DocumentCode :
2872228
Title :
Remaining competitive in a world of outsourcing
Author :
Scheller, W.L.
Author_Institution :
Kettering Univ., Flint, MI
fYear :
2005
fDate :
26-26 Oct. 2005
Firstpage :
255
Lastpage :
257
Abstract :
Outsourcing of goods and services presents a significant challenge to domestic companies. Engaging in outsourcing presents a company with significant costs and risks which are often not fully analyzed prior to the outsourcing decision. Despite the reversal in some foreign factories of the principles of Lean, judicious use of Lean principles and automation can make domestic production not only competitive with outsourcing, but has allowed some factories and companies to recapture outsourced production
Keywords :
costing; lean production; outsourcing; risk analysis; Lean principle; competition; contracts; cost analysis; domestic company; goods outsourcing; risk analysis; Business; Contracts; Costs; Intellectual property; Lean production; Manufacturing; Outsourcing; Production facilities; Production systems; Supply chains;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Electrical Insulation Conference and Electrical Manufacturing Expo, 2005. Proceedings
Conference_Location :
Indianapolis, IN
Print_ISBN :
0-7803-9145-4
Type :
conf
DOI :
10.1109/EEIC.2005.1566302
Filename :
1566302
Link To Document :
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