{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Manufacturing vs outsourcing - Manufacturing vs Outsourcing...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Manufacturing vs. Outsourcing 1 Manufacturing vs. Outsourcing Warren Synecky Introduction to Business / BUSN105-57 April 16th, 2010
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
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.
Image of page 2
Manufacturing vs. Outsourcing 3 I have chosen to outsource my manufacturing needs to an off shore company.
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern