Essays on How Manufacturing Companies Can Gain from Outsourcing Report

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The paper “ How Manufacturing Companies Can Gain from Outsourcing” is a motivating example of a report on human resources. The purpose  of this report was to analyze how the manufacturing sector is entering into outsourcing. The report looked at different factors that have to be considered before deciding to outsource and the advantages and challenges of outsourcing. AuthorizationThis report was authorized by the CEO. It was motivated the growing trend towards outsourcing and it was mainly meant to look at the advantages that the manufacturing sector could gain from outsourcing. LimitationsOne of the limitations of this report was time.

It required a lot of time to find and analyze the necessary material on outsourcing which was not an easy task. Scope of reportThis report looks into outsourcing. The report analyzes the concept behind outsourcing. It also looks into the ways in which the manufacturing sector has benefited from outsourcing and why most companies prefer to outsource production services. The report also looks into the advantages and challenges of outscoring. OutsourcingContracting out of the business processes to foreign providers is not new. It has emerged as the concept of offshoring that has taken the world by storm.

Offshoring, which also encompasses the process of outsourcing, has been practiced for decades now. Outsourcing has been practiced since the 1960s but the concept has gained prominence use in the recent past, beginning in the 1980s. It is evident that the process of outsourcing has developed along the line of growth in information and communication technologies. The change in the structure of outsourcing has been underway, generally influenced by the interplay of three factors including technological advances, economic and competitive pressures aimed at reducing cost and improving productivity, and institutional developments of favorable trade liberalization. What is driving outsourcing? The advance in technology has made outsourcing possible due to changes in communication and transportation.

References

List of references

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