verlag
ISBN: 3638115348
Category : Business & Economics
Languages : en
Pages : 34

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Book Description
Diploma Thesis from the year 2000 in the subject Business economics - Offline Marketing and Online Marketing, grade: good (2,0), Ruhr-University of Bochum (VWA Lippstadt), language: English, abstract: There is almost no day passing without any news about mergers, acquisitions or cooperations between two or more companies. In most cases, one of the major motivations is the recognition of cost reduction potentials to stabilize profits. Daimler-Benz and Chrysler, since early 1999 known as DaimlerChrysler, merged their R & D and sourcing activities to achieve economies of scale. But for what reason do they have to stabilize profits? Because they live in a world of decreasing margins and stagnating sales. It is evident that despite their high volumes the markets of the industrialized countries are almost satisfied and lack appreciable growth rates. Product life cycles (PLCs) become gradually shorter, reducing the profit periods of products. Moreover, these markets are mostly dominated by a destructive price competition so that often companies are forced to offer at almost dumping prices in order to survive. The big German mineral oil enterprises recently claimed that the introduction of Dea′s payback card to bind their customers via a one-pfennig (!) patronage refund per consumed liter had been, in their opinion, responsible for a follow-up ruinous price "battle". At the same time, they were all fighting together against the private brands. Shortly afterwards, it was the food trade battling, which had been instigated by Wal Mart′s dumping-price policy with basic foodstuff. And this development will continue. Therefore, companies more and more initiate activities to conquer foreign markets, with many of them evading to less developed countries. This apparent contradiction turns out to be a logical step of enlarging upon business activities because many of these countries are on the threshold of becoming industrialized and consequently, they reveal huge potentials of unsatisfied demands, which, up to that point, remained unattended. Hence, even small and medium-sized enterprises turn "international", seeking advantages in distribution and sourcing as well.