Outsourcing - a way to increase efficiency? The logistics context

a way to increase efficiency? The logistics context

Business & Finance, Management & Leadership, Production & Operations Management
Cover of the book Outsourcing - a way to increase efficiency? The logistics context by Vadims Kolmogorovs, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Vadims Kolmogorovs ISBN: 9783638562119
Publisher: GRIN Publishing Publication: October 28, 2006
Imprint: GRIN Publishing Language: English
Author: Vadims Kolmogorovs
ISBN: 9783638562119
Publisher: GRIN Publishing
Publication: October 28, 2006
Imprint: GRIN Publishing
Language: English

Bachelor Thesis from the year 2006 in the subject Business economics - Supply, Production, Logistics, grade: 2, University of Applied Sciences Osnabrück, 74 entries in the bibliography, language: English, abstract: Supply Chain Management (SCM) is a management concept aimed at organising and optimising the complete value chain from sourcing raw materials to the final customer regardless of organisational boundaries. In recent years, the strategy of concentrating on core competencies of companies led to a vertical disintegration of processes along the value chain. Practical experience shows that companies focusing on their core competencies in first turn outsource logistics operations within their supply chain management to external service providers. Outsourcing is defined as 'the practice of buying goods and services from outside suppliers, rather than producing them within a firm.' Harvard Business Review(HBR), the popular management journal recently listed outsourcing as one of the most influential concepts coined in the last 75 years. A fundamental question to ask in this work is whether outsourcing is really value enhancing and, in particular, whether the firm that undertakes outsourcing becomes more efficient as a result. In the context of this work the degree of efficiency will be addressed by analysing the input side as labour costs and capital for initial investments. It will be shown that in an attempt to increase efficiency by reducing expenses and turning fixed costs into variable costs, companies pursue restructuring procedures that include outsourcing of non-core activities to specialists having a lower cost base due to better economies of scale and scope. In addition, efficiency may also be improved because adjusting output to variations in demand and maintaining the quality of inputs may be easier via enforcing contracts with outside suppliers than in dealing with a strongly unionized internal workforce.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Bachelor Thesis from the year 2006 in the subject Business economics - Supply, Production, Logistics, grade: 2, University of Applied Sciences Osnabrück, 74 entries in the bibliography, language: English, abstract: Supply Chain Management (SCM) is a management concept aimed at organising and optimising the complete value chain from sourcing raw materials to the final customer regardless of organisational boundaries. In recent years, the strategy of concentrating on core competencies of companies led to a vertical disintegration of processes along the value chain. Practical experience shows that companies focusing on their core competencies in first turn outsource logistics operations within their supply chain management to external service providers. Outsourcing is defined as 'the practice of buying goods and services from outside suppliers, rather than producing them within a firm.' Harvard Business Review(HBR), the popular management journal recently listed outsourcing as one of the most influential concepts coined in the last 75 years. A fundamental question to ask in this work is whether outsourcing is really value enhancing and, in particular, whether the firm that undertakes outsourcing becomes more efficient as a result. In the context of this work the degree of efficiency will be addressed by analysing the input side as labour costs and capital for initial investments. It will be shown that in an attempt to increase efficiency by reducing expenses and turning fixed costs into variable costs, companies pursue restructuring procedures that include outsourcing of non-core activities to specialists having a lower cost base due to better economies of scale and scope. In addition, efficiency may also be improved because adjusting output to variations in demand and maintaining the quality of inputs may be easier via enforcing contracts with outside suppliers than in dealing with a strongly unionized internal workforce.

More books from GRIN Publishing

Cover of the book Fabianism and Fabianist Morals in G.B. Shaw's Widowers' Houses, Arms and the Man and The Devil's Disciple by Vadims Kolmogorovs
Cover of the book Innovation Management: The Leadership Role of the CEO by Vadims Kolmogorovs
Cover of the book Identifying highly talented athletes: Conception and design of an expert system by Vadims Kolmogorovs
Cover of the book Techniklernen - Entwicklung spieltechnisch-taktischer Grundfertigkeiten by Vadims Kolmogorovs
Cover of the book The Value Chain of the Volkswagen Group by Vadims Kolmogorovs
Cover of the book Crime against tourists by Vadims Kolmogorovs
Cover of the book Daoismus - Entwicklung chinesischer Philosophie zur Religion by Vadims Kolmogorovs
Cover of the book New Meets Old: Hawthorne's Representation of America and Europe in The Marble Faun by Vadims Kolmogorovs
Cover of the book The Need for a Revival of Third Worldism and the Continued Relevance of the Concept of the Third World by Vadims Kolmogorovs
Cover of the book 'Rabbit Proof Fence'. The Trauma of the Stolen Generations by Vadims Kolmogorovs
Cover of the book Abortion in J. Rawls's 'A Theory of Justice' and 'Political Liberalism' and R. Dworkin's 'Life's Dominion' by Vadims Kolmogorovs
Cover of the book Origins of US Foreign Policy towards the Middle East by Vadims Kolmogorovs
Cover of the book Philippine English by Vadims Kolmogorovs
Cover of the book Business process outsourcing (BPO) strategy. A conceptual approach by Vadims Kolmogorovs
Cover of the book Role of MSME Growth in Bulgaria's Banking Sector Competitiveness: A Post Crisis Perspective (1998-2007) by Vadims Kolmogorovs
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy