Author(s): Maaz Ahmed Qureshi | Muhammad Salman | Rameez Khalid
Journal: International Journal of Materials, Mechanics and Manufacturing
ISSN 1793-8198
Volume: 1;
Issue: 1;
Start page: 92;
Date: 2013;
Original page
Keywords: Balance score cards | core competency | framework | outsourcing.
ABSTRACT
Outsourcing is a phenomenon that has changed the global business scenario. A practically applicable framework has been developed and tested in order to provide a tool for manufacturing industries for making decision regarding outsourcing. The main purpose of this paper is to target those countries where outsourcing manufacturing is still a new concept and provide them with an easy to follow framework. This framework will make the process of decision analysis easier and reliable for them. The proposed framework is a step by step model which by using core competency check, decision matrix, balance score card models and cost equations makes sure that the organization makes the right decision regarding whether a particular activity should be outsourced or not.
Journal: International Journal of Materials, Mechanics and Manufacturing
ISSN 1793-8198
Volume: 1;
Issue: 1;
Start page: 92;
Date: 2013;
Original page
Keywords: Balance score cards | core competency | framework | outsourcing.
ABSTRACT
Outsourcing is a phenomenon that has changed the global business scenario. A practically applicable framework has been developed and tested in order to provide a tool for manufacturing industries for making decision regarding outsourcing. The main purpose of this paper is to target those countries where outsourcing manufacturing is still a new concept and provide them with an easy to follow framework. This framework will make the process of decision analysis easier and reliable for them. The proposed framework is a step by step model which by using core competency check, decision matrix, balance score card models and cost equations makes sure that the organization makes the right decision regarding whether a particular activity should be outsourced or not.
