Outsourcing can be referred to as the make versus buy decision because firms must decide which functions to keep in-house and what should be outsourced to external suppliers. b. Global sourcing is a critical strategic decision influenced by the capabilities needed to compete. c. Thus, strategic outsourcing is beyond a business strategy. It is also a corporate strategy that must be addressed to gain the most efficiency.
Outsourcing can be referred to as the make versus buy decision because firms must decide which functions to keep in-house and what should be outsourced to external suppliers. b. Global sourcing is a critical strategic decision influenced by the capabilities needed to compete. c. Thus, strategic outsourcing is beyond a business strategy. It is also a corporate strategy that must be addressed to gain the most efficiency.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
100%
Case Study: Solectron: From contract manufacturer to global supply chain integrator.
There is a focus on outsourcing strategies, supply chain design, and
flexibility.
a. Outsourcing can be referred to as the make versus buy decision because firms must
decide which functions to keep in-house and what should be outsourced to external suppliers.
b. Global sourcing is a critical strategic decision influenced by the capabilities needed to compete.
c. Thus, strategic outsourcing is beyond a business strategy. It is also a corporate strategy that must
be addressed to gain the most efficiency.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.