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Outsourcing

As a business owner / manager do you believe out sourcing is more beneficial towards making a profit or otherwise?

Outsourcing

I am neither an owner or a manager, but I am a process engineer.

I purposely outsource some processes. That is, I define heat treatment and initial cutting processes to be done outside of my company. When doing that, I approved a company out of Korea to cut and process some of my blanks. They could definitely do the job better and much cheaper than I could get it done in house.

Outsourcing is done by every manufacturer, in some way or other. I don't know of any company that does everything from mining to milling to casting to cutting to finishing to assembly to marketing. At the very least, a manufacturing company purchases raw material from an outside source, and usually purchases many individual parts.

So, I think outsourcing is vital. Doing it outside of the native country is simply something that each company must decide for themselves.