What happened to the Good Old Manufacturing? : Part 2
In my previous post I touched upon the recent trends in outsourcing of manufacturing and the main reasons cited by firms to outsource.
The road to outsourcing was not that easy, outsourcing faced a lot of opposition, as it was understandable also. Everything cannot be and should not be outsourced. For example it makes sense to outsource the production of an iPhone, but its designing, marketing etc. are still kept in-house. It is a decision that manufacturers have to take keeping in mind many factors.