outsourcing production

susie809 | 15:50 Sun 16th Apr 2006 | Business & Finance

4 Answers

what are the benefits for a business by outsourcing production?

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jeremyhousely

1. Reduce overheads, free up resources
2. Minimize capital expenditure
3. Eliminate investment in fixed infrastructure
4. Offload non-core functions
5. Redirect energy and personnel into the core business
6. Free your executive team from day-to-day process problems
7. Focus scarce resources on mission-critical projects
8. Get access to specialized skills
9. Reduce need for internal commitment of specialists
10. Save on manpower and training costs

joshuareil

Outsourcing the production of a company can provide many benefits including the saving of cost for labor.

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