Download or read book Outsourcing Or Insourcing Strategy Choice written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-03-24 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter FourWhat is environmental uncertainty factor?4.1What motivate outsourcing what is being outsourced risk and concerns? Whether what motivate outsourcing, evidence of what is being outsourced risk and concerns? Outsourcing activities include: outsources manufacturing components and other value adding activities. Some focused on employment is outsourced another firm's employees carrying out tasks previously performed one's own employees. Outsourcing is an activity outside the organization's chosen core competencies. It seems outsourcing is a sub-contracting relationships between firms, all foreign production, hiring of workers in non-traditional jobs, such as control workers and temporary and part time workers.What are the motivations for outsourcing reasons? Why outsourcing is needed to any organization. For example, it can enable firms to focus on core activities. The concept of focus originates in operation on a small, manageable, number of tasks at which the operation becomes excellent to specific technologies and as a risk of vertical integration advantages. Other benefits of outsourcing appear is literature on strategic management, operations management, purchasing and supply and innovations. Moreover, outsourcing can improve flexibility to meet changing business conditions, demands for products, services and technologies by creating smaller and more flexible clear evidence includes improved creditability image, greater workforce flexibility and avoiding being backed into specific assets and technologies are harder to measure. How outsourcing can improve company performance. For airline manufacturing industry example, Hill & Jones (1995) showed that the manufacture of a large portion of the Boeing 767 is Boeing's third largest commercial aircraft, which is outsourced to Japanese manufacturers, which include Fuji, Kawasaki and Mitsubish. As a result, only 10% of the value of the 767 Boeing is produced in-house. So, outsourcing is an attempt to enhance manufacturing air place industry competitiveness.How can choose smarter outsourcing?

Download or read book Outsourcing and Insourcing in an International Context written by Marc J Schniederjans and published by Routledge. This book was released on 2015-03-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed for upper-level undergraduate or graduate courses in production-operations management, management information systems, international business, and strategic management, this text focuses on concepts, processes, and methodologies for firms planning to undertake or currently involved in outsourcing-insourcing decisions. "Outsourcing and Insourcing in an International Context" is the only available text that includes coverage of the international risk factors associated with this strategy. The book presents a balanced view of the positive and negative aspects of outsourcing, and provides essential coverage of the fundamental techniques involved in any outsourcing-insourcing decision. In addition, it discusses the ethical ramifications of outsourcing for companies and governments around the world. Each chapter includes learning objectives, discussion questions, and sample problems. An Instructor's Manual, Test Bank, and PowerPoint presentation are available to teachers who adopt the text.

Download or read book Outsourcing Or Insourcing Strategy written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-03 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental uncertainty refers to unanticipated changes in circumstances surrounding an exchange in market uncertain and technological uncertainty. Market uncertainty is the fluctuation and unpredictability of demand. With respect to innovation projects, market uncertainty may cause frequent changes to the development, complications and adding expense to external contracting. These changes may necessitate renegotiation or cancellation of innovation contracts, which will likely carry prohibitive penalties ( a term) transaction costs. These transaction costs promote internalization under high levels of market uncertainty. Otherwise, technological uncertainty environments, selecting market governance allows firms the flexibility to end relationship should technical requirements shift. It seems that market and technological external change factor will influence to benefits to any organizations to choose outsourcing strategy. On the other side, outsourcing can bring this question: Whether the offshore outsourcing of information technology jobs choice is suitable to any IT organizations? Nowadays. The offshore outsourcing if IT jobs from the United States has been enabled by a powerful influence of global economic demographic and technological forces. In fact, many IT companies were drawn to offshoring outsourcing because of the need for programmers to fix the Y2K problem in the late 1990- year. It is shortages of US programmers. Other factors driving this phenomenon include the wage gap between the US and developing countries, e.g. China and India, advances in technology, labor availability, expanding foreign markets and foreign government incentives. The spread of the offshoring phenomenon from low skill manufacturing to high wage white collar service industry jobs reduces the country's IT jobs critics, it represents the mobility for many US workers who saw post-secondary education as the route to a higher standard of living. The offshoring outsourcing of manufacturing and service jobs from the US to lower cost foreign nations become a national issue in a very short time. The impact of offshore outsource on the information technology sector gives outsourcing potential loss of millions of jobs at all wage levels and the critical contribution is the IT sector to US productivity growth. However, decisions about the locations of manufacturing or service facilities reflect market forces key factors include the size of local markets, capital availability and costs, labor availability skill levels and cost, logistic issues, reliability and infrastructure and IT in particular relationships with research institutions. All these factors will influence the choice of offshore outsource IT jobs strategy top any organizations.

