1. Explain why a company would choose to outsource to a third-party supplier? What are some of the factors that must be considered?

2. What are some of the benefits and risks of outsourcing? Domestic vs. Offshore

3. Why is the total cost of ownership important when selecting suppliers? Give a few examples of the factors that influence TCO.

4. Why did the article warn that re-shoring all manufacturing operations might not be the perfect fix? Explain.

Answer rating: 100% (QA)

1 Companies often choose to outsource to thirdparty suppliers for several reasons a Cost reduction Outsourcing can be a costeffective strategy for companies to reduce expenses By outsourcing certain f... View the full answer