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make it short Good morning Dr. Gordon and class, Some key considerations for the make or buy decision are as follows. For the make decision,
make it short Good morning Dr. Gordon and class, Some key considerations for the make or buy decision are as follows. For the make decision, we have to consider the cost. Often, lower cost makes sense from a business approach. But in my view, the probability of reducing quality may increase in that instance. We must also consider how making the product or service integrates into our already established operations/business. The new product or service may not make sense to add on to what we have already established. We can also consider what our capacity is at the time. This doesn't mean quantity but rather our capability and what we are able to carry out, especially if we have the tooling or equipment to manufacture or create this new thing we need. Maintaining direct control, to me, means our ability to manage all facets of the production. In other words, will we have to rely on any external partners for production? We also have to consider how to maintain confidentiality of our proprietary information in design and production. Another external factor is supply chain reliability and whether our existing work force can sustain a new production effort. For the buy
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