Outsourcing Or Insourcing Strategy Choice

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Outsourcing Or Insourcing Strategy Choice

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781091415201
Total Pages : 46 pages
Book Rating : 4.4/5 (152 download)

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Book Synopsis Outsourcing Or Insourcing Strategy Choice by : Johnny Ch Lok

Download or read book Outsourcing Or Insourcing Strategy Choice written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-03-24 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter FourWhat is environmental uncertainty factor?4.1What motivate outsourcing what is being outsourced risk and concerns? Whether what motivate outsourcing, evidence of what is being outsourced risk and concerns? Outsourcing activities include: outsources manufacturing components and other value adding activities. Some focused on employment is outsourced another firm's employees carrying out tasks previously performed one's own employees. Outsourcing is an activity outside the organization's chosen core competencies. It seems outsourcing is a sub-contracting relationships between firms, all foreign production, hiring of workers in non-traditional jobs, such as control workers and temporary and part time workers.What are the motivations for outsourcing reasons? Why outsourcing is needed to any organization. For example, it can enable firms to focus on core activities. The concept of focus originates in operation on a small, manageable, number of tasks at which the operation becomes excellent to specific technologies and as a risk of vertical integration advantages. Other benefits of outsourcing appear is literature on strategic management, operations management, purchasing and supply and innovations. Moreover, outsourcing can improve flexibility to meet changing business conditions, demands for products, services and technologies by creating smaller and more flexible clear evidence includes improved creditability image, greater workforce flexibility and avoiding being backed into specific assets and technologies are harder to measure. How outsourcing can improve company performance. For airline manufacturing industry example, Hill & Jones (1995) showed that the manufacture of a large portion of the Boeing 767 is Boeing's third largest commercial aircraft, which is outsourced to Japanese manufacturers, which include Fuji, Kawasaki and Mitsubish. As a result, only 10% of the value of the 767 Boeing is produced in-house. So, outsourcing is an attempt to enhance manufacturing air place industry competitiveness.How can choose smarter outsourcing?

Outsourcing and Insourcing in an International Context

Author : Marc J Schniederjans
Publisher : Routledge
ISBN 13 : 1317463331
Total Pages : 343 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Outsourcing and Insourcing in an International Context by : Marc J Schniederjans

Download or read book Outsourcing and Insourcing in an International Context written by Marc J Schniederjans and published by Routledge. This book was released on 2015-03-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Outsourcing Or Insourcing Strategy

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781096766858
Total Pages : 46 pages
Book Rating : 4.7/5 (668 download)

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Book Synopsis Outsourcing Or Insourcing Strategy by : Johnny Ch Lok

Download or read book Outsourcing Or Insourcing Strategy written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-03 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental uncertainty refers to unanticipated changes in circumstances surrounding an exchange in market uncertain and technological uncertainty. Market uncertainty is the fluctuation and unpredictability of demand. With respect to innovation projects, market uncertainty may cause frequent changes to the development, complications and adding expense to external contracting. These changes may necessitate renegotiation or cancellation of innovation contracts, which will likely carry prohibitive penalties ( a term) transaction costs. These transaction costs promote internalization under high levels of market uncertainty. Otherwise, technological uncertainty environments, selecting market governance allows firms the flexibility to end relationship should technical requirements shift. It seems that market and technological external change factor will influence to benefits to any organizations to choose outsourcing strategy. 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.

The Handbook of Global Outsourcing and Offshoring

Author : I. Oshri
Publisher : Springer
ISBN 13 : 0230251072
Total Pages : 279 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis The Handbook of Global Outsourcing and Offshoring by : I. Oshri

Download or read book The Handbook of Global Outsourcing and Offshoring written by I. Oshri and published by Springer. This book was released on 2009-10-09 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a broad perspective on issues relating to the sourcing of systems and business processes in a national and global context, examining the client's and the vendor's involvement in sourcing relationships by putting the emphasis on the capabilities that each side should develop as a result of their interactions with each other.