Download or read book The Handbook of Global Outsourcing and Offshoring written by I. Oshri and published by Springer. This book was released on 2009-10-09 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a broad perspective on issues relating to the sourcing of systems and business processes in a national and global context, examining the client's and the vendor's involvement in sourcing relationships by putting the emphasis on the capabilities that each side should develop as a result of their interactions with each other.

Download or read book The Natural Organization of Outsourcing and Insourcing written by Peter Belohlavek and published by Blue Eagle Group. This book was released on 2007-12 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides executives with the necessary questions to approach outsourcing and insourcing decisions. Technological evolution brought about new ways to approach productive processes. Outsourcing or Insourcing is a question of convenience in the short and long-term. By understanding the nature of outsourcing and by having the necessary questions you will be able to build the natural complementation with third parties to increase productivity and quality. But insourcing is a natural alternative for certain business problems. The adequate mix of both outsourcing and insourcing alternatives will provide the adequate answer to your business problems. This book provides the description of the nature of the outsourcing and insourcing processes. This book is a support for executives that are familiar with the unicist approach to business strategy, and delivers the necessary questions and conceptual information to define the "blending" of outsourcing / insourcing decisions. It includes the unicist ontology of Outsourcing and Insourcing Processes and the questions needed to manage such processes. The implicit recommendation is to define to "outsource" when it is convenient and to "insource" when it is necessary. But when outsourcing has been decided it is necessary to make a deep reflection to define which type of outsourcing should be done. This book will help you consider the benefits, the risks and the costs implicit in each type of outsourcing.

Download or read book Outsourcing Insourcing written by Per V. Jenster and published by John Wiley & Sons. This book was released on 2005-05-05 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outsourcing became fashionable in the late 1980s, came of age in the 1990s, and is now a normal part of corporate life. Written by well-known and respected business authors and incorporating new research from Copenhagen Business School, this book covers the newest elements of outsourcing today and discusses how strategic alliances should be established between the buyer and supplier. Topics explored throughout include the scope, scale and importance of what is outsourced; the pricing and risk sharing involved; and changes to organizations which lead them to seek more outsourcing.

Download or read book Organizational Outsourcing Strategy written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-12 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: How value chain outsourcing affects firm level performance. Global outsourcing strategy means to identify which production units that will serve which particular markets and how components will be supplied for production and thus included a number of basic choices, companies can make in decision how to serve various markets. Either choice relates to the use of inputs, assembly or production within the country to serve a foreign market or decides to use of internal or external supplies of components or finished products. In this outsourcing source input situation, the term sourcing is needed to describe how multi-national companies mange in of components and finished products in serving foreign and domestic markets. Sourcing decision making is both contractual point of view, the sourcing of major components and products are occurred by multi-national companies. First is from parents or their foreign subsidiaries. Second is from independent suppliers on a contractual basis. The first type of sourcing is known as insourcing. Otherwise, the second type of sourcing is referred to outsourcing. How to achieve economies of scale by outsourcing or insourcing sourcing input strategy? Therefore, the two outsourcing strategies are multi-faceted and require careful examination.The two economists ( Abrahamson & Rosenkopf, 1993) indicated that In long term, outsourcing can help to reduce fixed investment in finance view point, in-house manufacturing facilities and thus lower the breakeven point, which subsequently helps boost an outsourcing company whose return on equity (ROE). Thus, if any one corporate performance is evaluated on the basis of its contribution to the company's ROE. Also, in the short term or long term on resource inputs outsourcing view, early adopters of outsourcing strategy indeed experienced efficiency gains as they were able to reduce fixed investment in in-house manufacturing facilities and lows their ROE. But, later adopters may have different to gain institutions legitimacy or because of competition pressures in the industry, despite some inherent uncertainties about the long term costs and benefits of outsourcing strategy. It seems that outsourcing strategy was devised as any organization's policy makers to access trade linkages of benefits for short term or long term. Outsourcing strategy is a systematic analysis of the economic, political and regulatory implications indicates potential benefits along with a number of potentially negative side effects to any organizations. Then, outsourcing strategy will be caused this question: How to assess the risks and benefits of outsourcing for organizational sectors and nations both? The decision to change outsourcing behavior to carry a business activity may have profound implications for outsourcer and outsource receiver both, but little impact of the sector level. The common occurrence of industry decisions to outsource most manufacturing, including sale of factories, it created a new sub-sector, contract manufacturing. Otherwise, at a national level and public sectors become less distinct to outsourcing strategy. Public policy on outsourcing has stimulated extensive debate, privatization social justice and value for money etc. challenges.

