Outsourcing for manufacturers

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  • This book attempts to bring together selected recent advances, tools, application and new ideas in manufacturing systems. Manufacturing system comprise of equipment, products, people, information, control and support functions for the competitive development to satisfy market needs. Manufacturing System provides a comprehensive collection of papers on the latest fundamental and applied industrial research. The book will be of great interest to those involved in manufacturing engineering, systems and management and those involved in manufacturing research....

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  • Computer Techniques Computer Hided and Integrated Manufacturing Systems II S-Volume Sel Cornelius T Leondes .Vol.l Computer Techniques C o m p u t e r H i d e d and Integrated Manufacturing Systems A S-Volume Set .This page is intentionally left blank .Vol.l Computer Techniques C o m p u t e r R i d e d and Integrated Manufacturing Systems H S-Volume Ser Cornelius TLeondes Unifmity of Calikmia, Lm Angeles, USA I j f e World Scientific IM New Jersey 9 London • Singapore • Hong Kong .Published by World Scientific Publishing Co. Pte. Ltd.

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  • Several online RSS service providers (essentially, Web- based RSS readers) have proposed alternative solu- tions [2, 3]. In these “outsourced aggregation” scenar- ios, a centralized service provides a remote procedure interface which end-user applications may be built upon (or refactored to use). Such an application would store all its state—the set of subscribed feeds, the set of “old” and “new” entries—on the central server. It would then poll only this server to receive all updated data.

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  • As manufacturing technologies follow the path from factory to home use, like personal computers, “personalized” manufacturing tools will enable consumers, schools and businesses to work and play in new ways. Emerging manufacturing technologies will usher in an industrial “evolution” that combines the best of mass and artisan production models, and has the potential to partially reverse the trend to outsourcing.

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  • In section 2 we gave a review of the general outsourcing literature along with examples from the furniture industry. In this section we will provide a description of the simulation model that is developed to illustrate the supply chain structure of a typical furniture manufacturer in Mississippi. The simulation model allows managers of furniture companies to estimate the impact of various decisions related to outsourcing on the performance of the supply chain. The model is used to perform “what-if” analyses.

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  • Product outsourcing is recognized as a way to gain flexibility for competitive advantage (Nembhard et al. 2003). A financial model to assess the option value of product outsourcing is developed in this article. Decision makers can use this valuation methodology to choose the appropriate outsourcing strategy, which is demonstrated by an example from apparel manufacturing industry. A Monte Carlo simulation model was conducted to show the long-term value of outsourcing under dynamic market conditions. Nembhard et al.

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