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Author: Marc J Schniederjans
Publisher: Routledge
ISBN: 1317463331
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
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.
Author: Marc J Schniederjans
Publisher: Routledge
ISBN: 1317463331
Category : Business & Economics
Languages : en
Pages : 343
Get Book Here
Book Description
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.
Author: Johnny Ch LOK
Publisher:
ISBN: 9781092826990
Category :
Languages : en
Pages : 45
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Book Description
Chapter TwoHuman resource outsourcing2.1Outsourcing or insourcing in human resource supply chain factorTo choosing of outsourcing or insourcing in human resource supply chain factor of the controlling service demanders needs to concern this issues: Should human resource activities be provided in house or should all or past of those activities be outsourced? The relationship between organizational structure and the HR function is an important variable. The individual activities that comprise HR systems include not only the employee life cycle from recruiting to termination, but also planning for organizational staffing needs and improving organizational effectiveness. How organizations need to outsource HR function to not care employees knowledge and skill is a factor to influence any organizations choose to outsourcing non core employees when which have no any right employees to be promoted to do the position. For example, firms engage in HR outsourcing to reduce management access HR expertise, achieve workforce flexibility, focus managerial resources and keep up with changing workplace negotiations. Also, supporting the tend is the availability of common technology platform, which can reduce costs for organizations and risks. However, organizations are afraid of losing some control over delivery of outsourcing services and finding themselves dependent on the vendor or liable for the vendors actions where there are both benefits and challenges may be informed by the structure of the relationship between client firms and these organizations offering the outsourced activities to client firms.What variables are impacted by HR outsourcing of staffing? Which include: administrative costs for labor expense, client firm to HR relations, HR regulatory competency requirement, knowledge of cost factors, e.g. billing and pay rates, vendor markups and margins, vendor management competency requirement, client and vendor relationship, communication is between client managers and staffing vendor, employee data-available, data quality control, data security, match with job requirement, employee quality, inter-vendor competition, mining of client talent by vendor , quality content for preferred staffing vendor, standardization of business process ( intra-company), strategic focus of client firm, demands on client managers vendor competency and external economic environmental viability.
Author: Johnny Ch Lok
Publisher: Independently Published
ISBN: 9781799109174
Category : Business & Economics
Languages : en
Pages : 46
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Book Description
What is global outsourcing source strategy in a departmental role? In a highly competitive global environment, many manufacturers are responded by setting and outsourcing relations for components and finished products with lower cost producers on a contractual electronic commerce department, ( original equipment manufacturer basis). Outsourcing strategy is part of the value supply chain of corporate activated. Nowadays, global outsourcing increases organizational and technological capacity of firms and cooperating a network of remotely located external suppliers performing. These understanding the important roles that product designers, engineers and production managers and purchasing manager etc. play in global sourcing strategy empowerment. Specially, electronic commerce is popular to supply chain. For example, Toyota car manufacturing company, owns unique capabilities by designing and manufacturing certain car components in-house, i.e. insourcing. Toyota also outsource manufacturing activities, Toyota adopts purchasing necessary, but no strategic inputs from independent component suppliers on obtaining a lower cost for these inputs. For example, products would be belts, tires and batteries to vehicle products that are not customized and do not differentiate its products from its competitors. Toyota's outsourcing strategy is car strategic inputs provide differentiation, e.g. engine, transmission etc. are sources from suppliers based on strategic partnership to gain to access to suppliers' capabilities and it is also a conceptualize global outsourcing sourcing strategy to Toyota car manufacturing company. 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?
