Category: Outsourcing

Expediency of Transition to Logistics Outsourcing in the Manufacturing Industry Today, many enterprises involved in the manufacturing industry transfer the authority to perform their key logistics functions to outsourcing firms. According to Cortinhal, Lopes, and Melo (2015), this trend is due to the fact that such companies are ready to provide an extensive list of…

Table of Contents Introduction Global Production Outsourcing Logistics References Introduction This paper is about the recent news article that appeared in Fox Business, titled ‘Mitsubishi Motors announces Production, Sales and Export Figures for January 2008 (dated February 26th, 2008). The news article gives detailed figures for the company’s performance for January 2008. Figures include its…

Table of Contents Outsourcing theory Support of the theory Diagrammatic illustration of the theory A theoretical proposition in the study References Outsourcing theory Outsourcing is the exercise of utilizing external service providers with the job of performing in-house endeavors. This has attracted a rising interest in recent years as managers consider whether it is in…

Outsourcing is a process through which a company or an organization may ask other firms to handle some of its functions. These functions usually consist of marketing, human resource, finance, selling, retailing, etc. Since there are other firms in the market which specialize in these fields, it becomes easier for the company to let them…

Organizations prefer to outsource HR functions to gain a competitive edge and improve efficiency in an era of globalization and heightened competition. Essentially, this is the process where a third party is involved in a business operation as part of the practice. The act has grown in popularity and is now widespread in the 21st…

Table of Contents Introduction Discussion Conclusion Reference Introduction Strategic outsourcing is delegating certain functions by a company to service providers for management. With its help, companies can focus on their core business and improve it. Outsourcing is necessary for risk management, efficient use of resources, and growth of advantages. It improves the quality of information…

Bharti Airtel Limited is an Indian multinational telecommunications corporation that was founded in 1995 by Sunil Mittal. At the time of the company’s establishment, Mittal’s starting capital was $900 (Palepu & Bijlani, 2012). The company mainly provides services in the field of mobile communications, broadband and telephone services, and long distance, group data, and enterprise…

Outsourcing is the purposeful allocation of some business processes or systems and delegating their implementation to a third party. It is logical to define the distinguished business processes as those that the organization implements with the least professionalism. Unlike service and support services, which are of a one-time, episodic, random nature and are limited to…

Many companies make outsourcing or in-house decisions primarily to reduce headcounts and costs. Mainly, companies consider different types of expenses involved in creating a product and service, including monitoring, transactional, labor, waste disposal, and storage requirement costs. International and local organizations adopt the outsourcing strategy if obtaining goods and services from an outside supplier by…

Introduction Every business from baking to banking depends, to some degree, on others for producing its products and services. The process of acquiring products and services for running one’s business is called ‘outsourcing’ in the business world. Though, outsourcing is not a new phenomenon for the companies, but in recent years it has gained much…