Strategic outsourcing involves separating out some of a company’s value creation activities within a business and letting them be performed by an independent entity. Indeed‚ Apple has outsourced various functions in terms of manufacturing‚ assembly and logistics as its contract manufacturers and outsourcing companies can perform several value-creation functions at a lower cost due to low-cost location and other competitive advantages. We are living in a globalized economy in which overhead and
Premium Outsourcing
Affiliates 1 Source from Domestic Suppliers Overseas Establishing Foreign Affiliates (FDI and trade) 5 Source from Foreign Suppliers (International trade) Insource 4 3 2 Outsource Offshoring Outsourcing 3 For example‚ Gecis Global‚ General Electric’s captive outsourcing operation in India‚ was sold and is known as Genpact‚ with 19‚000 employees and $500 million annual revenue. 6 7 4 It is possible to use the input-output table to separate out intermediate use and
Premium International trade Outsourcing International economics
responsibility‚" says David Nitzsche in a blog on the AmeriQuest Business Services Website. "Its importance cannot be overstated." According to Nitzsche‚ Senior Vice President of Supply Management‚ the relationship of a client and business process outsourcing (BPO) provider is more complex than a traditional purchaser/vendor connection. "That’s because these providers are actually more like strategic partners who are dedicated - not just to sell you service - but to actually help you grow your business
Premium Supply chain management Business process outsourcing Outsourcing
4.2.3 Differentiation between SSC and Outsourcing The ideas and objectives regarding the implementation of a SSC concept have several things in common with an outsourcing approach. However‚ there are various differences between both sourcing arrangements and it is necessary to clearly distinguish between them (Becker et al. 2008). First of all‚ the two constructs have a different strategic orientation. SSCs in the public sector are internally-oriented and emphasize the relationship between the business
Premium 1916 Service provider Costs
22‚ 2013 Tom York Intro to Supply Chain Management Scotts Miracle-Gro Outsourcing Decision: Long Term versus Short Term Costs The largest company in the North American lawn and garden industry‚ Scotts Miracle-Gro‚ which was based in Marysville‚ Ohio‚ formed through a merger in 1995. A corporation of great success‚ with $2.7 billion dollars of net sales in 2007 had a difficult assessment to make between outsourcing a contract manufacturer in China or continuity of manufacturing in the United
Premium Contract Economics Outsourcing
Case 06-12 Outsourcing Services‚ Inc. Outsourcing Services‚ Inc. (OSI)‚ a SEC registrant‚ provides a variety of EDP and payroll processing services to third parties. OSI recently has introduced a new service line to provide product help-line support services through customer service representatives (CSRs) who are employees of OSI. On January 1‚ 2004‚ OSI entered into a service contract with Company X. Pursuant to the terms of the contract‚ OSI’s CSRs will provide technical support for Company X’s
Premium Contract Customer service Revenue recognition
As an American citizen‚ I initially believe that outsourcing is a terrible thing for America’s economy. When you hear about American jobs closing to be moved over overseas‚ it makes you worry about our already troubled economy. You become worried about all the employees who have been removed from their jobs. The government will provide a limited supply of unemployment pay‚ but they cannot guarantee all displaced employees’ their jobs back. When these displaced employees start receiving their unemployment
Premium United States Higher education Economics
Tesco Lotus’ outsourcing to Linfox (Thailand) Case Study Write-Up for Strategic Management I. Tesco Lotus background relevant to the subject According to the British Chamber of Commerce Thailand‚ Ek-Chai Distribution System Co.‚ Ltd‚ known as Tesco Lotus‚ was formed in 1998 with only 14 “Supercenters” in key regional locations[i]. Today‚ Tesco Lotus‚ as it claims on its website[ii]‚ is the leading retailer in Thailand with running retail business from over 660 Tesco Lotus stores‚ 88
Premium Supply chain management Retailing Logistics
In the documentary “30 days:Outsourcing” an American man named Christopher was prompted to live in India for a complete 30 days. He was a man that had responsibilities to care of as well as a family to tend to. In America‚ Christopher was laid off and in search of a job to support his family‚ but he could not find one at all. He got a call from some very important people telling him that he was going to India for 30 days to experience the life of an Indian family. Ravi and his family‚
Premium Family Mother English-language films
STRATEGIC OUTSOURCING AT BHARTI AIRTEL LIMITED Case summary by Aris Metin THE COMPANY: BHARTI AIRTEL LIMITED A family or close to family-run business (Sunil Mittal as Chairman) The first private telecommunications service provider in India to launch national and international long-distance service Founded by Mittal in 1995 (with $900 start-up capital) With mobile licenses for 15 (out of 23) total circles and obtained fixed-line licenses to become the first Created to take advantage
Premium Bharti Airtel Sunil Mittal