Download or read book Information Technology Investment written by Marc J. Schniederjans and published by World Scientific. This book was released on 2010 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the individual to the largest organization, everyone today has to make investments in IT. Making a smart investment that will best satisfy all the necessary decision-making criteria requires careful and inclusive analysis. This textbook provides an up-to-date, in-depth understanding of the methodologies available to aid in this complex process of multi-criteria decision-making. It guides readers on the process of technology acquisition ? what methods to use to make IT investment decisions, how to choose the technology and justify its selection, and how the decision will impact the organization.Unique to this textbook are both financial investment models and more complex decision-making models from the field of management science so that readers can extend the analysis benefits to enhance and confirm their IT investment choices. The wide range of methodologies featured in the book gives readers the opportunity to customize their best-fit solutions for their unique IT decision situation. This textbook is especially ideal for educators and students involved in programs dealing with technology management, operations management, applied finance, operations research, and industrial engineering.A complimentary copy of the ?Instructor's Manual and Test Bank? and the PowerPoint presentations of the text materials are available for all instructors who adopt this book as a course text. Please send your request to [email protected].

Download or read book Sourcing Strategy written by Sudhi Seshadri and published by Springer Science & Business Media. This book was released on 2005-12-05 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sourcing Strategy is about sourcing as a long term strategic activity. Myopic purchasing management stops short with describing functional procedures and procedural innovations such as online order processing. The goal of this book is not merely to document sourcing strategy, but to provide the tools to determine it. Therefore, rather than merely describe common sourcing processes, the book takes a normative approach to sourcing strategy. It argues for a rational, complete and integrated process view. It supports its recommendations with logical arguments from an interdisciplinary and analytical approach grounded in microeconomics, law and business strategy. Part 1 of the book explains the economic and business principles that underlie sourcing strategies. It derives policies that guide viable strategies to meet sourcing goals. Part 2 applies these to creative designs for standard sourcing scenarios.

Download or read book Information Technology Outsourcing written by Suzanne Rivard and published by Routledge. This book was released on 2015-03-26 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume in the "Advances in Management Information Systems" series presents the latest cutting-edge knowledge in IT outsourcing. As part of the growing business trend to outsourcing various operations, IT outsourcing both determines the governance of a vital organizational function and influences the processes of exploitation and exploration in all other functions of an enterprise. In keeping with the mission of the "AMIS" series, the editors of this volume have framed the domain of research and practice broadly. "Information Technology Outsourcing" provides leading edge research on both the variety of decisions regarding the outsourcing of IS services and the management of the relationship with service suppliers.

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.

Download or read book Strategic Outsourcing written by Bharat Vagadia and published by Springer Science & Business Media. This book was released on 2011-10-27 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a road-map to successful implementation of strategic outsourcing programmes, providing down-to-earth approaches to outsourcing decision making and programme management, based on a grass-roots understanding. A practitioner-focused book for business leaders and managers providing a holistic view of strategic outsourcing, covering the three essential pillars of success: risks, rewards and relationships. The author shows how business leaders can transform organisational business models, structures and mind-sets, taking the reader on a journey through the book's fifteen chapters, helping the reader truly grasp: the drivers for change as a result of globalisation and convergence and their impact on organisational strategies; how outsourcing can transform the various processes and functions of an organisation; the impact outsourcing is having on various industry vertical sectors; the eight foundations of successful strategic outsourcing programmes, which when combined with strategic decision-making knowledge, guarantees that organisations embarking on the strategic outsourcing journey, derive the transformational benefits they seek.

