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Make or buy decision non financial factors?

Updated: 9/18/2023
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UmerNayyar

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13y ago

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1 quality

2 time of delivery

3 reliability

4 price stability

5 customer perception

6 Goodwill

7 redundancy cost

8 opportunity cost

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13y ago
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Q: Make or buy decision non financial factors?
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What is the arguments for and against make or buy decision?

Definition of 'Make-Or-Buy Decision'The act of choosing between manufacturing a product in-house or purchasing it from an external supplier. In a make-or-buy decision, the two most important factors to consider are cost and availability of production capacity. An enterprise may decide to purchase the product rather than producing it, if is cheaper to buy than make or if it does not have sufficient production capacity to produce it in-house. With the phenomenal surge in global outsourcing over the past decades, the make-or-buy decision is one that managers have to grapple with very frequently.


Who makes make or buy decision?

the manufacturer and the customer


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Related questions

What is make or buy decision?

make or buy decision is the determination whether to produce a component part internally or to buy it from an outside supplier. this decision involves both qualitative and quantitative factors


What factors have to be taken into account in a make or buy decision?

total cost


What are the factors of a firm consider while make or buy decision?

A successful job interview


What are the qualitative factors to be considered in a make or buy or outsourcing decision?

Cost of labor, time, storage


What is the arguments for and against make or buy decision?

Definition of 'Make-Or-Buy Decision'The act of choosing between manufacturing a product in-house or purchasing it from an external supplier. In a make-or-buy decision, the two most important factors to consider are cost and availability of production capacity. An enterprise may decide to purchase the product rather than producing it, if is cheaper to buy than make or if it does not have sufficient production capacity to produce it in-house. With the phenomenal surge in global outsourcing over the past decades, the make-or-buy decision is one that managers have to grapple with very frequently.


What integration is make or buy decision?

vertical


Who makes make or buy decision?

the manufacturer and the customer


What factors plays the biggest role in influencing a customers buy decision?

if they like the sales person


Who takes Make-Or-Buy Decision?

based on the value and quantity the decision taken by purchase head /Management


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