Strategic Outsourcing

Paper Summary:

The paper explores how the make-versus-buy is an age-old dilemma that companies have grappled with for years. The paper explains that the decision to outsource is both strategic and critical. This paper examines the factors that must be considered in the outsourcing decision, presents expert opinions on the issue and highlights historical successes and failures in outsourcing.

From the Paper:

"For all companies the decision about what to produce internally versus what to procure from suppliers and partners, i.e. the make-versus-buy dilemma is a critical one and many factors must be considered during the decision-making process. Key issues to consider include; How much will the process cost to implement internally versus purchasing externally? Does the company have the necessary skill set to internalize the process efficiently?"

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