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Your assignment is to prepare and submit a paper on outsourcing in electronics manufacturing.
Your assignment is to prepare and submit a paper on outsourcing in electronics manufacturing. In fact, the majority of organizations (i.e. multinational or national) at the present contract or outsource their business services, for instance, call center .services, electronic mail services and .payroll. In addition, these services are divided among different companies that are well experienced in providing services and facilities. However, these organizations are sometimes located out of the country (Thompson, 2011. Turban, Leidner, McLean, & Wetherbe, 2005).
In this scenario, the outsource manufacturing expansion is a great deal of a return to essential competencies as it is an attempt to reduce operating expenditures. In addition, the enhancement of external knowledge has been particularly apparent in electronics manufacturing, which has basically turned into the shape of an outsourcing business model. Additionally, from circuit boards that present a wide variety of services and functionalities to wireless communications units to the insertion of microelectromechanical (MEM) sensors in a plethora of problem-solving and diagnostic devices, to a greater extent refined devices and electronic components are being contract manufactured. Hence, it allows electronics manufacturers to pay attention to what they do best at the same time as addressing the clinical needs of customers (Teng, 2012).
In the past few years, there has been extensive progress in outsourcing in electronics manufacturing. We have seen that a lot of original equipment manufacturers (OEMs) have adopted this modern trend in order to quickly and cost-efficiently enter into new marketplaces. In addition, by teaming with a knowledgeable partner, an OEM could considerably reduce the time, as well as operating expenses implicated in developing new services and products like that Microsoft, did in its launch of the Xbox (Delattre, Hess, & Chieh, 2003. Teng, 2012).
This paper presents a detailed analysis of some of the important aspects that are associated with outsourcing in electronics manufacturing. The basic purpose of this research is to analyze how outsourcing in electronics manufacturing offers advantages and support for businesses to cut down the overall cost and enhance the potential profitability of the business. This paper will present an overview of outsourcing with respect to the electronics industry and also present a critic, whether or not outsourcing in electronics manufacturing helps the business.