Title: offshore outsourcing pros and cons

Essay Details

Subject: Business
Author: Anita T
Date: November 11, 2014
Level: University
Grade: A
Length: 4 / 917
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

In 2000, Riordan Manufacturing (RM) opened a plant in China and moved all of its operations from Michigan to China. Riordan's mission for the future is to focus on "achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth". RM, the industry leader in the field of plastic injection, employs 550 people...

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RM, the industry leader in the field of plastic injection, employs 550 people. Outsourcing is primarily to save money while taking advantage of skills and technology not found inside of Riordan Manufacturing. Offshore outsourcing offers cost savings through reduction of salary and other related costs...

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