Sunday, October 31, 2010

Smart strategic outsourcing

Smart strategic outsourcing:

During past decade, the recent economic crisis has resulted in an overall reduction of manpower and the loss of key technologists. Many companies offshored their technical tasks to reduce the manpower cost. Equipment companies are being forced to come up with innovative ways to cut the costs and speed up the time for new tool development. In such a critical situation smart outsourcing is an important way to reduce the risk of technology loss. If a company outsource the core competency jobs they will suffer from new competitors after a few years, because the outsourcing companies can enter to the market as a new brand with all transferred technologies.

Determining the kind of company that you want to form a strategic alliance with it, you have to take care of the type of tasks you are assigning for that company. For example if you are outsourcing manufacturing part of a part to different companies, it might not be necessary to give all detail of the drawing and analysis to them. The only thing that they need to know is to how make that specific part of you part. 

Thanks for hearing,

   

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