Make or buy: Three pillars of sound decision making

Published: March 10, 2011

Executive summary

The decision to make or buy extends beyond manufacturing, encompassing human resources, information technology, maintenance, and other fundamental business functions. Chief procurement officers have a key role to play in helping business units make these decisions given the skills and objective perspective their teams bring to the effort. This report explores the dynamics of make-or-buy decisions and presents a framework to help companies make the right decisions. The framework is built on three key pillars — business strategy, risks, and economic factors.

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Make or buy: Three pillars of sound decision making

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