Organizational Outsourcing Strategy

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781793962140
Total Pages : 46 pages
Book Rating : 4.9/5 (621 download)

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Book Synopsis Organizational Outsourcing Strategy by : Johnny Ch Lok

Download or read book Organizational Outsourcing Strategy written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-12 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Insourcing and Outsourcing in Manufacturing as a Strategic Decision

Author : Maria Karamanos
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (138 download)

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Book Synopsis Insourcing and Outsourcing in Manufacturing as a Strategic Decision by : Maria Karamanos

Download or read book Insourcing and Outsourcing in Manufacturing as a Strategic Decision written by Maria Karamanos and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Company A, a grocery retailer, is seeking clarity on best practices for insourcing and outsourcing their packaging materials and supplies. Additionally, they are bringing on more nodes to their network, leading to concerns as to how to integrate them into the current model. This thesis provides a recommendation as to if they should insource or outsource their packaging supplies by considering the costs and benefits included with both options. It also outlines a framework for integrating new nodes into their network with an emphasis on the integration of service centers. The methodology of this thesis consists of publicly available sources and experts within Company A. The publicly available sources are primarily found through the database resources at Penn State as well as case studies in similar industries. In addition, examples of strategies regarding the decision to insource or outsource in a variety of industries were considered to ensure a comprehensive decision-making process. Tradeoffs impacting the network of Company A were considered and analyzed, funneling into a framework outlined to address the addition of new nodes in the network. The framework and outlined considerations work to ensure a balance between cost and service on the part of Company A and emphasize the importance of a positive return on the investments being made.

The Natural Organization of Outsourcing and Insourcing

Author : Peter Belohlavek
Publisher : Blue Eagle Group
ISBN 13 : 9871223935
Total Pages : 155 pages
Book Rating : 4.8/5 (712 download)

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Book Synopsis The Natural Organization of Outsourcing and Insourcing by : Peter Belohlavek

Download or read book The Natural Organization of Outsourcing and Insourcing written by Peter Belohlavek and published by Blue Eagle Group. This book was released on 2007-12 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Sourcing Strategy

Author : Sudhi Seshadri
Publisher : Springer Science & Business Media
ISBN 13 : 0387251839
Total Pages : 324 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Sourcing Strategy by : Sudhi Seshadri

Download or read book Sourcing Strategy written by Sudhi Seshadri and published by Springer Science & Business Media. This book was released on 2005-12-05 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sourcing Strategy is about sourcing as a long term strategic activity. Myopic purchasing management stops short with describing functional procedures and procedural innovations such as online order processing. The goal of this book is not merely to document sourcing strategy, but to provide the tools to determine it. Therefore, rather than merely describe common sourcing processes, the book takes a normative approach to sourcing strategy. It argues for a rational, complete and integrated process view. It supports its recommendations with logical arguments from an interdisciplinary and analytical approach grounded in microeconomics, law and business strategy. Part 1 of the book explains the economic and business principles that underlie sourcing strategies. It derives policies that guide viable strategies to meet sourcing goals. Part 2 applies these to creative designs for standard sourcing scenarios.

When Does Organization Need to Implement Outsourcing Or Insourcing Strategy

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781674275802
Total Pages : 45 pages
Book Rating : 4.2/5 (758 download)

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Book Synopsis When Does Organization Need to Implement Outsourcing Or Insourcing Strategy by : Johnny Ch LOK

Download or read book When Does Organization Need to Implement Outsourcing Or Insourcing Strategy written by Johnny Ch LOK and published by . This book was released on 2019-12-11 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Outsourcing Or Insourcing Strategy Is Suitable

Author : Johnny Ch Lok
Publisher :
ISBN 13 : 9781673845228
Total Pages : 46 pages
Book Rating : 4.8/5 (452 download)

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Book Synopsis Outsourcing Or Insourcing Strategy Is Suitable by : Johnny Ch Lok

Download or read book Outsourcing Or Insourcing Strategy Is Suitable written by Johnny Ch Lok and published by . This book was released on 2019-12-10 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Strategic Outsourcing

Author : Bharat Vagadia
Publisher : Springer Science & Business Media
ISBN 13 : 3642222099
Total Pages : 245 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis Strategic Outsourcing by : Bharat Vagadia

Download or read book Strategic Outsourcing written by Bharat Vagadia and published by Springer Science & Business Media. This book was released on 2011-10-27 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a road-map to successful implementation of strategic outsourcing programmes, providing down-to-earth approaches to outsourcing decision making and programme management, based on a grass-roots understanding. A practitioner-focused book for business leaders and managers providing a holistic view of strategic outsourcing, covering the three essential pillars of success: risks, rewards and relationships. The author shows how business leaders can transform organisational business models, structures and mind-sets, taking the reader on a journey through the book's fifteen chapters, helping the reader truly grasp: the drivers for change as a result of globalisation and convergence and their impact on organisational strategies; how outsourcing can transform the various processes and functions of an organisation; the impact outsourcing is having on various industry vertical sectors; the eight foundations of successful strategic outsourcing programmes, which when combined with strategic decision-making knowledge, guarantees that organisations embarking on the strategic outsourcing journey, derive the transformational benefits they seek.

