Title :
Enhancing efficiency - minimising risk
Author :
Bronlund, E. ; Malkwitz, Alexander ; Neumann, Dietrich
Author_Institution :
A.T Kearney Manage. Consultants, Dusseldorf, Germany
fDate :
6/1/2002 12:00:00 AM
Abstract :
Traditional engineering contractors of large-scale turnkey systems are anything but fair and constructive towards their subcontractors. Rather, the trend today is to try to boost their own margin at the expense of the other party or to keep losses low. Both sides have good reasons for acting this way. An engineering contractor that collaborates with its subcontractors gains a sustained, competitive edge. The authors focus on the assumption that the collaboration between engineering contractors and subcontractors is advantageous for a long-term strategic basis
Keywords :
outsourcing; production control; risk management; collaboration; contract engineering; large-scale turnkey systems; risk minimisation; subcontractors; system partnerships;
Journal_Title :
Manufacturing Engineer
DOI :
10.1049/me:20020310