The economics of outsourcing in a de-integrating industry
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The economics of outsourcing in a de-integrating industry

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Published by Lahore University of Management Sciences in Lahore .
Written in English


Book details:

Edition Notes

Includes bibliographical references (p. 12-13)

StatementJawaid Abdul Ghani, Arif Iqbal Rana.
SeriesCMER working paper -- no. 05-43
ContributionsRana, Arif Iqbal., Lahore University of Management Sciences.
Classifications
LC ClassificationsMLCM 2008/43948 (H)
The Physical Object
Pagination13 p. ;
Number of Pages13
ID Numbers
Open LibraryOL22794758M
LC Control Number2007432024

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Based on a case-study of outsourcing practices and de-integration in Pakistan's footwear industry, and concepts from transaction cost economics, a framework is developed for determining which set of products and activities to outsource and which to keep in-house. PDF | On Jan 1, , Ghani, J. A and others published The Economics of Outsourcing in a De-integrating Industry | Find, read and cite all the research you need on ResearchGate. The Economics of Outsourcing in a De-integrating Industry. By Jawaid Abdul Ghani and Arif Iqbal Rana. Download PDF ( KB) Abstract. Many large firms in low scale economy industries are actively considering outsourcing options, in the face of competition from smaller more efficient players. The Economics of Outsourcing in a De-integrating Author: Jawaid Abdul Ghani and Arif Iqbal Rana. Viewing outsourcing through the lens of competition connects with early 20th-century American institutional economics. The policy challenge is to construct institutions that ensure stable, robust flows of demand and income, thereby addressing the Keynesian problem while preserving incentives for economic action.

Companies can give many different reasons why they outsource, but the reality is that outsourcing's most attractive feature is it helps firms cut costs. In a survey conducted by the Boston Consulting Group the economics of outsourcing appear to show it will have continued importance as a cost reduction strategy long into the future. Outsourcing can be applied in: human resources, project development management, and service management. The outsourcing contract can be: general, transitional or of an economic process. The type of outsourcing relationships can be described as: one provider - one customer, one supplier more customers, some vendors - a client.   Outsourcing is a term used to describe almost any corporate activity that is managed by an outside vendor, from the running of the company's cafeteria to the provision of courier services.   The third wave of outsourcing, online outsourcing, is happening now. Like the first two, this wave is good for individuals and for the economy. 68 million people in the United States are engaged in alternative work arrangements – approximately 27% of the working-age population.

One of the most dynamic and fastest growing sectors in the Philippines is the information technology–business process outsourcing (IT-BPO) industry. The industry is composed of eight sub-sectors, namely, knowledge process outsourcing and back offices, animation, call centers, software development, game development, engineering design, and medical transcription.   Procurement Policy Note 05/ The Outsourcing Playbook V Minister for Implementation's speech at the CBI: 20 February People standards for the commercial profession. Outsourcing Economics has a double meaning. First, it is a book about the economics of outsourcing. Second, it examines the way that economists have understood globalization as a pure market phenomenon, and as a result have "outsourced" the explanation of world economic forces to other s: 5. The Bottom Line. The phenomenon of job outsourcing in the United States provokes great economic contention. On one hand, this prevalent practice lowers costs for U.S. companies, enables global competitiveness, and allows them to provide reasonably-priced goods and services.