Demystifying Outsourcing

Author : Debbie Friedman
Publisher : John Wiley & Sons
ISBN 13 : 0787986488
Total Pages : 357 pages
Book Rating : 4.7/5 (879 download)

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Book Synopsis Demystifying Outsourcing by : Debbie Friedman

Download or read book Demystifying Outsourcing written by Debbie Friedman and published by John Wiley & Sons. This book was released on 2006-08-28 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demystifying Outsourcing emphasizes the importance of building partnerships with consultants and vendors to achieve results. Training managers who utilize this resource will build their confidence and strengthen their outsourcing capabilities as they navigate complex outsourced projects. As a comprehensive toolkit, the book takes the reader step by step through an outsourced initiative. Numerous stories bring the challenges of outsourcing to light. Practical tips and tools, and worksheets on the accompanying CD can be tailored easily to any project. Topics include: Current trends and guiding principles in outsourcing A strategic sourcing decision model to help managers make wise choices about what to outsource and what to retain Identifying and selecting outsourcing partners The RFP process and contract negotiations Positioning consultants and vendors in the organization Design, delivery and program evaluation of outsourced initiatives Special situations such as dealing with conflict, inheriting a consultant and working with multiple consultants and vendors Debbie Friedman is Operating Vice President at Federated Department Stores, where she heads up the Federated Leadership Institute, a training function whose mission is to strengthen the leadership capabilities of the top 1,800 executives.

The Manager's Step-by-Step Guide to Outsourcing

Author : Linda Dominguez
Publisher : McGraw Hill Professional
ISBN 13 : 0071483101
Total Pages : 242 pages
Book Rating : 4.0/5 (714 download)

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Book Synopsis The Manager's Step-by-Step Guide to Outsourcing by : Linda Dominguez

Download or read book The Manager's Step-by-Step Guide to Outsourcing written by Linda Dominguez and published by McGraw Hill Professional. This book was released on 2005-12-23 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outsourcing is one of the most complex and controversial issues in business today. In an effort to remain competitive, many leading companies--from Microsoft to Nike to Pfizer--are incorporating outsourcing as a strategic part of their management decision-making. Yet, for managers responsible for outsourcing, domestically or internationally, this field often seems complex, if not impossible. The Managers Step-by-Step Guide to Outsourcing presents a clear, detailed method for effectively planning and executing an outsourcing strategy in any company, large or small. Top Fortune 500 consultant Linda Dominguez provides all the tools you need to achieve successful, real-world implementation, giving you the power to cut costs, increase efficiency and productivity, generate higher returns, and stay ahead of your competition. Sharing the invaluable guidance of her clients as well as the advice of outsourcing experts, Dominguez helps you develop a strategic plan for your own initiative. She imparts the new skills executives, managers, and employees must learn to deliver results, and best practices for creating sustainable shareholder value without sacrificing quality, productivity, relationships, or control. As you prepare your blueprint for action, you'll discover how to: Decide to outsource a business unit or function on or offshore Weigh potential cost savings against the potential risks Select the best vendor for your specific needs Make the transition process swift and effective Anticipate and manage outsourcing problems and challenges Identify and navigate cultural and style differences Recall an outsourced unit back in-house when necessary You'll also find sound advice and tips executives who have successfully outsourced as well as from those who found their projects did not meet their expectations. Complete with a thorough implementation checklist, The Managers Step-by-Step Guide to Outsourcing is the only resource you need to ensure the long-term success of your outsourcing project.