Author: Johnny Ch Lok
Publisher:
ISBN: 9781673845228
Category :
Languages : en
Pages : 46
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Book Description
What variables are impacted by HR outsourcing of staffing? Which include: administrative costs for labor expense, client firm to HR relations, HR regulatory competency requirement, knowledge of cost factors, e.g. billing and pay rates, vendor markups and margins, vendor management competency requirement, client and vendor relationship, communication is between client managers and staffing vendor, employee data-available, data quality control, data security, match with job requirement, employee quality, inter-vendor competition, mining of client talent by vendor, quality content for preferred staffing vendor, standardization of business process ( intra-company), strategic focus of client firm, demands on client managers vendor competency and external economic environmental viability.However, it has dynamic relationship between the client firms and staffing vendors. Moreover, the models of human resource supply chain, every has different set of advantages and disadvantages for the client firms. The models can be relate to the decision making process on outsourcing of human resources. As strategic services tactic decisions have an important impact or selecting the particular HR outsourcing model that a client firm adopter. The another model is the balance of power and control over managing the control workers differ to decide what every worker individual skills or abilities outsourcing demand. Moreover, local contracting is also the predominant traditional model for outsourcing staffing with non-core employees. A client firm usually uses several staffing vendors to meet temporary staffing needs for seasonal functions, employee absences and special projects. The advantages of local contracting are high touch and high quality of service by staffing vendors, minimal bureaucracy, empowerment of hiring any high qualified employees to get the job done, and a relatively better fit between specific staffing vendors and functional needs.
Author: Marc J Schniederjans
Publisher: Routledge
ISBN: 131746334X
Category : Business & Economics
Languages : en
Pages : 230
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Book Description
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.
Author: Johnny Ch Lok
Publisher: Independently Published
ISBN: 9781793962140
Category : Business & Economics
Languages : en
Pages : 46
Get Book Here
Book Description
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.
Author: Peter Belohlavek
Publisher: Blue Eagle Group
ISBN: 9871223935
Category :
Languages : en
Pages : 155
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Book Description
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.
Author: Johnny Ch LOK
Publisher:
ISBN: 9781674275802
Category :
Languages : en
Pages : 45
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Book Description
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.
Author: Christian Nitschke
Publisher: GRIN Verlag
ISBN: 3638392732
Category : Technology & Engineering
Languages : en
Pages : 127
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Book Description
Master's Thesis from the year 2005 in the subject Engineering - Industrial Engineering and Management, grade: 2,0, Stellenbosch Universitiy, course: Operations Management, language: English, abstract: The research report takes an in-depth look at the automotive industry and their major participants in the upstream value chain. The different parties involved are the automotive manufacturers (OEMs) and their suppliers. The overall goal of the following report is to identify suitable business models for small to medium sized (SME) automotive suppliers. As the automotive value chain currently undergoes an evolutionary change towards a diminishing vertical integration of the OEMs, it becomes a challenging issue to reconfigure the responsibilities of the suppliers. Thereby OEMs and their suppliers have to cope with a shift from a functional to a process orientated value chain. During this reorganization of the OEM-supplier interface, enterprises realign their strategic intent towards their core competencies as well. Besides the shifting value chain, both suppliers and OEMs have to cope with a consolidation in their industries. This consolidation is impacted by stagnating traditional markets, an ongoing globalization of the value chain, and an increasing productivity pressure in the automotive industry. Looking at the automotive supplier, it becomes obvious that the suppliers are on the one hand challenged by productivity pressures and on the other hand have the opportunity to take over more business of the automotive value chain. The growth potential requires changes in the area of supply chain management and new types of collaboration in the supply network. This prospective development is mainly influenced by a trend towards the outsourcing of entire processes by the OEMs and the increasing need for future innovations in the automotive industry. After discussing the above mentioned issues, the report analyses the role of suppliers with respect to their main customers, the automotive OEMs. Based on the findings business models for suppliers are assessed and key success factors for small to medium sized suppliers are proposed and evaluated. The findings of the evaluation are translated into suggestions for most suitable business models of SMEs. The report concludes with recommendations for the strategy building process indicates problems concerning the shifting value chain, and points out the importance of further research in the field of the small to medium sized automotive supplier industry. [...]
Author: Per V. Jenster
Publisher: John Wiley & Sons
ISBN: 0470014806
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
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.
