Analyzing the potentials of outsourced manufacturing and selecting an efficient outsourced manufacturing model. The case of May Dai Phuc Ltd.
Nguyen, Trang (2014)
Lapin ammattikorkeakoulu
2014
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201501191405
https://urn.fi/URN:NBN:fi:amk-201501191405
Tiivistelmä
This research aims to analyze the potentials of outsourcing strategy and select an efficient outsourcing model in the context of a manufacturing process within a single company. The first objective of this research is to find out the company’s possibility and flexibility in outsourcing its manufacturing. The second objective is to discuss how outsourced manufacturing will influence the case company’s current operational and financial performance. The third objective is to study the three most common outsourced manufacturing models currently used by national garment manufacturers and find out the most efficient one for the case company.
The background of this thesis is firstly formed from the current situation of the case company and its demands for outsourcing manufacturing. In addition, relevant research and literature on the outsourcing phenomenon and the outsourcing process were studied to identify appropriate approaches for different issues within outsourcing context and to establish a logical framework for this research.
This qualitative research was conducted as a single case study for the case May Dai Phuc Ltd. Data used in this research were collected from different kind of sources including previous research and literature; company internal documents; and an interview and several discussions with the managing director of the case company via telephone and email.
The results of this research highlight the considerable potentials and benefits of outsourced manufacturing in the case May Dai Phuc Ltd. On the basis of the research findings, it is indicated that outsourced manufacturing can enhance the current financial and operational performance of the case company through reducing cost, converting fixed cost to variable cost, and reducing performance cycle time and offering flexibility. In addition, a set of recommendations were provided to assist the company in making its outsourcing decision.
The background of this thesis is firstly formed from the current situation of the case company and its demands for outsourcing manufacturing. In addition, relevant research and literature on the outsourcing phenomenon and the outsourcing process were studied to identify appropriate approaches for different issues within outsourcing context and to establish a logical framework for this research.
This qualitative research was conducted as a single case study for the case May Dai Phuc Ltd. Data used in this research were collected from different kind of sources including previous research and literature; company internal documents; and an interview and several discussions with the managing director of the case company via telephone and email.
The results of this research highlight the considerable potentials and benefits of outsourced manufacturing in the case May Dai Phuc Ltd. On the basis of the research findings, it is indicated that outsourced manufacturing can enhance the current financial and operational performance of the case company through reducing cost, converting fixed cost to variable cost, and reducing performance cycle time and offering flexibility. In addition, a set of recommendations were provided to assist the company in making its outsourcing decision.