the pressure to cut overhead costs increases, more and more companies
are implementing outsourcing strategies to focus on "core" activities.
Still, effective outsourcing can be highly complex and determining one’s
core competencies is not just a one-time decision process.
For OEMs the challenge lies in
figuring out what to farm out, how to select the best provider(s), how
to oversee outsourced relationships and protect IP. Conversely, contract
designers and manufacturers require clear directives, ongoing contact
with the OEM and the ability to use their expertise to get the job done
and cultivate a long-term partnership...more
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