Outsourcing -- Insourcing

Author : Per V. Jenster
Publisher : John Wiley & Sons
ISBN 13 : 0470014806
Total Pages : 202 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Outsourcing -- Insourcing by : Per V. Jenster

Download or read book Outsourcing -- Insourcing written by Per V. Jenster and published by John Wiley & Sons. This book was released on 2005-05-05 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Strategic Choices for Business Process Sourcing

Author : Ling Ge
Publisher :
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.:/5 (261 download)

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Book Synopsis Strategic Choices for Business Process Sourcing by : Ling Ge

Download or read book Strategic Choices for Business Process Sourcing written by Ling Ge and published by . This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms increasingly disaggregate business processes and source them on a global basis, either intra-firm or from external vendors. This dissertation examines two relevant strategic choices for business process sourcing: the choice of sourcing mechanisms and the choice of contract types. First a comprehensive choice model is proposed to incorporate different perspectives of transaction cost economics (TCE), resource-based view (RBV) and modular systems theory for the choice of sourcing mechanisms. The results indicate that modular design characteristics such as modularity and IT detachability of business processes have significant impact on firms' sourcing choices. The findings show that at higher level of process modularity, domestic outsourcing is more likely while offshore outsourcing is more preferred at lower level of process modularity. Also domestic outsourcing is preferred over offshore outsourcing when processes are tightly coupled with the IT infrastructure. The results suggest that offshore outsourcing is a different governance mode from domestic outsourcing. It may be a viable choice for firms that are looking for capabilities and adaptation willingness to improve the modular design of a process and to meet firm-specific needs, but the nonmodular design of IT infrastructure may inhibit such attempts. The dissertation then examined how firms select appropriate types of contract once outsourcing decisions are made. Three types of contracts were considered: Fixedprice (FP), Cost-plus (CP) and Time & Materials (T & M), which provide different levels of cost-reduction incentive, completeness of contract design and flexibility to change. The findings suggest that business characteristics impact coordination and negotiation costs and thus the choice of contract types. Higher coordination costs (the costs of managing interdependence) lead to higher probability of selecting contracts with high incentives and detailed service descriptions such as FP contracts while high negotiation costs (the costs of opportunistic behavior in ex post adaptation) increase firms' preference to contracts with more flexibility to change such as T & M contracts. Further, the selection bias of the choice of sourcing mechanism on the choice of contract types was identified. Firms that select outsourcing are more likely to adopt contracts with high level of incentive and contract completeness.

Global Sourcing Of Services: Strategies, Issues And Challenges

Author : Shailendra C Jain Palvia
Publisher : World Scientific
ISBN 13 : 9813109327
Total Pages : 723 pages
Book Rating : 4.8/5 (131 download)

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Book Synopsis Global Sourcing Of Services: Strategies, Issues And Challenges by : Shailendra C Jain Palvia

Download or read book Global Sourcing Of Services: Strategies, Issues And Challenges written by Shailendra C Jain Palvia and published by World Scientific. This book was released on 2016-11-01 with total page 723 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are three stages to outsourcing: The first occurred at the dawn of industrial era in the 19th century, where mass production for consumption by many, became the norm and simple domestic means could not meet such demands. With the cost of labor soaring in developed countries, manufacturing of products started moving to countries like China to take advantage of labor arbitrage in the 1900s. This is the second stage of outsourcing. This book addresses issues and challenges in the third stage of outsourcing whose focus is on movement of services at electronic speed, utilizing the Internet platform.The book includes short essay questions, multiple choice questions, mini-cases at the end of most chapters and glossary of terms. It can also serve as a good reference book for practitioners.

Global Outsourcing Strategies

Author : Roxane Gervais
Publisher : Routledge
ISBN 13 : 1351933310
Total Pages : 417 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis Global Outsourcing Strategies by : Roxane Gervais

Download or read book Global Outsourcing Strategies written by Roxane Gervais and published by Routledge. This book was released on 2017-03-02 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most significant techniques to which companies and organizations have turned to improve service delivery and reduce costs has been outsourcing. Over the last 10 years, almost any process has been successfully outsourced. But during that period there have been failures too; projects that never realised their objectives or that had unforeseen impact on business. Global Outsourcing Strategies is a state-of-the-art guide to the best lessons to be learned for successfully implementing and outsourcing projects, or for revisiting existing operations. The 22 chapters explore some of the new areas for outsourcing, after traditional targets such as IT and finance. Information is provided on the different facets of the outsourcing process, such as contract negotiation, the risks involved in outsourcing, the need for service level agreements, the critical requirements needed to build and sustain outsourcing relationships, and ethical supply chain issues. There are also sections exploring the impact of outsourcing on organizational structures; the long term effects; legal issues; management control and inter-firm relationships; as well as case studies from both the public and private sector on the practical side of outsourcing. The book will appeal to practitioners and researchers alike. This is a must-have guide for any organization approaching outsourcing as a global (or local) strategy and for those organizations now reviewing or developing their outsourcing partnerships.