Strategic Outsourcing, Innovation and Global Supply Chains: A Case Study from the Aviation Industry

Outsourcing new product development can be complex, involving strategic and operational risks. It is essential to select suppliers carefully and set up an effective management strategy. This volume provides a comprehensive overview of decision-making models for outsourcing strategic activities, particularly when driven by technological innovation, based on a case study of the Boeing 787 Dreamliner program.

Format: Hardback
Length: 226 pages
Publication date: 22 May 2023
Publisher: Taylor & Francis Ltd

Decision-making on outsourcing new product development, particularly innovation projects, is a complex and challenging task. It involves addressing strategic and operational risks that can lead to longer development times and increased costs. Therefore, it is essential to select suppliers carefully and establish an effective management strategy from the inception phase.

Supply chain management is facing significant disruptions driven by interconnected factors that will have a profound and lasting impact. In response to these challenges, this volume provides a comprehensive overview of decision-making models for outsourcing strategic activities.

Based on a relevant case study, the Boeing 787 Dreamliner programme, the proposed model offers a valuable approach to outsourcing decision-making strategies for new product development when technological innovation drives the innovation process.

Outsourcing decision-making for new product development can bring several benefits, including access to specialized expertise, cost savings, and increased flexibility. However, it also presents risks such as quality issues, communication breakdowns, and intellectual property disputes. Therefore, it is crucial to carefully evaluate the potential suppliers, establish clear communication channels, and implement robust quality control measures to mitigate these risks.

In conclusion, decision-making on outsourcing new product development is a complex task that requires careful consideration of strategic and operational risks. By selecting suppliers carefully, establishing effective management strategies, and implementing robust quality control measures, organizations can successfully navigate the challenges of outsourcing and drive innovation.

Weight: 484g
Dimension: 162 x 241 x 18 (mm)
ISBN-13: 9781032455396