Manufacturing vs outsourcing - Manufacturing vs....

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Manufacturing vs. Outsourcing 1 Manufacturing vs. Outsourcing Warren Synecky Introduction to Business / BUSN105-57 April 16th, 2010
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Manufacturing vs. Outsourcing 2 Abstract Costello (2005) stated “ A recent survey reported in a leading trade magazine noted that 66% of U.S. manufacturers have now begun to outsource product design.” This is a huge number. It shows the trend the world is taking in leaning towards outsourcing at least part of the company’s operations. Outsourcing has some very distinct advantages. According to an article on Developing and Planning your Product (2009) there is no cost for a facility, fewer personnel needs as you will not need to maintain a labor staff, a reduction in capital costs and start up time are a few of the advantages. Along with these advantages are also some prominent disadvantages you must consider. With outsourcing you lose control over the final product as well as confidentiality of the product. These are major concerns, especially from an inventor’s standpoint.
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Manufacturing vs. Outsourcing 3 I have chosen to outsource my manufacturing needs to an off shore company. I
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This note was uploaded on 04/02/2011 for the course BUSN 105 taught by Professor Markw.preising during the Fall '10 term at American InterContinental University.

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Manufacturing vs outsourcing - Manufacturing vs....

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