Download or read book Global Value Chains and Production Networks written by Fengru Cui and published by Academic Press. This book was released on 2018-12-05 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Value Chains and Production Networks: Case Studies of Siemens and Huawei presents theories and frameworks that facilitate the evolution of GPN studies, from macro perspectives based on territory and industry to the use of micro (firm-level) data. The book explores these theories and frameworks through detailed case studies of two major corporations, Siemens and Huawei. With the GPN/GVC structure of Chinese firms not well known outside China, despite the growing importance of Chinese firms in the global economy, this guide plays a pivotal role in facilitating the use of data that promise to unlock economic cooperation and value. Emphasizes micro-data analytical models and their methodological underpinnings Illustrates how these data illuminate the economic structures of two comparable GPNs within highly divergent institutional contexts Suggests how companies can cooperate with foreign partners to enhance their global management capacity and reshape their advantages in international competition

Download or read book Demystifying Outsourcing written by Debbie Friedman and published by John Wiley & Sons. This book was released on 2006-08-28 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demystifying Outsourcing emphasizes the importance of building partnerships with consultants and vendors to achieve results. Training managers who utilize this resource will build their confidence and strengthen their outsourcing capabilities as they navigate complex outsourced projects. As a comprehensive toolkit, the book takes the reader step by step through an outsourced initiative. Numerous stories bring the challenges of outsourcing to light. Practical tips and tools, and worksheets on the accompanying CD can be tailored easily to any project. Topics include: Current trends and guiding principles in outsourcing A strategic sourcing decision model to help managers make wise choices about what to outsource and what to retain Identifying and selecting outsourcing partners The RFP process and contract negotiations Positioning consultants and vendors in the organization Design, delivery and program evaluation of outsourced initiatives Special situations such as dealing with conflict, inheriting a consultant and working with multiple consultants and vendors Debbie Friedman is Operating Vice President at Federated Department Stores, where she heads up the Federated Leadership Institute, a training function whose mission is to strengthen the leadership capabilities of the top 1,800 executives.

Download or read book Managing Information Technology Resources in Organizations in the Next Millennium written by Information Resources Management Association. International Conference and published by IGI Global. This book was released on 1999-01-01 with total page 1154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Information Technology Resources in Organizations in the Next Millennium contains more than 200 unique perspectives on numerous timely issues of managing information technology in organizations around the world. This book, featuring the latest research and applied IT practices, is a valuable source in support of teaching and research agendas.

Download or read book Strategic Outsourcing written by Maurice F. Greaver and published by Amacom Books. This book was released on 1999 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outsourcing is a strategic decision. This guide e×plores outsourcing involving fundamental questions about a company's future, core competencies, costs, performance, and competitive advantage. It shows how to use outsourcing as a strategic tool to create a focused, robust organization.

Download or read book Global Outsourcing Strategies written by Roxane Gervais and published by Routledge. This book was released on 2017-03-02 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most significant techniques to which companies and organizations have turned to improve service delivery and reduce costs has been outsourcing. Over the last 10 years, almost any process has been successfully outsourced. But during that period there have been failures too; projects that never realised their objectives or that had unforeseen impact on business. Global Outsourcing Strategies is a state-of-the-art guide to the best lessons to be learned for successfully implementing and outsourcing projects, or for revisiting existing operations. The 22 chapters explore some of the new areas for outsourcing, after traditional targets such as IT and finance. Information is provided on the different facets of the outsourcing process, such as contract negotiation, the risks involved in outsourcing, the need for service level agreements, the critical requirements needed to build and sustain outsourcing relationships, and ethical supply chain issues. There are also sections exploring the impact of outsourcing on organizational structures; the long term effects; legal issues; management control and inter-firm relationships; as well as case studies from both the public and private sector on the practical side of outsourcing. The book will appeal to practitioners and researchers alike. This is a must-have guide for any organization approaching outsourcing as a global (or local) strategy and for those organizations now reviewing or developing their outsourcing partnerships.