Title :
Outsourcing SWOT Analysis for Some US Industry
Author :
Sarder, MD B. ; Rogers, K.J. ; Prater, Edmund
Author_Institution :
Dept. of Ind. & Manuf. Syst. Eng., Texas Univ., Arlington, TX
Abstract :
Outsourcing is proven as a good idea for many firms that need to reduce operating costs and improve information technology operations. But it remains important for them to select the appropriate outsourcing activities. Many companies will be hurt by hastily following the herd down the outsourcing path without thoroughly evaluating the benefits and risk associated with it. Some companies even do not ask themselves the fundamental question for outsourcing such as; will it add value to their customer? Or will it reduce their overall costs? If they can answer yes, it might be a candidate for outsourcing. In this research we tried to evaluate the outsourcing benefits and its underlying risks in the context of three US companies from three different businesses. A SWOT analysis was done to find the best candidate of outsourcing for a particular company
Keywords :
cost reduction; customer satisfaction; organisational aspects; outsourcing; risk management; strategic planning; SWOT analysis; US companies; US industry; customer satisfaction; information technology operations; operating cost reduction; outsourcing strategy; overall cost; risk management; Companies; Costs; Management information systems; Manufacturing industries; Manufacturing systems; Outsourcing; Pathology; Petroleum; Speech; Systems engineering and theory;
Conference_Titel :
Technology Management for the Global Future, 2006. PICMET 2006
Conference_Location :
Istanbul
Print_ISBN :
1-890843-14-8
DOI :
10.1109/PICMET.2006.296571