October 1, 2013 FlexCon Piston Decision Perform a quantitative insourcing/outsourcing analysis using the data provided. What qualitative issues might affect your final decision? Identify any costs or issues that are not part of your analysis that might affect your decision. What is your recommendation regarding what FlexCon should do with its family of pistons? Support your arguments with evidence gathered during your analysis. FlexCon is a company that prides itself on the
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keep up with all of these supply chains, was to outsource nearly all of its manufacturing. Should they consider insourcing some of it? * Cisco should start making the efforts to insource and integrate its supply chain. Although outsourcing can be beneficial, it can also complicate the supply chain in a numerous ways. The first reason Cisco should consider integrating and insourcing their supply chains is because they offer both products and services now. This complexity adds to the multiple supply
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1- FlexCon should keep its family of pistons in-house. In fact, if it outsources its pistons, it will save money the first year- about $30,000 before tax and $18,000 after tax. However, the second year, Flexcon will lose a significant amout of money- about $124,200. Based on the case, “once a firm outsources an item or service, it usually loses the ability to bring that production capability or technology in-house without committing significant investment.” So, the savings brought by outsourcing
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Alicia Wong is the Corporate Supply Manager for Thain Food Limited (TFL). She wants to give a proposal that expresses a valid reason to insource the mustard that the company is currently being bought from an outside supplier. She has one month to prepare a good proposal and present it to TFL’s CEO. TFL has been in business for 30 years and has a business network consisting of major food chains, hotels and restaurants in North America and Europe. It offers a variety of food products such as: wide
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The Buffalo Creek Disaster Seeing family members die before your eyes is unimaginable. Seeing family members die when maybe you could have saved them, has to be a nightmare. Understanding that nothing you did, caused this horrible event to happen, is hard to let go. Gerald M.Stern writes the story of The Buffalo Creek Disaster, how a coal cleaning impoundment dam burst, killing 125 people injuring more than 1000 and causing over 4000 people to be homeless. Stern describes victims losing family
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Reasons for Insourcing Outsourced Work Insourcing is the reverse of outsourcing, insourcing is an effort in which work that would otherwise have been contracted out is performed in-house, and the business, or company wants to bring the performance of this work back in house to be performed by company resources. In addition, insourcing can be a company based in Japan performing work in the United States for the purpose of employing American workers to manufacture Japanese products. From the Japanese
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raised to an art form by firms like Wal-Mart that electronically track sales and quickly replenish inventory on store shelves. a. Outsourcing b. Insourcing c. Informing d. Supply chaining 2. This flattener, by enabling people to mine tons of electronic data, has greatly facilitated cross border collaboration. a. Outsourcing b. Insourcing c. Informing d. Supply chaining 3. Friedman argues that 8/9/95 is a significant date in the history of globalization. Why? a. Netscape went
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Use Case Diagram 5 Functional Decomposition Diagram 6 Class Diagram 7 Sequence Diagram 8 Story Board 8 Test and Quality Assurance Plan 9 Unit Tests 9 System Tests 9 Acceptance Tests 10 Bug Tracking 10 Development Strategy 11 Insourcing 11 Pros 11 Cons 11 Outsourcing 11 Pros 12 Cons 12 Combination 12 Pros 12 Cons 13 Financial Analysis 13 Investment 13 Savings 13 Timing 13 Strategic Fit 13 Economic Impact 13 Operational Model 13 Cultural Fit 13
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encompasses the unpredictability that is affecting citizens throughout the world. So what are the positive economic trends that we can all benefit from in the year ahead? The redistribution of economic power, the changing nature of business, and insourcing as the new outsourcing (Humphries). Although the redistribution
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Period for years 2003 through 2009. Analysis 1. Does this project make sense? We like the insourcing proposal and think that it makes business sense for several reasons. However, these reasons are based off of the information taken from the case before we analyzed NPV, IRR, or Payback Period, so they are strictly inferences made using sound business sense. First, we think insourcing is a good strategic move on the basis of having inconsistent and weak suppliers. When the suppliers
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