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Developing a Make or Buy Strategy for Manufacturing Business (IEE Manufacturing)
 
Manufacturer: The Institution of Engineering and Technology
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Product Description
How can a company decide where to concentrate its expertise? Why are some companies better at exploiting their strengths than others? Is there a link between the range of a company's activities and its success and profitability? These are just some of the questions at the heart of a make or buy strategy for manufacturing business. Most companies will face issues such as these at some time or other, and in resolving them will determine the future shape of the business - for better or worse. Based on original research and case experience, this book presents a structured approach to making these important decisions. By drawing on the collective knowledge of people in the company, a make or buy strategy can be developed which focuses manufacturing capability on the factors critical to business success. The book is aimed at directors and managers from manufacturing companies concerned with developing their capabilities and focusing their strengths, but many other people in manufacturing, finance, engineering, purchasing and service operations will find value in this book.

Coverage includes: Links between business strategy, vertical integration in manufacturing industry and business performance; why a make or buy strategy is central to manufacturing capability and business results; the difference between strategic, tactical and component make or buy issues; the best practice approach to make or buy decisions; what is involved in developing an optimal make or buy strategy for a business; how to apply the approach to your own business.

Also available:

A Management Guide to Logistics Engineering - ISBN 9780855100360
TMAP - A guide to technology management assessment procedure - ISBN 9780852967683

The Institution of Engineering and Technology is one of the world's leading professional societies for the engineering and technology community. The IET publishes more than 100 new titles every year; a rich mix of books, journals and magazines with a back catalogue of more than 350 books in 18 different subject areas including:

-Power & Energy
-Renewable Energy
-Radar, Sonar & Navigation
-Electromagnetics
-Electrical Measurement
-History of Technology
-Technology Management

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Customer Reviews
Great Make vs Buy Guide-book
 
Review Date: March 31, 2000
Reviewer: Prof David T Wright, Vancouver, BC
With recent marketing of APS, CRM and other "intelligent" bolt-ons to ERP systems capturing the global attention of consultants, industrialists and researchers alike, this book provides a timely and comprehensive toolkit for operational analysis in the age-old Make vs Buy debate.

We can see Virgin's Richard Branson say "no" to manufacturing mostly relying on the power of global brands. Alternatively, vast FMCGs companies like Procter & Gamble tend towards overcapacity and many owned manufacturing facilities worldwide. Ernst & Young (Supercharging Supply Chains ISBN 0471254371) suggest global optimisation of distribution networks (and watch out for tax!). "Developing a Make vs Buy.." has less to say on the external debate, but much to contribute to the practical assessment of your own operations

Topics include: introduction, manufacturing business context, strategic review, developing a make vs buy strategy, implementing & maintaining a strategy, practical experiences, useful tools & techniques, and next steps.

This 132 page book is concise, well presented with illustrations, checklists, and references and should prove useful supporting strategic product portfolio analysis/change projects. It could have been improved through provision of sidebar case-studies, and pointers to more innovative research materials. Overall, well worth using, even in support of mergers & acquisition prospect analysis.

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