Internal and External Sourcing Strategies

Business & Finance, Management & Leadership, Production & Operations Management
Cover of the book Internal and External Sourcing Strategies by James Tallant, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: James Tallant ISBN: 9783640838004
Publisher: GRIN Publishing Publication: February 21, 2011
Imprint: GRIN Publishing Language: English
Author: James Tallant
ISBN: 9783640838004
Publisher: GRIN Publishing
Publication: February 21, 2011
Imprint: GRIN Publishing
Language: English

Essay from the year 2010 in the subject Business economics - Supply, Production, Logistics, grade: 91.00, University of Phoenix, course: ISCOM 370 Strategic Supply Chain Management, language: English, abstract: Internal/External Sourcing Strategies Paper Organizations face challenges to improve their financial standing. Challenges such as product design and quality, cost of goods sold, and cycle time contribute to an organizations financial health. To assist organizations better control these factors, supply chain management techniques, when implemented improve costs, delivery cycle times, and quality. Supply chain management achieves these goals through the use of strategic sourcing. Strategic sourcing leads organizations' to decide whether they want to keep certain activities in-house or internally or if they want to outsource or have certain activities done externally for them by another organization or supplier. This paper will evaluate the differences between internal and external sourcing strategies in service and manufacturing organizations. In addition, advantages and disadvantages of outsourcing to foreign countries are reviewed. Finally, a favorable position of outsourcing to a foreign country is undertaken with supporting evidence.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Essay from the year 2010 in the subject Business economics - Supply, Production, Logistics, grade: 91.00, University of Phoenix, course: ISCOM 370 Strategic Supply Chain Management, language: English, abstract: Internal/External Sourcing Strategies Paper Organizations face challenges to improve their financial standing. Challenges such as product design and quality, cost of goods sold, and cycle time contribute to an organizations financial health. To assist organizations better control these factors, supply chain management techniques, when implemented improve costs, delivery cycle times, and quality. Supply chain management achieves these goals through the use of strategic sourcing. Strategic sourcing leads organizations' to decide whether they want to keep certain activities in-house or internally or if they want to outsource or have certain activities done externally for them by another organization or supplier. This paper will evaluate the differences between internal and external sourcing strategies in service and manufacturing organizations. In addition, advantages and disadvantages of outsourcing to foreign countries are reviewed. Finally, a favorable position of outsourcing to a foreign country is undertaken with supporting evidence.

More books from GRIN Publishing

Cover of the book Innovation and new product development by James Tallant
Cover of the book The Dilemma of Cash Management in China by James Tallant
Cover of the book Differential and Generative Structure of Language by James Tallant
Cover of the book Analysis and improvement of the setup time reduction effect, the order strategies and the operating curves of manufacturing operations by James Tallant
Cover of the book Concepts of Time in 'To the Lighthouse' and 'Mrs. Dalloway' by Virginia Woolf by James Tallant
Cover of the book Cultural Clash and Cultural Due Diligence at DaimlerChrysler by James Tallant
Cover of the book Drawing on relevant theories of business ethics, examine managerial approaches used in dealing with ethical dilemmas by James Tallant
Cover of the book Peter Ackroyd and Metafiction. A Brief Introduction by James Tallant
Cover of the book Potential Benefits And Limitation Of Adopting The IFRS For Germany by James Tallant
Cover of the book Calcium Chloride Recovery in Soda Ash Production by Solvay's Process by James Tallant
Cover of the book The core leadership competencies by James Tallant
Cover of the book Is the EU Fiscal Compact enough to avoid another Euro Crisis? by James Tallant
Cover of the book Diversity in the German Hospitality Industry and how it affects Human Resources Management concerning women friendly working policies by James Tallant
Cover of the book The Welfare Regime Debate and Health Care Provision by James Tallant
Cover of the book The Modern Portrait in Eliot's 'Portrait of a Lady' by James Tallant
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy