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I've heard of companies switching to ordering components for a product and assembling the product themselves instead of ordering the finished product. Can you explain
I've heard of companies switching to ordering components for a product and assembling the product themselves instead of ordering the finished product. Can you explain to me what goes into the make vs buy decision?
Yeah, the overall decision to make or buy a product is based on whether it is easier for the company to make a product or part or buy it Sometimes companies would rather just pay someone else to do the work even if it's more expensive.
Yeah, the overall make vs buy decision is based on a company's personal preference. Normally, making or buying a product ends up being equal in cost Hmm That definitely gives me something to think about. Thanks!
Yeah, the overall decision to make or buy a product is based on whether it is more cost effective to make or to buy a part or finished good. Cost consists of many factors that also impact the decision, including the available workforce, lead time, supplier quality, warehouse space, etc. what is the right answer
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