Outsourcing: the latest trend in Nordic boardrooms

Article Abstract:

Scandinavian companies are increasingly opting for outsourcing. The option offers a solution for the major challenges of reducing costs, improving cash flow and introducing innovations whilst remaining competitive. It allows companies to concentrate on their core activities, to have flexible resources and to remain at the forefront of technology without investing in research and development for all areas of manufacture. The information technology sector was the first to introduce outsourcing but other Scandinavian companies which use the practice include Saab and Ericsson.

Organizing Business, Industrial management, Reengineering (Management)

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Starting small in an unfamiliar environment

Article Abstract:

A characteristic way in which developed country buyers build partnerships with less developed country suppliers is analyzed. It was found that the propensity for the buyer to start small increases with the cost of search for a new supplier and decreases with the probability that the current or new supplier can fulfill the large order successfully after training.

Industrialized Countries, Developing Countries, Comparative analysis, Industrial nations, Industrial suppliers, Buyers (Retail)

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Foreign exchange.

Article Abstract:

Outsourcing seems like a quick and simple way of buying into a more productive and globalize operating network. Outsourcing is the latest in the long line of ideas that tries to address the inefficiencies in the system, but to a certain extent represents and exacerbates those very inefficiencies.

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