When Is It Time to Outsource?
That is an important question for economic developers to ask as they work to understand the current wave of offshore outsourcing. Here is what AT Kearny has to say on this matter in a nutshell:
"As a product matures, the integrated business model is less practical because there are fewer opportunities to improve on technological innovation. At this point, companies (or individual business units) may choose to outsource their manufacturing capabilities to a contract manufacturer. When they move to a contract manufacturing business model, an external manufacturer assumes responsibility for manufacturing the product according to specifications dictated by the company or the business unit."
Here for more.
posted by Don Iannone, D.Div., Ph.D. at
Sunday, May 09, 2004
1 Comments:
Today is the best time to outsource our businesses. It has tons of benefits but it depends very much on what situation you are in and where you are located. Offshoring can prove to be quite beneficial to a company in terms of cost efficiency and access to global professionals. Business outsourcing in the Philippines can help you set-up teams with required expertise and can even help you train them to suit your requirements. Offshoring can also be used to enable the local business to enter the world stage when it comes to trade and performance.
By
Kayley, at 8:54 PM
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